What Terra is

Terra (LUNA) is a proof-of-stake Layer-1 blockchain, currently ranked 457th by market capitalization among the assets we track. Terra is its own settlement layer. Smart contracts run on top of it, fees are paid in LUNA, and the security model rests on validators bonding the token rather than burning energy to mine it.

Terra (LUNA) is a blockchain protocol that enables the creation of stablecoins pegged to various fiat currencies, aiming to provide a price-stable medium of exchange for decentralized applications. The native token LUNA is used for governance, mining, and ensuring network stability.

How consensus and the token economy connect

Validators propose and attest to blocks; honest behavior earns rewards, dishonest behavior burns the stake. That feedback loop is what lets Terra finalize transactions without miners.

Under the hood, LUNA secures its ledger with Delegated Proof of Stake, built on the DPoS algorithm.

Background & fundamentals

CoinPaprika classifies the project's development status as "On-going development". In sector terms it is most often filed under Cryptocurrency, Proof Of Stake, and Smart Contracts.

Where Terra sits in the market

At $0.0481, Terra carries a market capitalization of $34.16M. Around $2.19M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 6.42% of the float — a healthy level of activity for an asset this size.

Terra carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. LUNA remains -100% beneath its all-time high of $11.97, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.0373, LUNA is up +29%.

What the price history shows

The tape currently reads 24-hour -2.92%, 7-day -2.20%, 30-day +9.18%, 1-year -68.77%. Within its stored 365-day daily history, LUNA mounted a low-to-high run of roughly 189% at its strongest stretch.

Volatility profile

Recent action puts Terra in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals +9.18%, a useful input for stop placement and position sizing.

How to evaluate Terra

For an asset of this type, three lenses matter most:

  • Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
  • Staking economics — the share of LUNA staked, the yield, and unlock/queue dynamics that govern liquid supply.
  • Ecosystem depth — how many applications and how much liquidity have chosen Terra over competing Layer-1s.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.