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As seen in the chart below, LUNA has been on its uptrend since August 2021. It briefly dropped towards the $40 area and resumed its momentum to $120.LUNA Has The Fundamentals And Other Factors To Sustain Its Rally
As noted by a Terra user, the Anchor Protocol, probably one of the projects driven by LUNA’s current rally, continues to consolidate important partnerships and accessibility to different investment strategies. Recently, it announced deposits and withdrawals to the Mars Protocol’s Red Bank. In addition, Anchor’s ANC was listed on Crypto.com, one of the largest crypto exchange platforms, as Terra increases its computability with other networks including Polkadot and Avalanche. The user this ecosystem’s milestones:Anchor Protocol and Acala Network with help of Wormhole integrated to unite Terra, Polkadot DeFi ecosystems and to grow the decentralized stablecoin market. Hashed & Delphi Ventures co-lead seed round for Reactor Terra’s omni booster.
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Terra has also seen the deployment of new assets, liquidity pools, and the launch of the Terra Global Founder Fellowship program. This initiative is supported by Jump Capital, Hashed, Alpha Ventures, and others.11🔸 redeployed a refreshed Ozone V1 Anchor protection pool. The capacity has increased by 200M. 12🔸 is now available on Buy Crypto page. In addition, / and / trading pairs are now live. ⤵️ — inactive (@closed_cardano)