Beyond the narrative, the Terra Classic token's rally is sustained by strong market dynamics, specifically an extreme supply/demand shock.
Massive Burn Rate:Ā The community's aggressive burn mechanism, supported by exchanges likeĀ Binance, has been highly effective. Over 849 million LUNC tokens were burned in the last seven days alone, significantly reducing the circulating supply.
Trading Volume Explosion:Ā This shrinking supply has met parabolic demand, with 24-hour spot trading volume for LUNC spiking hundreds of percent, forcing the price upward.
āļø LUNA Also Rises Ahead of Scheduled Chain Upgrade
Alongside LUNC, Terra (LUNA) saw its strong rally continue, reaching the $0.12 zone. A major reason behind this renewed confidence is the technical progress underway.
Upcoming v2.18 Chain Upgrade:Ā The major v2.18 chain upgrade is still scheduled for December 8, 2025.
Binance Support Confirmed:Ā Major exchanges likeĀ BinanceĀ have officially confirmed support for the upgrade, temporarily pausing deposits and withdrawals during the process. This exchange support signals institutional confidence and contributes to bullish sentiment.
Technical Targets Remain:Ā Popular crypto trader Captain Faibik's technical signals remain relevant, suggesting LUNA could target $0.20ā$0.30 if momentum persists.
āļø Do Kwonās Sentencing Adds Volatility Ahead of December 11
The legal drama surrounding the Terra collapse continues to keep both tokens in the spotlight as a speculative catalyst.
Sentencing Date Confirmed:Ā Do Kwonās sentencing is still scheduled for December 11, 2025, in the United States, where prosecutors are pushing for a 12-year prison sentence.
Traders are viewing the approaching legal conclusion as a potential "reset point" for the ecosystem, contributing indirectly to the renewed volatility around both LUNA and LUNC.
šÆ Technical Outlook Remains Bullish
LUNC:Ā After breaking its 2-month downtrend, top analyst JAVON MARKS continues to project a potential 270% upside toward $0.00021 if the current bullish momentum can be sustained.
LUNA:Ā The technical break out of a long-term falling wedge, highlighted by Faibik, suggests strong upward moves remain possible.
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