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Benzinga

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Justin Roberti

INSANE: The luna token is upward bound as terra knocks ethereum from no 2 perch - The Real Truth

LUNA Terra DeFi

Ethereum (CRYPTO: ETH) may be the blockchain network that gave us DeFi, but it's arguably not the most popular DeFi network — if popularity is gauged by actual participation and not enduring hype. In fact, the accepted leader in the space has lost its grasp on the no. 2 spot.

According to Staking Rewards, Terra’s Luna (CRYPTO: LUNA) token has a total staked value of over $26 billion. Solana (CRYPTO: SOL) maintains the top spot with $32 billion staked, pushing Ethereum to no. 3 with $24 billion staked.

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One subscription that gives you access to news from hundreds of sites

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Susan Collins’ Maine concession could leave New England without a Republican in Congress for the first time since the 1850s

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