The December 8 launch of the LUNA v2.18 upgrade introduced stronger security features, tighter Cosmos interoperability, and a reinforced link between LUNA and USTC.
These changes created a fundamental backdrop for the surge, directly addressing issues that contributed to the original breakdown. And with, since the start of the month, LUNA is up 222%.
Today’s court hearing for Terra co-founder Do Kwon has added a social catalyst, with headlines around a potential sentencing pushing fresh attention toward the coin.
Still, many market participants attribute the rally to short-term speculative flows rather than improving fundamentals, raising doubts about how durable the uptrend really is.
LUNA
0.1805
+2.44%