LUNA Surges 10% as Terra Classic Upgrade and Legal Developments Drive High-Volume Trading

Terra (LUNAUSDT) on Binance experienced a notable 10.07% price increase over the past 24 hours, rising from 0.1073 to 0.1181 USDT. This upward movement is largely attributed to a series of high-profile developments, including the sentencing of Terraform Labs co-founder Do Kwon and ongoing legal actions surrounding the Terra ecosystem, which temporarily increased market activity and volatility. Additionally, the recent Terra Classic network upgrade supported by major exchanges contributed to heightened trading interest. Market activity was robust, with a 24-hour trading volume exceeding 5.2 million USDT on Binance and buy activity reaching 91% at certain intervals. LUNA remains volatile, with active participation and significant price fluctuations observed across multiple exchanges.