LUNA Token Surges 13.95% on Do Kwon Sentencing and v2.18 Network Upgrade Impact

LUNAUSDT has seen a notable 13.95% price increase in the past 24 hours, with the current price at $0.1887 (Binance). This surge follows heightened market attention surrounding the sentencing of Terraform Labs co-founder Do Kwon for fraud related to the 2022 Terra/LUNA collapse, as well as the recent v2.18 network upgrade which improved node performance and chain stability. Both events have driven speculative trading and increased investor interest. Market activity remains elevated, with strong trading volume and LUNA ranking among the top 250 cryptocurrencies by market capitalization. Despite bullish momentum, technical indicators suggest a volatile outlook as traders assess the sustainability of the rally.