LUNA surges 36.7% as Network Enhancement and Legal Progress Boost Confidence

LUNA Experiences Dramatic Price Jump Amid Terra Ecosystem Developments

On December 9, 2025, LUNA experienced a remarkable 36.7% surge within a single day, climbing to $0.1718. This impressive rally contributed to a 138.24% increase over the past week and a 144.18% gain in the last month. Despite these advances, LUNA’s value still sits 57.49% below its price from a year ago. The recent upswing has been largely attributed to notable events within the Terra ecosystem.

Technical Confidence Boosted by Major Network Upgrade

The Terra network recently underwent a significant v2.18 upgrade, with support from Binance. This update has been interpreted by market participants as evidence of ongoing innovation and institutional support. The upgrade is expected to lay the groundwork for LUNA’s future applications within the Terra ecosystem, strengthening technical optimism among investors. LUNA’s price has already surpassed a crucial resistance point, and technical indicators—along with heightened trading volume—are reinforcing the bullish outlook.

Legal Resolution Signals New Chapter for Terra

Looking ahead, the sentencing of Terra’s founder, Do Kwon, scheduled for December 11, is a key event. Kwon has admitted guilt in fraud charges stemming from the 2022 collapse of the Terra ecosystem, which wiped out nearly $40 billion in value. Many in the community view this legal closure as essential for restoring credibility and enabling the network to move forward. The anticipation surrounding this event has boosted investor confidence, with many seeing it as a turning point for the project’s reputation.

Market Sentiment and Future Prospects

LUNA’s recent price action reflects growing optimism about its evolving role in the cryptocurrency sector. The combination of the network upgrade and legal proceedings represents a dual effort to rebuild both trust and utility. While the current mood is positive, analysts caution that volatility may increase after the sentencing, especially in the short term.

Both individual and institutional investors have taken notice of LUNA’s momentum, with technical signals such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicating strong buying interest. If broader market conditions remain stable, these indicators suggest the potential for continued gains in the near future.