Terra’s LUNA Set New Highs of Nearly $106. LUNA is one of the | STIPS|Oculus

Terra’s LUNA Set New Highs of Nearly $106.

LUNA is one of the two native tokens of the Terra network, a framework that allows developers to create custom blockchains and build their own decentralized applications on top of Terra for various use cases.

Sentiment for LUNA has grown in the past month largely due to the Luna Foundation Guard, nonprofit that is purchasing over $3 billion worth of bitcoin as an additional layer of security for UST, Terra's decentralized stablecoin.