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Terra (LUNA) gains 80% this week, overtaking ADA and Solana by Marketcap

While the crypto market remains highly volatile amid the ongoing armed conflict between Russia and Ukraine, Terra (LUNA) swiftly moved against the crowd and surged by more than 80% over the past seven days.

At the time of writing, LUNA is trading at $89.87 taking its market cap at $33.75B. On the weekly chart, however, the coin’s price surged by 73.5% since last Monday.

Consequently, the price hike has boosted LUNA’s Market Capitalization (the combined price of all its tokens currently in circulation) to nearly $33.75 billion, making it the seventh-largest crypto in the world.

Notably, Terra has outpaced both Cardano (ADA) and Solana (SOL)—now ranked 8th and 9th, respectively—on its way to the top.

Source: CoinMarketCap

Moreover, It is being expected that Luna will set its all-time high (ATH) at $200 probably by the end of 2022 or sooner. Also, just the news that came from one of the leading exchanges "FTX" (Rank #3 in Top 10 Global Exchanges) says "$LUNA's Listing on FTX Official on 1st March 2022, 14:00 (UTC). This will surely be a great lead towards making LUNA on the list of Top 5 Cryptocurrencies globally.

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