Terra (LUNA) gains 70% in 7 days, overtaking Cardano and Solana by market cap

LUNA is trading at $85.83, up 15.3% on the day. On the weekly chart, however, the coin’s price surged by 71.9% since last Monday.

Consequently, the price hike has boosted LUNA’s market capitalization to nearly $32.1 billion, making it the seventh-largest crypto in the world. Notably, Terra has outpaced both Cardano (ADA) and Solana (SOL)—now ranked 9th and 8th, respectively—on its way to the top.