LUNA Token Drops 11.62% After Do Kwon Sentenced; Terra v2.18 Upgrade Overshadowed by Volatility

LUNAUSDT experienced a significant 24-hour price decline of 11.62%, primarily attributed to heightened market volatility following the sentencing of Terra co-founder Do Kwon to 15 years in prison. The news led to a sharp drop in investor confidence, resulting in accelerated sell-offs across LUNA and related Terra ecosystem tokens. Additionally, recent price movements have been influenced by the completion of the Terra network's v2.18 upgrade, although its positive technical impact was overshadowed by the legal developments. As of December 13, 2025, the LUNAUSDT price stands at 0.1696 on Binance, with robust trading volume and market capitalization between $117 million and $127 million, reflecting continued active interest amid pronounced volatility.