Terra’s native cryptocurrency LUNA has witnessed a strong rally despite the market volatility. With the recent move, LUNA becomes the second-largest Proof-of-Stake (PoS) network by staking rewards toppling giants like Ethereum 2.0, as per the staking rewards data. At the time of writing, LUNA is trading by 7.5%, up for $95.36 with a market cap of $35.7 billion.