- LUNA overtakes ADA and SOL.
- LUNA gears to hit new ATH.
- Terra market cap reaches $30 billion.
Blockchain protocol Terra (LUNA) blows the space as it overtakes crypto giants such as Solana and Cardano. To be exact, LUNA recorded a monstrous market cap of over $3 billion, an amount that smashed SOL and ADA in the market rankings. As a result, LUNA is now being closely monitored by investors in and out of the industry.
Furthermore, this aggressive performance of LUNA made analysts in the space wonder if it could advance higher and flip XRP.
This made crypto analyst and enthusiast Coin Bureau (guy.eth) react,
Will $LUNA flip $XRP in Market Cap? 🤔
— Coin Bureau (guy.eth) (@coinbureau) March 2, 2022
The tweet expressed the thoughts of Coin Bureau (guy.eth) about the recent performance of LUNA. “ Will $LUNA flip $XRP in Market Cap? He stated.” The tweet poll gathered many viewers in the crypto Twitter community and most of them are positive that LUNA will be able to overtake XRP soon.
On the other hand, XRP, the partner of Ripple, continues to battle the SEC in America. This conflict between the US authority and Ripple has been one of the most-watched issues in the space. Others believe that if Ripple is able to finish the case with the SEC gracefully, the XRP price may surge. Hence, this might be the answer that some analysts are waiting for in their question about if LUNA can flip XRP soon.
At the time of writing, LUNA trades at a high price of over $90 with a 24-hour trading volume of almost $3 billion. If this LUNA is able to keep up with this momentum, Luna may be able to break $100 and skyrocket to a new all time high in no time.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.