LUNA Price Up 10.29% in 24 Hours Amid Network Upgrade and Rising Inflows

On DEC 11 2025, LUNA rose by 10.29% within 24 hours to reach $0.221, with a 61.93% gain over the past week and a 199.86% increase over 30 days. Despite a 47.79% drop over 12 months, the recent rally has reignited interest in the Terra Luna Classic (LUNC) ecosystem. Positive on-chain metrics, growing inflows, and a key network upgrade are cited as key drivers of the bullish momentum.

Network Upgrade Sparks Optimism

Terra Luna Classic developers released terrad v3.6.1, a critical update designed to address legacy contract issues and improve the blockchain’s functionality. The upgrade, set to be implemented on December 18, requires community and validator approval before triggering an automatic chain halt at block 26,479,000. The upgrade has been tested successfully on the rebel-2 testnet, with a rollback option available via v3.6.0 if issues arise on the mainnet.

The proposed changes are expected to strengthen the security and reliability of the Terra Classic blockchain. Analysts project that these improvements could enhance the network’s long-term utility and attract more institutional and retail capital.

On-chain Activity Signals Growing Confidence

On-chain data further supports the bullish narrative. Derivatives activity shows rising open interest (OI) in LUNC futures, increasing from $18.15 million on Monday to $25.55 million by Wednesday. This upward trend reflects new capital entering the market and reinforces the recent price gains. Multiple inflow spikes, as noted in the DefiLlama chart, also indicate renewed investor confidence. These movements appear to be closely linked to the anticipation of the network upgrade, with traders and investors positioning for potential upside.

Technical Indicators Suggest Uptrend

LUNA is currently trading above the 50-week Exponential Moving Average (EMA), a bullish sign in technical analysis. On the weekly chart, the price has moved inside a falling wedge pattern and gained 24% this week. If the asset closes above the 50-week EMA at $0.000056, it may continue toward the next resistance level at $0.000098.

The Relative Strength Index (RSI) stands at 56 on the weekly chart, above the neutral 50 level, indicating that upward momentum is gaining strength. Analysts project that if the current trend continues and the upgrade is implemented without complications, LUNA could see further gains.

Price Projections and Market Position

While the 47.79% drop over the last year highlights the risks involved, recent price performance and on-chain dynamics suggest that the market is beginning to reassess Terra Luna Classic’s value. With the network upgrade addressing key infrastructure issues, and capital inflows showing strong momentum, the stage is set for a potential re-rating of the asset.

Analysts project that the combination of technical strength, on-chain activity, and network improvements could lead to LUNA maintaining its upward trajectory in the near term. However, as with any market, risks remain, including potential regulatory changes and macroeconomic shifts, which could affect investor sentiment.