LUNA Up 4.77% on 24-Hour Surge Amid Florida Congressional Stock Trading Ban Debate

On December 18, 2025, LUNA surged by 4.77% within 24 hours, trading at $0.1173. Despite this recent boost, the token has faced significant volatility over longer timeframes, including a 27.83% drop in the past seven days, a 70.22% rise over one month, and a 70.36% decline over the past year. The price movement coincides with a high-profile political development in the U.S. Congress, where a renewed push to ban stock trading by lawmakers is gaining momentum.

Rep. Anna Paulina Luna (R-FL), who shares the same name as the cryptocurrency but is unrelated, has led a discharge petition to force a vote on a congressional stock trading ban.

As of this morning, the petition had 74 signatories and required 218 to proceed. The initiative has drawn support from both Republicans and Democrats within Florida’s 28-member House delegation, including progressive Rep. Maxwell Frost and Rep. Darren Soto, despite only seven of the state’s representatives endorsing the measure.

Luna, the Florida representative, has publicly called for an end to what she describes as a “huge problem” of potential conflicts of interest. Under current law, members of Congress are permitted to trade stocks, provided they do not engage in insider trading and report their trades publicly. However, many fail to meet these reporting requirements or face penalties for late submissions. Luna has argued that Congress should be held to higher standards, especially given its authority to regulate industries and its direct engagement with corporate leaders.

The proposed ban has also sparked broader discussions about ethics in political office. Frost’s office highlighted the petition’s widespread public support, while Soto noted that he has never owned stocks during his tenure due to ethical concerns. Other members, including Rep. Byron Donalds, who is running for Florida governor, have signaled conditional support for the measure, contingent on certain allowances such as third-party managed IRA accounts.

Luna, the Florida representative, has scheduled a meeting with GOP leadership to explore a negotiated bill that might address concerns about tax implications for divesting portfolios. If successful, the bill could be brought to the House floor as early as Friday, though political hurdles remain. Luna has also kept the discharge petition open in case the final agreement proves to be a mere symbolic gesture.

The debate over stock trading restrictions in Congress reflects broader public frustration with perceived corruption and unethical behavior in politics. Rep. Luna, the Florida representative, has positioned herself as a reformer, arguing that Congress must lead by example in ethical conduct. Her efforts have gained the backing of Florida Governor Ron DeSantis and other prominent state leaders, adding political weight to the cause.

While LUNA’s price surge appears to be driven by broader market forces, the political momentum behind the stock trading ban underscores a growing demand for transparency in governance. As the House weighs potential reform measures, the cryptocurrency market remains closely attuned to developments that could reshape the regulatory landscape, even indirectly.