Although the crypto money industry did not have a very good period last month, especially some altcoins Looks like he had a very productive first quarter.
The leading cryptocurrency and the shining star of the last period Terra (Luna) He has clearly demonstrated and proved this.
LUNA Sets Commercial Volume Record
LUNA on April 5 for $119.55 He broke the all-time record.
In the first three weeks of the fourth month of the year 45 billion dollars LUNA, which has achieved commercial volume, is definitely in the favorite position of investors.
According to the information conveyed, the commercial volume has achieved an incredible increase in general. LUNA’s commercial volume in the first quarter of the year was approximately $223 billion it happened.
Such an increase has allowed LUNA to exceed the $27 billion commercial volume in 2021, far, far above it. LUNA achieved an 8x increase in commercial volume compared to the first three months of 2021.
The improvements in the Terra ecosystem are of course the main reason for this increase in volume and interest.
The team made these plans and shared them with the followers, especially after the Columbus-5 update in October 2021.
Co-founder Do Kwon announced at that time that the Terra ecosystem would explode in 2022, with at least 160 projects waiting to be developed.
The same update also changed the trading model of Terra’s core cryptocurrency LUNA and the collateral of the stablecoin named UST. LUNA has recently become a cryptocurrency project that is also known for its Bitcoin purchases for UST collateral.