Terra (LUNA) has recently soared to an all-time high of over $116 USD. As LUNAtics around the world rejoice, Terraform Labs is busy expanding its ecosystem.

Since its 2019 debut, LUNA has created a diamond hands community. Some token holders, however, are ready to give in to temptation.

My bearish paws are firmly planted into the soil of Luna's garden bed because I know that the best is yet to come from the minds who breathe life into the Terraverse.

Here are a few data-driven reasons why I am holding on to my LUNA tokens this year, and you should too. 

LUNA Belongs to an Infinite Ecosystem

Do Kwon and Daniel Shin have successfully bridged the gap between native tokens and programmable money. 

Terra's founders are now hosting a diverse range of decentralized applications, or dApps, on their blockchain.

Their international success in Korea and the US has generated over 2 million users on one dApp alone. The undeniable usability of the Chai dApp is a signal that Terra's growth potential is nearly infinite. 

Blockchain Games Have a Bright Future

Did you know that the Terraverse has launched multiple gaming platforms? Neither did I! Everything from fantasy sports to casual casinos can be found in Terra's long list of applications. 

Games like TerraFloki offer users the opportunity to generate passive income while playing with Terra's first deflationary token system.

The booming NFT market is only adding to the likelihood that more Terraverse games will debut in the near future. I mean, who can resist playable NFT pups with tiny swords? I know I can't!

Terra Continues to Invest in Bitcoin

Terra made yet another bold move by adding over $200 million BTC to its treasury. Do Kwon has also stated that he would like that number to reach $10 billion one day. 

Although bitcoin maximalists are skeptical of Terra's ability to outrank their beloved BTC, the Luna Foundation Guard keeps paving the way for the growth of its community.

This is one of the biggest reasons that I continue to hold on to my lovely LUNA. It is the moon to the sun of TerraUSD (UST).

As the Terraverse grows, Terra's stable coin will need to be supplied with plenty of energy. That is when LUNA begins to wax, wane, and shine.

American Inflation Is Only Rising

The American dollar is being hit hard by inflation leading many ecosystems to shy away from USD-backed cryptocurrencies.

Gold-backed crypto, on the other hand, is a promising trend for those of us craving a sense of security for our digital assets.

Since there can only be 1 billion LUNA tokens before the currency is burned into equilibrium, UST is the dynamic stable coin that DeFi needs right now.

DeFi Needs a New Figurehead

Speaking of DeFi, Ethereum's mysterious merge has many miners curious about the future of proof-of-work protocols. Loyal ETH miners are doubtful that their roles will ever be discontinued but some insecurities remain.

I have made some poor investments in my crypto career but investing in ETH before it reached $3,000 was not one of them.

Although Ethereum will undoubtedly continue to fuel the decentralized finance movement, I believe that Terra (LUNA) might be a more qualified poster child.

The Many Phases of LUNA

Although LUNA will continue to wax and wane as DeFi secures a name for itself, I believe the Terra ecosystem has only just begun to show us what DeFi is truly capable of.

This month honors the 1 year anniversary of my first LUNA purchase. I foolishly sold some when I thought I knew more about investing.

Now I am fully aware that I have a long way to go and have acquired the necessary finger strength to keep holding on to my precious Terra tokens.

It is my pleasure to share my mistakes with you and provide free educational resources (like this article) to help start your decentralized finance learning journey. 

Brace yourself, shooting for the moon can be a bumpy ride! Thank goodness we have each other to keep us afloat. 

Safe travels,
Kyra Raine

Disclaimer: The above statements are based on my opinions and should not be taken as financial advice. I am an artist, not a financial advisor. Please do your own due diligence and feel free to share your knowledge with the community so that we may all learn together. Thank you!