The Price of the Token of DeFi Project Terra Surpasses $100

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Terra (LUNA) has broken the $100 mark, setting a new all-time high, while the capitalization of the token has exceeded $36 billion.

According to CoinMarketCap, the crypto has hit a new all-time high at $100.84. Over the past seven days, LUNA has added more than 55% and has moved up to the ninth place in terms of capitalization.

The LUNA has reported it has reached a historic milestone against the backdrop of the airdrop of the TNS token of the Terra Name Service domain name service from the protocol ecosystem.

The DeFi project has previously become the second project in terms of locked funds (TVL), just behind Ethereum.