LUNA up 24.4% in 24 hours: Surge Fueled by Upgrades and Increased Inflows

LUNA Experiences Significant Price Surge

On December 10, 2025, LUNA saw its value jump by 24.4% in just one day, reaching a price of $0.1946. Over the previous week, the token nearly doubled, rising by 95.04%, and has soared 172.3% in the last month. However, this comes after a 52.59% drop over the past year. The recent upswing is being credited to heightened on-chain activity, increased capital inflows, and excitement surrounding an upcoming protocol upgrade.

Upcoming Network Upgrade Fuels Positive Sentiment

The latest network upgrade for Terra Luna Classic is a major catalyst behind the renewed optimism in the market. Developers have released terrad v3.6.1, a substantial update designed to address legacy contract issues and enhance system dependencies. This upgrade is planned to go live at block 26,479,000, which is expected around December 18, and has already been successfully trialed on the rebel-2 testnet. Should any problems arise on the mainnet, a rollback to v3.6.0 is available.

This advancement has sparked enthusiasm among both investors and validators. The proposal for the upgrade is currently under review by the community and validator network. Once implemented, the upgrade is anticipated to bolster the network’s security, performance, and reliability, further establishing its value as a blockchain platform.

On-Chain Metrics Reflect Growing Investor Confidence

Recent on-chain data supports the upward price momentum. Futures open interest (OI) for LUNC climbed from $18.15 million to $25.55 million in just two days, signaling an influx of both new and existing capital into the ecosystem.

This surge in open interest points to heightened activity in the derivatives market and a prevailing bullish outlook. Additionally, several notable spikes in capital inflows have been observed, indicating renewed investor interest and increased capital allocation within the Terra Luna Classic ecosystem. These movements are likely linked to anticipation for the network upgrade and ongoing development efforts.

Technical Analysis Suggests Further Upside Potential

From a technical perspective, LUNA is currently trading above its 50-week Exponential Moving Average (EMA) at $0.000056 and remains within a falling wedge pattern, which is typically seen as a bullish indicator. The weekly Relative Strength Index (RSI) stands at 56, suggesting that positive momentum is building.

Market analysts believe that if LUNA can close above the 50-week EMA on a weekly basis, it may challenge the next resistance level at $0.000098. The 24% gain recorded over the past week further supports the possibility of a continued rally.

Legal Developments and Broader Market Context

In a separate development, the U.S. court handling the case of Terra (LUNA) founder Do Kwon has requested additional information regarding sentencing and extradition matters ahead of the upcoming hearing. The court is seeking clarification on several legal and procedural points, including detention timelines, victim statements, and compensation processes.

Although these legal proceedings do not directly influence LUNA’s current price movement, they remain an important backdrop for the Terra ecosystem and overall investor sentiment.

The ongoing rally in LUNA is being propelled by robust on-chain activity, expectations of a major protocol upgrade, and increased investor engagement. With improvements to network security and functionality on the horizon and technical indicators remaining positive, the market appears well-positioned for further gains—assuming capital inflows persist.