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Signs of Life? Many in crypto wrote off Terra as a failure after its collapse in May 2022, but signs of life are emerging onchain! Terra Classic (LUNC) and Terra2 (LUNA) have both experienced massive increases in TVL, up 350% and 610%, respectively, over the past month. Can what is dead truly ever die?
While Terra Classic’s muted $6.9M in TVL pales in comparison to its pre-collapse high of $20.3B, Terra2’s $33.4M in TVL is within a stone’s throw of its $55.5M all-time high!
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