Terra (LUNA) — price, overview & secure storage
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Last Updated on Jun 16, 2026 05:27 AM
What is Terra? Complete guide to LUNA
What is Terra and who created it?
Terra 2.0, launched by Terraform Labs, is a decentralized and open-source blockchain/">public blockchain protocol. It emerged following the approval of governance proposal 1623. The protocol's native staking token, Luna, plays a crucial role in governance and mining activities within the Terra ecosystem.
Key features of Terra blockchain
The Terra protocol allows users to stake Luna tokens to validators. These validators are responsible for recording and verifying transactions on the blockchain. In return, users receive rewards from transaction fees. Unlike its predecessor, the Terra 2.0 chain does not include a stablecoin.
How Terra transactions work
The transition to Terra 2.0 involved an airdrop of new Luna native coins to holders of the old Terra Classic chain. Developers within the Terra ecosystem are encouraged to migrate and deploy their decentralized applications (dapps) on this new blockchain, ensuring continuity and growth of the Terra network.
Wallet for Terra
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Tangem supports networks for Terra
- Terra
- Fantom
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Similar cryptocurrencies to Terra (LUNA)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $66,061.25 | 0.41% | $1.32T |
 EthereumETH | $1,764.30 | 2.56% | $0.21T |
 TetherUSDT | $0.9994 | 0.01% | $0.19T |
 BNBBNB | $613.79 | -0.63% | $82.73B |
 XRPXRP | $1.23 | 3.42% | $76.08B |
Frequently asked questions about Terra (LUNA)
- Terra is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Terra offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- LUNA represents the same asset as Terra. The ticker is simply a short label for trading and listing purposes.
- You can buy Terra using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- Store Terra in a non-custodial wallet where you control your keys. Tangem hardware wallets offer strong offline security.
- About Terra 2.0 (LUNA2)Terra 2.0 isa decentralized and open-source public blockchain protocol resulting from a community supported separation of the original Terra blockchain.
How to store Terra securely with a hardware wallet
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why Tangem is a trusted Terra hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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