After Terra (LUNA) made a massive impression on crypto investors in 2021, what’s next for the price of LUNA in 2022 and beyond? How much could Terra be worth? Let’s take an overview of Terra Luna before delving into Terra (LUNA) price predictions.
After such a bullish run-up in 2021, what could happen to LUNA’s price in the next 10 years? How much could Terra be worth? What are Terra’s prospects?
According to our Terra price forecast and prediction, the price of LUNA will reach $124 by the end of 2022, rising to $340 by the end of 2023 and $860 by the end of 2025.
Terra (LUNA) will then increase to $1,490 in 2027 and $2,900 in 2030.
Are these Terra price predictions from the Moon or are they firmly rooted in reality? Read on to find out why we’re so bullish on Terra (MOON).
LUNA – KING OF THE STABLECOINS?
Terra is the name of the public blockchain that was created primarily to host a variety of fiat-linked stablecoins, the most well-known being TerraUSD (UST) which is pegged to the US dollar.
LUNA acts as the Terra network’s governance token, giving holders the ability to vote and submit proposals that could improve the protocol. LUNA is also used to stabilise the value of stable coins. Terra’ and ‘LUNA’ are often used interchangeably.
Terra is not built on the Ethereum network or any other network and uses its own blockchain. LUNA has a total supply of 810,928,577.
Some of Terra’s rivals include:
Curve (CRV)
Celo (CELO)
Ethereum (ETH)
Ripple XRP (XRP)
Tether (USDT)
What is Terra’s point?
Aiming to accelerate cryptocurrency adoption by making it more stable and usable. They believe stable coins are the best way. This is understandable as they are tied to traditional currencies that are used every day.
Some of the benefits of Terra include:
Designed to simplify dApp and stablecoin creation.
Up to 1,000 transactions per second and a block time of about six seconds.
Oracles: off-chain data sources that can inform the Terra blockchain of events occurring in the real world that can then trigger smart contracts.
High interoperability with several blockchains, including Cosmos, Ethereum and Solana.
Who is behind Terra?
Terra is developed by Terraform Labs and co-founded by Do Kwon and Daniel Shin. Kwon serves as CEO.
Terra does not have a specific roadmap, as it relies on its government to make proposals and then vote on them. This allows Terra to be more decentralised and democratic. If a proposal gets enough votes, it will be worked on and integrated.
You can see some of the proposals that the Terra community is investigating on the Agora research forum.
What is Terra used for?
Terra uses a Tendermint proof of participation consensus mechanism and can host smart contracts. Terra also hosts a variety of DeFi (decentralised funding) and is fast becoming one of the leading DeFi platforms.
In addition, it benefits from its bridges with Ethereum (ETH), the Binance coin (BNB) Binance Smart Chain, Harmony (ONE) and Osmosis (OSMO), which allow LUNA and other tokens to be easily transferred to different blockchains.
By staking LUNA tokens, users can help validate transactions and keep the network secure and earn tokens in return. Users can also choose to delegate their tokens to a validator.
Who uses Terra?
There are approximately 689,200 Terra Luna wallets, although the number of active wallets is unknown (and likely to fluctuate).
The Terra Alliance is a group of companies and advocates that support the adoption of Terra. The more successful they become, the more consumers and traders could adopt Terra.
TECHNICAL ANALYSIS OF TERRA’S PRICE MOVEMENTS (LUNA)
Terra first became available through an ICO (initial coin offering) between January 30 and February 28, 2019, where it sold for $0.80 per coin. Since Terra’s ICO, it has risen +12,654.5%, incredible over three short years.
When CoinMarketCap began tracking the price of LUNA on July 27, 2019, it traded for $1.3106. It reached its all-time low of $0.1201 on March 13, 2020.
In 2021, Terra started trading at $0.6494 and closed the year at $85.47. Terra reached its all-time high on 27 December 2021 of $103.33 and has a 52-week low of $3.94.
EXPERT OPINION ON TERRA (LUNA) PRICE PREDICTIONS
Most expert Terra price predictions expect Terra to rise over the next few years.
