Terra will add 100 new projects by end of 2022, TVL surpasses $22 billion

Back in October, Terra co-founder Do Kwon hinted at approximately 100 new projects that will eventually be launching on the protocol by the end of 2022.

Terra Network has surpassed more than $22 billion in total value locked (TVL) as of early March. Terra’s (LUNA) total value locked (TVL) has beaten out popular smart contracts-backed blockchain networks such as Binance Smart Chain, Fantom, Avalanche, and Solana.