LUNA Rises 53.49% Over 24 Hours as Network Upgrade Gains Traction
LUNA Token Experiences Major Price Surge
The LUNA token, which powers the Terra ecosystem, has soared by 53.49% in the past day, reaching a value of $0.2343 as of December 10, 2025. This impressive rise follows a 140.38% increase over the previous week and a 235.6% jump in the last month. Despite these recent gains, LUNA has still declined by 41.57% over the past year.
Factors Fueling the Rally
The recent momentum is attributed to a combination of positive on-chain data and technical analysis, with much attention focused on an upcoming network upgrade. Terra Luna Classic (LUNC), a related token, has also shown strong performance—climbing more than 22% this week. Additionally, open interest in LUNC derivatives has grown from $18.15 million to $25.55 million within three days, signaling increased investor participation and capital inflow.
Upcoming Network Upgrade as a Catalyst
A significant driver behind the bullish sentiment is the anticipated chain upgrade. On Sunday, Terra Classic developers introduced the terrad v3.6.1 software update, which resolves longstanding contract issues and updates dependencies. The planned v13_1 upgrade, set for block 26,479,000 around December 18, aims to strengthen the network’s security and stability. This upgrade has already been tested on the rebel-2 testnet, and a rollback mechanism is in place to address any potential mainnet issues.
The Terra community has responded positively, with notable spikes in on-chain inflows, reflecting renewed confidence and increased investment activity within the ecosystem.
Technical Analysis: LUNC’s Bullish Structure
From a technical perspective, LUNC is displaying a strong upward trend. On the weekly chart, the token is trading above the 50-week exponential moving average (EMA) at $0.000056 and remains within a falling wedge formation. The relative strength index (RSI) is at 56, indicating positive momentum, while the MACD has produced a bullish crossover. Analysts suggest that if LUNC closes above $0.000056, it could target the $0.000098 level.
On the daily timeframe, LUNC found support near the 61.8% Fibonacci retracement at $0.000047 on Monday, then rallied by 22% the next day. The RSI has reached 71, highlighting strong buying pressure, and the expanding MACD histogram supports the ongoing uptrend. Sustained movement above $0.000061 could see LUNC challenge the December 6 peak at $0.000081, while a reversal may test support at $0.000047.
Broader Impact on the Terra Ecosystem
The anticipation surrounding the upgrade is benefiting the entire LUNA ecosystem. While LUNA remains the flagship token, the Terra Classic upgrade underscores ongoing development efforts across the network. These initiatives, which focus on enhancing security and scalability, align with the growing investor emphasis on robust and resilient blockchain protocols.
Outlook and Recommendations
Market analysts believe the current bullish momentum could persist, especially if the network upgrade proceeds smoothly. The combination of favorable technical signals, strong on-chain activity, and active community involvement are seen as key factors supporting further price growth. Investors are encouraged to keep an eye on critical price levels and monitor the progress of the upgrade for potential trading opportunities.
