Terra Luna (LUNA) experienced a 29% surge in the past 24 hours, attributed to its v2.18 network upgrade, which significantly increased transaction volume to over $200 million. The market is also closely watching the upcoming court ruling for founder Do Kwon on December 11, which has heightened investor interest.
Additionally, the recent burning of 1.57 billion Terra Luna Classic (LUNC) tokens has positively impacted the ecosystem's sentiment. LUNA is currently trading around $0.1247, with analysts eyeing the $0.1276 to $0.1300 resistance levels for a potential rise to $0.1400.
Terra Luna Jumps 29% Following Network Upgrade and Founder Verdict Anticipation
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