Acquiring Terra: A Step-by-Step Guide to Purchasing LUNA (Year 2025, August)
In the ever-evolving world of cryptocurrency, the Terra ecosystem has undergone a significant transformation following a major update on May 12, 2022. The update resulted in the splitting of the Terra blockchain into two separate entities: Terra Classic (LUNC) and the new Terra (LUNA), also known as Terra 2.0.
Terra 2.0, with its LUNA token, is currently rebuilding, but its valuation remains relatively low compared to its prior all-time highs. As of mid-2025, the LUNA token is trading around $0.15, with price predictions suggesting moderate growth to potentially $0.95 by the end of 2025 and possibly reaching $3.75 by 2030 under optimistic scenarios. However, investor confidence remains cautious due to the disastrous events of 2022.
On the other hand, Terra Classic's LUNC token remains highly volatile and at a very low price level, fluctuating between $0.00005 and $0.0001 in 2025. Some price forecasts predict slow growth over the next few years, but the challenge of regaining former valuation or status is evident. The outlook for LUNC includes a possibility of stabilization and speculative interest returning if crypto markets expand, though recovering to significant highs is uncertain.
Meanwhile, in the broader decentralized finance (DeFi) ecosystem, TVL (total value locked) has rebounded to pre-collapse levels, indicating recovery across the sector. However, this does not directly signify a full recovery for Terra's ecosystem specifically.
For those looking to invest in Terra (LUNA), it's worth comparing cryptocurrency exchanges offering this token. Binance, known for lower fees and increased liquidity, is a popular choice for investors residing in Australia, Singapore, UK, and internationally. Kraken, one of the most trusted names in the cryptocurrency industry, is another option, offering futures and margin trading for more sophisticated investors. Uphold, with its user-friendly interface and LUNA staking opportunities, is another contender.
It's important to note that USA and Canadian residents are prohibited from using Binance and KuCoin, respectively. HTX, another large digital asset exchange, serves more than 5 million users in over 130 countries but does not accept residents from the USA or Canada.
Terra, the platform behind these tokens, created its own stablecoin called Terra USD (UST), which stabilizes price through an algorithm without collateral. The Terra Protocol uses an elastic monetary policy to create stablecoins pegged to various fiat currencies.
For a seamless trading experience, Uphold offers a desktop and mobile app that is customizable, intuitive, and easy to navigate, along with the ability to execute limit orders. KuCoin, another well-known exchange, offers Terra (LUNA) for purchase, although specific details were not provided. KuCoin is often the first to offer buying opportunities for new tokens.
In conclusion, the Terra ecosystem is currently in a rebuilding phase, with Terra 2.0 (LUNA) showing modest valuations and a cautious outlook, while Terra Classic (LUNC) remains a speculative asset with highly volatile pricing and uncertain future prospects. The overall DeFi space shows signs of recovery, but the status of Terra remains uncertain.
Investors considering Terra (LUNA) might want to explore cryptocurrency exchanges that offer this token, such as Binance, Kraken, and Uphold, each with unique features to cater to various investor profiles. On the other hand, investors should approach Terra Classic (LUNC) with caution due to its volatile nature and uncertain future valuation in the realm of finance and technology.