Currency price forecast: “Terra’s price started 2022 at $87.08. Today, Terra traded at $56.27, so the price decreased by -35% since the beginning of the year. Terra’s forecast price at the end of 2022 is $118.42, and the year-on-year change +36%. Today’s year-end upside: +110%. By mid-2022, we expect to see $81.67 for 1 Terra. In the first half of 2023, the price of Terra will rise to $153.95; in the second half, the price would add $34.64 and close the year at $188.59, which is +235% to the current price…”.
DigitalCoinPrice: “The price of 1 Terra (LUNA) can be approximately [up to] $76.07 USD in 1 [years] time an almost 2X of Terra’s current price”.
Coinskid: “Our forecasting system predicts that Terra could increase in value in the near term by +34% to $75.71 from $56.41. The system predicts a +30% move from $56.41 to $73.38 over the next month, Terra has a price prediction of $111.35 in [years] time.”
Price prediction: “The price of 1 Terra is expected to reach a low of $ 223.58 in 2025. The price of LUNA may reach a high of $277.48 with the average price of $230.04 over 2025”.
Trading Beasts: “In February 2023, Terra’s price is forecast to average $59.691. The expected maximum price is $74,614, minimum price $50,737”.
WalletInvestor: “According to our forecasts, a long-term increase is expected, LUNA’s price forecast for 2027-02-13 is $505,434. With a 5-year investment, earnings are expected to be around +796.27%. Your current investment of $100 can be up to $896.27 in 2027”.
Year Highest price Lowest price
2022 US$ 124 US$ 52
2023 US$ 340 US$ 175
2024 US$ 640 US$ 356
2025 US$ 860 US$ 520
2027 $ 1,490 $ 1,490 $ 931
2030 US$ 2,900 US$ 1,220
The above prediction figures describe some of the possible highs and lows of Terra’s price prediction forecasts for 2022, 2023, 2024, 2025, 2027 and 2030 offered by cryptocurrency and industry experts.
When reviewing Terra’s price predictions, there is a lot to consider.
The most obvious thing to think about is the price of Bitcoin and crypto market sentiment. Looking at Terra’s performance during 2021, it is clear that when the market rallied to the upside (largely due to BTC), Terra followed suit. As Bitcoin dominates 40% of the market, this is not too surprising.
Apart from that, the most important thing for Terra is stable coins. Stablecoins became increasingly popular in 2021, particularly as DeFi services exploded. Terra, with its network of stablecoins, has shown that it could be a leader in this market sector.
If Terra stablecoins continue to grow in popularity, we could see TerraUSD begin to rival USD Coin. (USDC) and Tether for market capitalisation. If this happens, it is likely to greatly increase the value of LUNA.
Although the world is increasingly interested in stable currencies, there are regulatory concerns about them. Central banks seem to be open to the idea of creating CBDCs (central bank digital currencies), but they may not like that they are being created by people other than themselves. It is always possible that in the future, we could see governments cracking down on stable currencies and implementing their own.
Apart from stable coins, Terra has quickly spread to many other sectors in the crypto market. According to their website, they now have over 100 projects in areas including DeFi, Web3 and NFTs (non-fungible tokens). It is likely that we will see Terra find many other uses for their blockchain in the future. This could even see Terra begin to rival blockchains such as Ethereum and Cardano. (ADA).
DAO and governance coins also grew tremendously in 2021 and we are likely to see this trend continue, as it gives users a voice in how cryptocurrencies develop. Moreover, as Terra continues to build bridges with other blockchains, it will increase its utility and that of its stablecoins, which could also improve its price.
As we mentioned, the world started seeing headlines like “Terra 2022 price prediction” calling it a good investment after LUNA was listed on major cryptocurrency exchanges.
If you’re thinking about trading Terra (LUNA), it may not be too late. Let’s turn to Terra’s year-over-year price predictions to determine whether now is still a good time to buy or sell this popular coin.
All things considered, Terra is quite likely to be an excellent short term or long term (3 to 10 years) investment. Here are our Terra (LUNA) price predictions for 2022 to 2030.
