- Terra’s LUNA token hit an all-time high of $100.
- LUNA’s price action follows similar moves from Solana and Avalanche, two other Layer 1 projects.
- The three tokens, collectively dubbed “SOLUNAVAX” by crypto traders, have soared during 2021.
- LUNA has hit $100 for the first time amid ongoing hype for Layer 1 blockchains.
- The stablecoin-focused blockchain is home to one of the fastest-growing DeFi networks, with a variety of popular apps including Anchor Protocol, Mirror Protocol, Terraswap, and Astroport.
- Its native token, LUNA, is currently leading a Christmas rally in the market.
- LUNA’s upward move comes amid a period of bullish momentum in the market following Bitcoin’s rebound from $45,700 to $51,200.
- LUNA broke prior resistance levels at around $75 on the daily timeframe.
- LUN
Terra's LUNA Token Touches $100 Following Solana and Avalanche Rally
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