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05.01 - 18:55
Yes or No – Did Terra [LUNA] really flip Binance Smart Chain’s TVL
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ambcrypto.comThe market’s altcoins have suffered terribly since the start of December. Even so, there are exceptions, with Terra emerging to be the most significant gainer of most large-cap alts. Terra is the leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. And, one can argue that there is a good reason behind the protocol’s recent popularity.
In fact, according to data provided by Defi Llama, Terra is the now second-largest smart contract platform by total value locked, surpassing Binance Smart Chain. At press time, its TVL recorded figures of more than $17B, a surge of 8% in 24 hours.
Source: DeFiLama
But, as always, there’s a caveat, and this time, it’s no different. Soon after the aforementioned stats did
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