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December 8, 2025 | Tech, Operations & Market Analysis
Binance has announced full support for the mandatory Terra (LUNA) network upgrade to version v2.18. As part of the update, Binance will temporarily pause all LUNA deposits and withdrawals beginning today, December 8, 2025, at approximately 08:00 AM (UTC). This suspension ensures a smooth and secure upgrade process.
What’s Included in the Terra v2.18 Upgrade
The upgrade—scheduled to occur at block height 18,660,000—focuses heavily on enhancing the network’s overall security and stability. One key component is the burning of specific ASTRO tokens, a corrective measure intended to rebalance Inter-Blockchain Communication (IBC) transfers that were previously impacted by a network vulnerability.
Market Impact: LUNA Price Reacts
LUNA has experienced notable volatility following the upgrade announcement. The current price sits around $0.144, marking a sharp 26.01% intraday decline. This drop underscores ongoing market sensitivity to technical updates and historical vulnerabilities. Despite the short-term turbulence, the v2.18 upgrade is viewed as a crucial step toward strengthening Terra’s long-term network reliability.
What Users Need to Know
Trading for LUNA and LUNC will continue uninterrupted.
The pause only affects deposits and withdrawals.
Binance will resume all services once the Terra network is fully stable post-upgrade.
#TerraLunaClassic #NetworkUpgrade #CryptoTech #BinanceOperations #Lunapriceanalysis

December 8, 2025 | Tech, Operations, & Price Analysis
Binance is actively supporting the upcoming mandatory Terra (LUNA) network upgrade to version v2.18. To ensure the upgrade proceeds smoothly, Binance will temporarily suspend all deposits and withdrawals for LUNA tokens, starting today, December 8, 2025, at approximately 08:00 AM (UTC).
Technical Details of the Upgrade:
The v2.18 network upgrade, scheduled to be executed at block height 18,660,000, is primarily focused on critical security and stability improvements. A core component of this update is the burning of specific ASTRO tokens to address and rebalance Inter-Blockchain Communication (IBC) transfers that were affected by a prior network exploit.
Price and Market Reaction:
The news has injected short-term volatility into LUNA's price. The live price of Terra (LUNA) is currently around $0.144, experiencing a sharp intraday drop of approximately 26.01%. This highlights the market's sensitivity to technical operations and past vulnerabilities, but the upgrade itself is seen as a necessary, long-term positive for chain stability.
User Note: Trading of LUNA and LUNC tokens will remain active and unaffected by the deposit and withdrawal pause. Services will resume once the network stabilizes post-upgrade.
#terraluna #NetworkUpgrade #CryptoTech #BinanceOperations #Lunapriceanalysis