Unraveling the Recent Surge in LUNC: Why is Terra Classic price rising?
This digital asset has seen a staggering 28.59% 1 gain over the last 24 hours. Let's take a look at the Terra Classic price analysis.
Terra Classic (LUNC), the first chain of the once-collapsed Terra (LUNA) environment, has seen a noteworthy increment in esteem as of late. This digital asset has seen a staggering 28.59% 1 gain over the last 24 hours. Let’s take a look at the Terra Classic price analysis.
Terra Classic price: LUNC/USDT 1-day chart – TradingView
This sudden jump in the Terra Classic price is largely due to increased buying pressure. Buying pressure pushed LUNC’s market cap to a staggering $635.9 million, with more than $138 million poured into the token in a single day.
Terra Classic price: Increased trading volume
The remarkable rise in value of LUNC has made it one of the top cryptocurrencies in terms of trading volume. Notably, LUNC currently ranks 7th in spot market trading volume on Binance, further highlighting the increasing popularity of LUNC among investors.
Terra Classic price: Suggested upgrade to version 2.1.0
One of the key factors contributing to Terra Classic price was the long-awaited upgrade offer to version 2.1.0. Scheduled for release on June 14th, this upcoming upgrade will be his third major enhancement to Terra Classic blockchain.
The main purpose of this upgrade is to align Terra Classic with other blockchains such as Terra 2.0 and various Cosmos chains. This equivalence is intended to allow projects and developers to use Terra Classic Chains as a more viable option. The upgrade to version 2.1.0 aims to introduce many features and improvements. These include a minimum 5% fee for validators to incentivize fair rewards, Cosmwasm integration, and two security updates to improve the reliability and security of the platform.
Improvements and interoperability
In addition to these improvements, the upgrade includes other notable changes. One of those changes is the WasmVM upgrade, which aims to introduce multi-chain capabilities and expand the possibilities of Terra Classic. Once the upgrade is launched, it is expected to enhance interoperability between different Cosmos chains and further increase the utility of blockchain. Community engagement and support
Besides network upgrades, LUNC has also benefited from other community efforts such as excessive token writes aimed at improving network usability. At the same time, Terra Classic continues to receive ongoing support from well-known companies such as cryptocurrency exchange Binance.
This joint effort demonstrates the determination of the Terra Classic community to reclaim its place in the cryptocurrency market. Prominent financial experts such as Leo Smigel, the visionary behind Analyzing Alpha, are optimistic about the future of Terra Classic. These highlight the community’s efforts to revitalize the platform through a unique approach aimed at ensuring a seamless transition to growth.
Conclusion
The recent surge in Terra Classic (LUNC) prices is likely due to a combination of factors including increased purchasing pressure, increased transaction volume, anticipated upgrades, and community engagement. It remains to be seen what impact these factors will have on the future development of LUNC as the crypto market continues to evolve.
Do you want to trade LUNC? Click HERE to do so with eToro!
Prasanna Peshkar
Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.
Regular updates on Web3, NFTs, Bitcoin & Price forecasts.
Stay up to date with CryptoTicker.
November 17, 2025 8:32 PM
BREAKING: Bitcoin Crashes Below $92,000 — Entire Crypto Market Bleeds
Bitcoin just plunged under $92K, triggering a heavy market-wide selloff as every major crypto posts sharp 24h losses.
October 22, 2025 4:53 PM
Crypto Adoption Booms Worldwide — So Why Is the Market Still Down?
Global crypto adoption is accelerating with positive developments in regulation and institutional use. Yet prices are falling. Here’s why fundamentals and charts don’t always align.
November 20, 2025 4:33 PM
Should You Buy ZEC During the Market Crash? Here’s What’s Really Happening
Zcash is suddenly one of the best-performing coins while the crypto market collapses. Here’s why ZEC is pumping, how it reached Rank #12, and whether this is a real opportunity.
November 13, 2025 11:29 AM
Why XRP Is the Only Major Crypto in the Green Today
XRP is rising while Bitcoin, Ethereum, Solana, and other majors are sliding. Here’s why XRP is outperforming the entire market today.
November 11, 2025 10:25 AM
US Government Reopens After 41 Days – What It Means for Bitcoin, Crypto, and Global Markets
The US government reopens after a record 41-day shutdown. Rate cuts, QT ending, and new crypto laws could reshape markets—here’s what investors must know.
November 8, 2025 6:44 PM
Altcoins Oversold: Is This the Perfect Time to Buy?
Altcoins are deeply oversold as Bitcoin stabilizes near $100K. Here’s why the next reversal could mark the start of a massive recovery.
September 22, 2025 7:45 AM
Crypto Crash: How Low Can Bitcoin, Ethereum, and Altcoins Go?
The crypto market is facing a steep downturn, with Bitcoin, Ethereum, and major altcoins sliding hard. Is this just a correction — or the start of a deeper crash?
