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Benzinga
Benzinga
Business
Samyuktha Sriram

Terra's Luna Crypto Surges 20% Amid Crypto Market Downturn: What's Going On

The native token of the Terra (CRYPTO: LUNA) blockchain surged by 20% on Monday.

What Happened: According to data from Benzinga Pro, LUNA rallied from $75.95 to an intra-day high of $91.66. The token saw a significant amount of buying pressure evidenced by its daily trading volume, which was up 175% over a 24-hour period exceeding $3.2 billion.

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