LUNA +53.49% in 24 Hours Amid Network Upgrade Momentum

LUNA, the native token of the Terra ecosystem, surged by 53.49% in the last 24 hours, reaching $0.2343 as of December 10, 2025. This marked a significant upward shift, following a 140.38% rally in the previous week and a 235.6% gain in one month. Over the past year, however, the token has experienced a 41.57% decline.

The current upturn has been supported by a mix of on-chain and technical indicators, with a notable emphasis placed on the upcoming network upgrade. Terra Luna Classic (LUNC), a closely related token, has demonstrated similar bullish signals, rising over 22% this week and seeing a derivatives market boost from $18.15 million to $25.55 million in open interest over three days. These developments point to growing capital inflow and investor optimism.

A key catalyst for the momentum is the imminent chain upgrade. On Sunday, Terra Classic developers released the terrad v3.6.1 software update, which addresses legacy contract issues and modernizes dependencies. The proposed v13_1 upgrade, scheduled for block 26,479,000 around December 18, is expected to enhance the network's security and reliability. The upgrade was successfully tested on the rebel-2 testnet, with a rollback option retained in case of mainnet disruptions.

The upgrade has been positively received by the Terra community, with multiple on-chain inflow spikes observed. These signals suggest renewed investor confidence and active capital deployment within the ecosystem.

Technically, LUNC has been forming a bullish pattern. On the weekly chart, the asset is currently above the 50-week EMA at $0.000056 and trading within a falling wedge pattern. The RSI stands at 56, above the neutral level, while the MACD has shown a bullish crossover. Analysts project that a close above $0.000056 could push the token toward $0.000098.

On the daily chart, LUNC found support near the 61.8% Fibonacci retracement level at $0.000047 on Monday before rising by 22% the following day. The RSI is currently at 71, signaling strong bullish momentum, and the MACD histogram is expanding, reinforcing the upward trend. A continuation above $0.000061 could see the token approach the December 6 high at $0.000081. A breakdown would likely test support at $0.000047.

The broader LUNA ecosystem is also benefiting from the upgrade anticipation. While LUNA remains the primary token, the Terra Classic upgrade highlights the broader development efforts across the Terra network. The focus on long-term resilience and improved functionality aligns with broader investor sentiment, which is increasingly prioritizing protocol-level security and scalability.

Analysts project that the current bullish trend may continue in the near term, especially if the upgrade is successfully implemented. The technical and on-chain signals, combined with the community-driven upgrade effort, are seen as key drivers for further price appreciation. Investors are advised to monitor key levels and the upgrade progress for potential trading opportunities.