Key Highlights:
- Terra’s $LUNA token is up by more than 40% today, December 11, 2025.
- Do Kwon’s U.S. sentencing has gathered attention and uncertainty towards Terra’s future.
- The Terra Chain v2.18 upgrade has enhanced security and gathered Binance support.
Terra (LUNA) is suddenly getting a lot of attention as the token has managed to jump by more than 40% today, December 11, 2025. This is happening right before its founder Do Kwon faces sentencing in the U.S. The investors as of now are reacting to a great mix of things, the legal case, a new upgrade to the Terra network and some burn plans. All of these factors are causing the price to swing more than usual.
At press time, the price of LUNA token stands at $0.2144 with a surge of 42.05% in the last 24-hours as per CoinMarketCap.
Do Kwon Sentencing Sparks Volatility and Speculation
Do Kwon’s upcoming U.S. sentencing (scheduled for today, December 11, 2025) has managed to get some strong reactions within the crypto market. Prosecutors want him to serve more than 12 years for fraud that was connected to Terra’s massive 2022 collapse, while his lawyers, on the other hand, are asking for a five-year sentence.
This court decision has pulled Terra back into the spotlight. For some people, the sentencing feels like a chance to finally close the chapter on Terra’s messy past so the project can now move forward without so much uncertainty. But others worry that if Kwon gets a very harsh sentence, regulators may scrutinize projects similar to Terra, which could hurt market sentiment.
The big thing to watch is what Kwon’s lawyers or Terra’s current developers say after the verdict. Any comments about new plans, changes in direction, or updates to Terra’s roadmap could quickly influence how traders react.
Terra Chain v2.18 Upgrade Bolsters Confidence
Moreover, the Terra Chain got a major update on December 8, with its move to version 2.18. This upgrade made the network much faster, safer and fixed several problems that had been troubling Terra since its crash.
Binance has also paused LUNA withdrawals during the upgrade, which shows that even big exchanges are actively involved. Since Binance handles a large part of all LUNA trading, its support gives Terra an important boost in credibility.
With a refined system and a strong exchange backing, this upgrade likely drew in traders looking for fresh opportunities.
Broader Ecosystem Movements: LUNC and USTC
Terra Luna Classic (LUNC) and Its stablecoin TerraClassicUSD (USTC) also experienced surges and are trading near $0.000062 and $0.01 respectively. Many of the traders returned so that they could keep the ecosystem up and running.
Moreover, a new network proposal (version 3.6.1) was approved recently with 99% support from the validators. The update is said to go live somewhere around December 18.
With this upgrade, the project will fix small contract issues, increase the security and make Terra Lunna Classic work in a better manner with the Cosmos ecosystem.
Looking Ahead: Key Dates and Market Sentiments
Many of the traders might now be closely paying attention to Binance because it handles the biggest share of LUNA trading, this fuels its routine monthly LUNC burns, which is next scheduled for January 1, 2025, using December trading fees. These ongoing burns are responsible for contributing to community supply reduction efforts.
However, the biggest moment right now is Do Kwon’s sentencing in the U.S. The sentencing will affect how does the community move forward, if the ruling is clear, it will help developers but if the ruling comes out to be a harsh one, it could create uncertainty around Terra’s future.
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