LUNA +36.7% as Network Upgrade and Legal Milestone Drive Sentiment

On DEC 9 2025, LUNA surged by 36.7% within 24 hours to reach $0.1718, marking a significant rebound as part of a broader 138.24% rally over the past week and a 144.18% increase in the last month. Despite this, the token still remains 57.49% below its one-year price level. The recent price action has been driven by key developments within the Terra ecosystem.

Network Upgrade Sparks Technical Optimism

A major milestone in the Terra ecosystem was the v2.18 network upgrade, supported by Binance, which has been interpreted by traders as a sign of ongoing development and institutional backing. This upgrade is seen as a foundational step for the future utility of LUNA within the Terra ecosystem, adding technical confidence to the market. The price has already broken a key resistance level, with momentum indicators and increased volume reinforcing the bullish narrative.

Legal Closure of Terra’s Past

Another pivotal event on the horizon is the sentencing of Terra founder Do Kwon on December 11. Kwon has pleaded guilty to fraud charges related to the 2022 collapse of the Terra ecosystem, which saw the near-total loss of $40 billion in value. The legal resolution is widely viewed as a necessary step for the community to move forward and for the network to achieve long-term credibility. The timing of the event has heightened investor sentiment, with many seeing it as a catalyst for renewed confidence in the project.

Market Positioning and Forward Outlook

LUNA’s recent price performance aligns with broader sentiment around the token’s evolving role in the crypto landscape. The network upgrade and legal proceedings represent two distinct but complementary efforts to rebuild trust and utility. While the market is currently optimistic, traders are advised to remain cautious as the post-sentencing environment could bring additional volatility, particularly in the short term.

The price movement has drawn attention from both retail and institutional investors, with the token’s technical indicators showing signs of sustained momentum. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) both suggest strong buying pressure, reinforcing the likelihood of further gains in the near term, assuming no major market shocks.