September 21, 2025 11:45 AM
Ethereum Price Prediction: ETH Might Break $5,000 as Institutions Accumulate
Ethereum’s Q4 track record is historically strong, and recent large-scale ETH purchases by Bitmine Digital may add fuel. Will ETH finally break $5,000 in 2025?
August 13, 2025 12:00 PM
Just In: $116B Added to Crypto Market Cap – ETH Breaks $4,600 as Altcoins Surge
The crypto market added over $116B in 24 hours, with Ethereum breaking $4,600. Altcoins post double-digit gains, hinting at a broader rally ahead.
August 1, 2025 10:04 PM
Crypto Market Crash: Bitcoin Dips Below $114K as Altcoins Bleed Harder
The crypto market lost over 3.2% in the past 24 hours, with Bitcoin breaking below $114,000 and altcoins like ADA, DOGE, and SOL suffering double-digit weekly losses.
July 31, 2025 7:43 PM
XRP Price Prediction: The $3 Support Might NOT Hold...Here's Why
XRP is hovering dangerously close to its critical $3 support level while Bitcoin continues to consolidate downward. What’s next for XRP and the broader crypto market?
July 21, 2025 5:00 AM
Cardano Price Prediction: ADA Finally Wakes Up After Bitcoin ATH
Cardano has been lagging — until now. While Bitcoin topped out weeks ago, ADA is just starting to move. What’s next for the ADA price?
November 21, 2025 11:07 AM
Crypto Crash: Bitcoin, Ethereum, XRP & More Crash Hard – What’s Next?
Crypto and stocks are tumbling as BTC nears $80K and market cap shrinks. We analyse BTC, ETH, XRP, SOL and more — and what could happen next.
November 17, 2025 8:55 PM
BREAKING: Ethereum Price Crashes Below $3,000 as Bitcoin Triggers Market Meltdown
Ethereum drops under $3,000 after Bitcoin’s fall below 92K. Chart signals deeper weakness as key support levels fail.
November 16, 2025 4:37 PM
Should You Buy Bitcoin Below $100K?
Bitcoin is trading below $100K again, raising one question: is this a buying opportunity or the start of a deeper crash toward $60K–$80K?
November 14, 2025 5:38 PM
XRP Price Prediction: Will the $2.20 Support Hold as Bitcoin Crashes?
XRP is once again rebounding from its critical $2.20 support level — but if Bitcoin keeps crashing toward $90,000, XRP could finally lose this floor and drop toward $2.
November 1, 2025 9:41 AM
It’s Over: 3 Reasons Why a Crypto Crash Is Happening
Bitcoin could drop below $100K soon. Here are three reasons pointing to the end of the bull market and the start of a new crypto correction.
November 1, 2025 9:05 AM
Crypto Market Performance: Why November Could Be the Next Big Month
Crypto markets have turned bullish again. Here’s why November 2025 could be another strong month for Bitcoin and altcoins.
October 30, 2025 12:41 PM
Analysts Warn of Potential XRP Price Crash Toward $2 as Market Sinks
XRP is showing weakness as the crypto market loses over 2.5% in a single day. Traders fear a deeper drop toward $2 if bearish momentum continues.
October 28, 2025 6:27 PM
Trick or Treat for Crypto News This Week?
This week’s top crypto news includes Solana’s new stablecoin, Microsoft’s OpenAI stake, Nvidia’s Nokia investment, and the Fed’s rate cut decision. Trick or treat for the markets?
October 21, 2025 4:27 PM
Bitcoin Surges Past $112,000 as the Fed Opens Doors to Crypto: What’s Next?
Bitcoin jumps above $112,000 after the U.S. Federal Reserve hinted at granting crypto firms access to its payment network. Here’s what this means for BTC and the broader market.
October 16, 2025 5:12 PM
Bitcoin Demand Plummets as Market Momentum Weakens — What’s Next for BTC Price?
Bitcoin demand has dropped sharply, signaling potential downside pressure. Here’s how the law of supply and demand may shape BTC’s next price move.
October 15, 2025 12:59 PM
DOGE Price Prediction 2025: Can DOGE Rebound Strongly After Recent Dip?
Will Dogecoin rise again? Explore the latest DOGE price prediction, support levels, and what 2025 could bring for DOGE investors.
September 21, 2025 12:45 PM
Fed Rate Cut Odds Surge: What It Means for Crypto Prices and Market Volatility
With Fed Chair Powell’s speech and key data ahead, crypto prices could see sharp swings. Odds of an October Fed rate cut hit 91.9%, setting the stage for a volatile week.
September 3, 2025 12:10 PM
Bitcoin Price Prediction: BTC Might NOT Hold $111K as Risk Looms...
