My friend, you have Caulerpa racemosa or grape caulerpa. It is an excellent macroalgae in a refugium but in the main tank will overgrow the LR with rhizomes and without trimming, can overgrow and block out light. Eventually, it WILL go sexual, releasing spores and fouling the water. This maybe prevented if you continually trim it back. Warning signs are that the plant begins to look pale or whitish. I'd pull it or at least keep it pruned. SH