Terra (LUNA) Staking Value Surpasses $30B

Reading Time: < 1 minute

The value of Terra ecosystem assets involved in staking has reached $30.62 billion driven by the price of LUNA.

According to Staking Rewards, Terra ranks second only to Solana ($40.47 billion) in this indicator, surpassing Ethereum 2.0 ($28.4 billion).

Cross-chain protocol Orion.money involves coins worth $2.03 billion. The profitability of LUNA staking is about 7% per annum.

During the last week, the price of LUNA has increased by 71.6%, and its market capitalization has reached $35 billion. The Luna Foundation Guard has previously raised $1 billion to increase the sustainability of the stablecoin UST.