Bitcoin is trading around $111K, testing key support levels. Will BTC reclaim $115K resistance or slide toward $100K and $75K? Let’s analyze.
More from CryptoTicker
June 5, 2023 2:18 PM
Bitcoin Price Crashes as Google Searches for Bitcoin dips to lowest levels
In recent studies, reports show that it has been observed that Crypto Google searches have been on a downward trajectory. Is Bitcoin dead?
June 5, 2023 4:57 PM
Are Cryptocurrencies Used for Drugs?
One of the most controversial points in the cryptocurrency discourse pertains to the question: Are cryptos used for drugs and illegal activities?
June 5, 2023 5:41 PM
Binance CEO Faces Legal Action from SEC on Alleged Securities Violations
The SEC has initiated legal action against Binance, one of the world's largest cryptocurrency exchange platforms, and its CEO Changpeng Zhao.
December 11, 2025 3:27 PM
Fed Cuts Rates to 3.5% - 3.75%: What It Means for Bitcoin and the Entire Crypto Market
The Fed just cut rates to 3.5%–3.75% as jobs cool and inflation stays sticky. Stocks held up, but Bitcoin fell below 90K. What’s next for crypto?
December 11, 2025 11:31 AM
Gemini Secures CFTC Approval
Gemini just won the CFTC’s approval to launch its own prediction market.
December 11, 2025 8:10 AM
Will Bitcoin Price Rise or Drop After the Fed’s Third Rate Cut?
Bitcoin holds steady near 90K as the Fed delivers its third straight rate cut but the market’s reaction is anything but clear.
December 11, 2025 6:16 PM
Crypto Exchange Comparison
Crypto Exchange Comparison - Find the best and safest crypto exchange for your needs
December 11, 2025 6:16 PM
Hardware Wallets
Latest hardware wallets for the best crypto exchanges
December 11, 2025 6:16 PM
Crypto Lending Comparison
Latest crypto lending comparison for the best crypto lending platforms
December 11, 2025 6:16 PM
Crypto Credit Cards Comparison
Latest crypto credit cards comparison for the best crypto credit cards
December 11, 2025 6:16 PM
Bitcoin News Today
Get the latest updates on Bitcoin price, market movements, and detailed Bitcoin price predictions.
December 11, 2025 6:16 PM
Ethereum News Today
Explore the latest updates on Ethereum price, market trends, and Ethereum price predictions.
December 11, 2025 6:16 PM
Solana News Today
Stay updated with the latest Solana price, market movements, and expert Solana price predictions.
December 11, 2025 6:16 PM
Dogecoin News Today
Discover the latest updates on Dogecoin price, trends, and Dogecoin price predictions.
December 11, 2025 6:16 PM
Shiba Inu News Today
Explore the latest Shiba Inu price updates, market trends, and detailed Shiba Inu price predictions.
December 11, 2025 6:16 PM
XRP News Today
Get the latest insights on XRP price, market shifts, and expert XRP price predictions.
December 11, 2025 6:16 PM
Cardano News Today
Get the latest insights on Cardano price, market shifts, and expert Cardano price predictions.
June 5, 2023 10:33 PM
Cryptos on Edge as SEC Hits Binance with Lawsuit! BTC CRASH to 20K?
The SEC has filed a lawsuit against Binance, the largest cryptocurrency exchange by trading volume. Will BTC crash to 20K?
December 10, 2025 2:08 PM
SpaceX’s Quiet $95M Bitcoin Transfer Hints at Big IPO Steps Ahead
SpaceX just shifted another $95 million in bitcoin, bringing its total recent movements to nearly a billion dollars.
June 6, 2023 7:47 AM
The Rollercoaster Journey of Yuga Labs: A Deep Dive into the APE Crash and its Aftermath
The Bored Ape Yacht Club (BAYC), created by Yuga Labs, was launched on the Ethereum blockchain in April 2021.
December 10, 2025 12:34 PM
Bitcoin Accumulation Heats Up: Political Buyers, ETH Breakout, and a Looming Short Squeeze Shape the Market
Political buyers load up on Bitcoin as ETH breaks out and a $1.5B short squeeze approaches. The crypto market may be preparing for its next major move.
June 6, 2023 9:33 AM
OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions
ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu […]
December 10, 2025 9:37 AM
Crypto Market News: Why Is the Crypto Market Up Today?
The global crypto market cap climbed 2.6% in the last 24 hours, hitting $3.12 trillion.
June 6, 2023 6:22 PM
Coinbase slammed with SEC Lawsuit right after Binance, what happened?
Coinbase Global, a leading cryptocurrency exchange, finds itself on the receiving end of a lawsuit filed by the U.S. SEC.
December 9, 2025 2:32 PM
Why is Zcash Price Up?
Zcash (ZEC) surged nearly 10% in 24 hours after Shielded Labs unveiled a new dynamic fee market proposal.
