LUNA Surges 4% on Binance After v2.18 Upgrade and Terraform Labs Co-Founder Sentencing News

LUNAUSDT experienced notable volatility in the past 24 hours, primarily driven by the recent network v2.18 upgrade and significant news regarding Terraform Labs co-founder Do Kwon's sentencing for fraud related to the Terra/LUNA collapse. The upgrade, completed on December 7, 2025, enhanced node performance and was supported by major exchanges, fueling increased trading activity. Anticipation surrounding Kwon's sentencing led to speculative trading and contributed to a price rally.

On Binance, LUNAUSDT is currently trading at $0.1808, reflecting a 4.03% price increase over the last 24 hours with a 24-hour open of $0.1738. Trading volume remains elevated, with Binance reporting $88.01 million and a circulating supply of approximately 1.19 billion LUNA. Market capitalization on Binance stands at $214.91 million, indicating sustained investor interest despite recent declines in trading activity following the news. Price fluctuations ranged from a low of $0.1567 to a high of $0.2155 during the period.