TERRA (LUNA) PRICE FORECAST 2022
The introduction of more stablecoins into the ecosystem will cause Terra’s range to increase in 2022. Continuing its upward momentum, Terra’s price prediction indicates that LUNA will reach an average price of $105 by the end of 2022 and may reach $120. At the highest, LUNA could reach $124 and at the lowest it could sink to $54 or $52.
According to the experts’ price forecast, the long-term gain is 120% in one year. It looks like the LUNA coin could be a good investment in 2022.
TERRA (LUNA) PRICE PREDICTION 2023
Terra’s newly launched dApps and new DeFi projects will again expand their reach and increase adoption in 2023. According to Terra’s price forecast, LUNA will start 2023 at $112 and increase to the $300 milestone. By the end of 2023, the coin could peak at $340 and reach an average price of $315.
For our Terra 2023 prediction, we will analyse data and information presented by cryptographic research. This source is very optimistic and predicts a positive trend for the LUNA coin throughout the year.
The price of Terra could even make a massive bull run and reach $295 by mid-year and be an impressive $345 by the end of 2023.
TERRA (LUNA) PRICE PREDICTION 2024
Bitcoin’s 2024 halving could once again send the crypto market soaring to new highs, including Terra. According to our Terra price prediction data, an average of $409 is possible. If the market performs well, our Terra forecast estimates a high of $640 or a low of $356 is possible.
TERRA (LUNA) PRICE FORECAST 2025
Favourable regulation in 2025 could be a massive boost to Terra’s price. If all goes well, our 2025 Terra price forecast has calculated that LUNA will average between $650 and $750. Our highest Terra value forecast implies that LUNA will reach a high of $860 and at the lower end, LUNA could reach a low of $520.
LUNA’s price may fall to the low of $490 in 2025. At the same time, according to price forecasts and predictions, the Terra coin could reach the highest possible level of $800 and an average price of $720 by the end of the year.
TERRA (LUNA) PRICE PREDICTION 2026
New bridges with some of the major blockchains will see Terra’s utility rise in 2026. Starting in 2026 at $700, according to Terra’s price prediction, LUNA averages $900. Terra’s maximum price prediction is $1,100, and the minimum price is $588.
TERRA (LUNA) PRICE PREDICTION 2027
After proving to be a solid investment over the past few years, by 2027 we could see institutional investors start investing in Terra. At best, our 2027 Terra price prediction says that LUNA can reach $1,490, while on the downside, it will fall to $931. Our average price estimate for the end of 2027 is $1,200.
TERRA (LUNA) PRICE FORECAST 2028
With more and more companies accepting Terra and different stablecoins in its ecosystem, 2028 could be a big year for Terra. Our Terra price prediction expects LUNA to reach a high of $1,700 and a low of $1,000. By the end of 2028, Terra’s price prediction is $1,598. LUNA will reach an average price of $1,544 by the end of 2028.
TERRA (LUNA) PRICE PREDICTION 2029
New and emerging DeFi projects in the Terra ecosystem could see a large increase in adoption of the LUNA token in 2029. According to our Terra price prediction, LUNA is set to complete 2029 at $2,200 and may reach a low of $1,670. Terra’s average price forecast for LUNA in 2029 is $1,850 and will close the year at $1,770, according to our long term forecast.
TERRA (LUNA) PRICE FORECAST 2030
By 2030, Terra’s ecosystem could match Ethereum’s in terms of size and capabilities. If LUNA performs exceptionally well in 2030, our Terra price prediction tells us that $2,900 is achievable. For much of 2030, Terra will trade above an average of $2,400 and our lowest Terra price prediction for 2030 is $2,120.
Many terra cryptocurrency market analysts do not make long-term forecasts because there are many factors that cannot be predicted and can affect Terra’s price over the long term. But it is still possible to make a Terra price forecast for 2030; just take it with a bit of scepticism.
According to a Terra price prediction by Coin Prediction, the price of the token could be $2,650, while Trading Beasts believes LUNA will reach $3,140 by December 2030.
CONCLUSION: HOW MUCH COULD TERRA BE WORTH?
