LUNA is the native cryptocurrency on the Terra network and in 2021 was the top-performing cryptocurrency. For those who have never heard about LUNA, it might come as a surprise that it returned over +14,700% last year. Here is a closer look.
Bitcoin and Ethereum are now household names. Those who know little else about the crypto world still recognise the two largest cryptocurrencies. But there’s another cryptocurrency that has outperformed them all and you may only be hearing its name for the first time now.
Bitcoin was created to be an electronic cash system but instead became a digital version of gold. Ethereum wanted to improve on what Bitcoin could do by offering smart contract functionality on its blockchain. Simply put, smart contracts enabled people to build applications on top of Ethereum. This led to it becoming a $300Bn asset. Solana then improved on what Ethereum offers by making transactions faster with lower costs.Let’s take a closer look.
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