The Terra Foundation's attempt to become the world's largest Bitcoin wallet may have sparked a massive positive trend in the LUNA price. As a result, the asset has been trading near the ATH for the past few days. Furthermore, the price does not become weary after demonstrating high strength. As a result, it's expected that by the end of April 2022, the price would easily reach $200.
After a recent surge, LUNA has surpassed Cardano and XRP to become the seventh-largest cryptocurrency. The Terra Foundation, on the other hand, has surpassed the Bitcoin Treasury as the third largest. Its stablecoin, UST, is backed by more than 30,000 BTC. Terra's TVL also reaches an All-Time High of $31 billion in assets locked up, adding another feather to the cap. LUNA's price may be forced to experience a massive surge as a result of exceptionally favorable market attitudes.