LUNA +30.44% 7D as Network Upgrades and Sentencing Date Drive Volatility

On DEC 11 2025, LUNA dropped by 11.16% within 24 hours to reach $0.1762, LUNA rose by 30.44% within 7 days, rose by 141.55% within 1 month, and dropped by 57.95% within 1 year.

Sentencing Hearing for Terraform Labs Founder Adds Market Uncertainty

The sentencing hearing for Terraform Labs co-founder Do Kwon, set for December 11, has intensified speculative activity in the LUNA token. Kwon pleaded guilty to conspiracy to commit fraud and telecommunications fraud earlier in the year, avoiding a multi-count indictment that had included charges of securities fraud and money laundering. The prosecution is seeking a 12-year prison term, a development that has drawn mixed reactions from investors.

Though the hearing has passed, the legal outcome remains a focal point for traders monitoring the digital asset. The broader Terra ecosystem has seen renewed engagement, with market participants watching for any regulatory signals that could influence enforcement actions across the crypto space.

Network Upgrades Fuel Short-Term Optimism

The Terra network’s v2.18 upgrade, which launched on December 8, has also contributed to LUNA’s recent momentum. The update included improvements to node performance, memory stability, and enhanced interoperability with the Cosmos ecosystem. These technical enhancements have been cited by traders as a catalyst for the 250% surge in LUNA’s price over the past 10 days.

Separately, the Terra Luna Classic (LUNC) chain is preparing for a v3.6.1 upgrade, with over 99% of validator votes supporting the proposal. The update aims to improve smart contract capabilities and streamline legacy system operations, further reinforcing the long-term vision for both chains.

Viral Momentum and Emotional Trading Fuel LUNC

While LUNA has seen a 30.44% gain over seven days, Terra Luna Classic (LUNC) has also experienced a strong rebound. A viral social media moment featuring a CoinDesk journalist wearing a vintage Terra t-shirt helped reignite community sentiment, driving LUNC’s price up by more than 116% in a week. The emotional response highlighted the ongoing influence of nostalgia and grassroots sentiment in crypto markets.

Simultaneously, token burn activity has accelerated for LUNC, reducing supply and adding to the perception of scarcity. This has encouraged short-term traders to re-enter the market, particularly on exchanges where trading volumes spiked.

Legal and Technical Developments Remain Key Drivers

The LUNA price action reflects the intersection of legal and technical developments. With the sentencing now complete, the market will likely reassess risk profiles. However, the recent network upgrades and community-led initiatives have provided a more constructive backdrop for long-term holders and developers.

Analysts note that while the short-term rally has been driven by a combination of speculative and event-based factors, the sustainability of the gains will depend on the clarity of the legal resolution and the success of ongoing technical improvements.

Market Volatility Expected to Remain Elevated

With both LUNA and LUNC experiencing significant price swings, market participants remain cautious. The recent legal outcome and technical developments have created a fragile environment, where sentiment could shift rapidly based on new developments. As the Terra ecosystem continues to evolve, the path forward will require both regulatory clarity and sustained innovation to attract broader institutional interest.