The NEAR Protocol (NEAR) and Aurora (AURORA) tokens did not miss out on the luck with the price spike after joining the Terra network on Wednesday.
Observations found NEAR jumped 39% from a daily low, $ 8.52 to a daily high, $ 11.84 yesterday.
At the time of writing, the slightly declining NEAR is trading at $ 11.75 and is still holding up with an increase of almost 28% for the 24 -hour period.
Through the integration that took place through the DeFi protocol collaboration - NearPad and Rose, UST now broadcasts on the NEAR and Aurora networks.
This means that UST's growth and demand will be more vigorous. At the same time will affect the price of LUNA.
TerraUSD or UST is a stablecoin produced in Terra. These assets are interrelated with Terra’s native coin, LUNA as an inflation protector.
Aurora, an Ethereum Virtual Machine (EVM) developed at Near Protocol, also saw the price of AURORA rise 20.88% in 24 hours and traded at $ 12.95 at the time of writing.
However, NEAR is still far from an all -time record high (ATH), $ 13.21 on October 26th. These assets need at least a 19% jump to recoup previous depreciation.
