The Terra ecosystem is back in the spotlight as both Terra Luna (LUNA) and Terra Classic (LUNC) show sharp volatility and renewed bullish strength. After an initial surge, both tokens continue breaking long-standing downtrends.
LUNA is currently holding near $0.1202 after a strong rally, while LUNC recently spiked to around $0.00006135 before natural profit-taking still recording major gains over the week.
A mix of viral hype, strong deflationary mechanics, and upcoming ecosystem events is driving the momentum.
How a Viral Moment Ignited the Rally
The first spark came from a social media surge after CoinDesk reporter Ian Allison was spotted wearing a vintage Terra Luna t-shirt during a Dubai interview.
This nostalgic moment spread quickly, with traders interpreting it as a symbolic “Terra revival,” fueling LUNC’s initial breakout.
LUNC’s Deflation and Supply Shock Push Prices Higher
Beyond hype, strong fundamentals have supported LUNC’s momentum:
Massive Token Burns: Over 849 million LUNC have been burned in the past week, largely supported by the community and Binance. This sharp supply reduction is creating a supply shock.
Spiking Trading Volume: With supply shrinking and demand rising parabolically, LUNC’s price has been pushed upward rapidly.
LUNA Rally Strengthens Ahead of Chain Upgrade
LUNA has also surged, reaching the $0.12 range, helped by ongoing technical developments.
v2.18 Upgrade on December 8, 2025: The major chain update is set to go live soon.
Binance Support: Binance confirmed support and will pause transactions during the upgrade—boosting market confidence.
Bullish Technical Targets: Trader Captain Faibik suggests LUNA could still move toward $0.20–$0.30 if momentum continues.
Do Kwon’s Sentencing Adds More Market Movement
Legal updates are also influencing speculation around Terra assets.
Sentencing on December 11 Do Kwon faces a potential 12-year prison term in the U.S
Traders see this date as a potential “reset moment” for the entire ecosystem, adding to volatility.