In short, it is much easier to find reasons to be excited about Terra than to worry.
DeFi and stablecoins are expected to rise over the next few years and as investors continue to funnel their money into such protocols. This will likely mean that services like Terra’s will grow in popularity over the next few years and that will likely mean that the price will appreciate.
Regulation remains the biggest threat, but at this stage, it is unclear what that might look like worldwide. Until we know what regulators want, regulation is not too much of a concern, although it could be later. (So, keep your eyes peeled).
What will happen to the price of Terra (LUNA) in 2022?
According to our Terra price prediction, LUNA can reach an average price of $105 in 2022 and will reach $52 at the lowest level. Terra looks set to reach a new all-time high in 2022.
Will the price of Terra (LUNA) rise in 2022?
Yes, Terra’s price will rise in 2022 and may reach a high of $124 according to the price forecast. We do not expect Terra’s price to decrease in 2022.
What will happen to the price of Terra (LUNA) in 2025?
By 2025, Terra’s price will trade between $650 and $750, prices well above its current all-time high and what it will achieve in 2022, according to Terra’s forecasts. At some points, it could drop to $520, which is still an excellent increase.
Will Terra (LUNA) rise in price in 2025?
Our Terra price forecast strongly implies that Terra will rise in 2025 and could reach a record price of $860. Terra is expected to reach a series of higher highs in the run-up to 2025.
Will Terra reach $100?
Terra is predicted to hit $100 by 2022 at the earliest. The currency will then peak at $120, according to price forecasts, and appreciate above this level in the coming years.
Will Terra reach $1,000?
Terra is expected to reach $1,000 in the next few years. LUNA’s price prediction says this could happen by 2026 at the earliest.
Virtual currencies are highly volatile. Your capital is at risk.
Frequently asked questions about Terra’s price prediction
Is Terra Luna a blockchain?
Yes, Terra uses its own blockchain and is not based on top of Ethereum or Binance Smart Chain. That said, Terra has bridges to several other blockchains, including the two mentioned above.
How many Terra (LUNA) coins are there?
At its inception, Terra had a maximum supply of one billion tokens. Over time, this supply has decreased to 810 820 188 LUNA and will continue to decrease in the future.
How to bet Terra (LUNA)?
The most common way to bet LUNA is with the Terra Station wallet. Once you have your tokens in your wallet, you can choose to delegate them to a validator. This method supposedly provides a return of 8% per year.
Why is Terra (LUNA) rising?
Terra rallied massively in late 2021 after its first governance proposal was successfully approved, creating its first community grant that will pay a developer to work on the TrackTerra reporting and tax application.
Is Terra (LUNA) a good investment?
According to the main Terra price predictions we have analysed, Terra (LUNA) is a good investment. Since LUNA reached its all-time low of $0.1201, it has appreciated by 46,475.07%. The upside potential is over 150% for the next few years.
Will Terra rise?
According to our Terra LUNA price predictions, Terra will rise and may reach several new all-time highs this decade.
When will Terra take off?
Our Terra price prediction says that Terra will take off in 2022 when it will reach new highs once again. These highs are likely to get worse in the following years, but don’t expect Terra’s price to rise continuously! Sometimes it will fall and stagnate – that’s the nature of investing.
What price could Terra reach?
Terra could reach a price of $124 in 2022, $340 in 2023, $860 in 2025, $1490 in 2027 and $2900 in 2030.
What is Terra’s price forecast for the next bull run?
Assuming the next bull run will take place in 2024 at the next Bitcoin halving, our Terra price prediction says it can peak at $860, more than eight times LUNA’s current all-time high.
How high will Terra go?
The highest Terra price prediction we’ve seen comes from Cryptocurrency Price Prediction which suggests Terra can reach as high as $3,162.2161 by December 2030.
Terra 2040 Price Prediction How much will Terra be worth by 2040?
Well, nobody knows, it could rise twentyfold and reach the $10,000 mark, or it could fall to $10. The long-term price prediction indicates that Terra LUNA could reach a staggering $4500 per coin by 2040.
