Terra (LUNA) makes a new all-time high, claims 9th position
Terra (LUNA) has been on a roll, rising by more than 37.85% in the last 24-hours as the crypto market is trying to recover from a bearish trend. The token claimed victory over Polkadot (DOT) and Dogecoin (DOGE). The current market cap of the coin is 29.5 billion USD.
Why is Terra (LUNA) rising?
Terraform Labs, the firm behind the stablecoins' platform Terra (LUNA), and its CEO, Do Kwon, is being investigated by the SEC. Regardless, the platform and its governance token are performing incredibly well. The ecosystem, including Anchor, Pylon, and Mirror Protocol, operates via stablecoins which is minted by the Terra platform.Whenever stablecoins are minted, there is a huge drop in the supply of the token due to burning. Stablecoins are backed by assets which in this case is the Terra (LUNA) token. Over the past month, a huge quantity of LUNA has been burned. Recently, 88 million Luna from the community pool were burned after the approval of a proposal to create more UST, a stablecoin.
"Luna’s economics are built to be deflationary, and over the past month we’ve seen 100 million Luna tokens be burned, which removes them from supply forever,” said Hayden Hughes, CEO of Alpha Impact, a social-trading platform.
The chart above shows the bullish uptrend followed by the token since August. The volumes have been quite high as investors are attracted to the deflationary capabilities of the platform.
"Luna's price dynamics are mostly a function of the demand for UST, and by extension, the demand for using UST across various applications and blockchains," said Brian Curran, head of communications at Terraform Labs.
The weekly chart above shows that the year 2021 has been extremely bullish for the token, with prices rising from below $1 to an all-time high of nearly $78. The token has shown extremely bullish sentiment in the past and continues with the same.
Partnerships
Terra (LUNA) has also taken part in the metaverse rally, partnering with names like Summoner's War. As per data from DeFiLlama, the Terra platform ranks third in terms of TVL or Total Volume Locked. The current TVL stands at 14.35b USD, which is just behind Binance's 17.07b USD."Reduction in supply combined with the popularity of Luna staking (where staking participants get new tokens) has created a supply shock that has driven up the value," added Hughes in his statement to Bloomberg.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
