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Daily USTC Burns Show Strong Momentum with Over 139,000 Average per Day

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Daily USTC Burns Show Strong Momentum with Over 139,000 Average per Day

Daily USTC Burns Show Strong Momentum with Over 139,000 Average per Day

The Terra Classic community continues to demonstrate steady commitment to reducing the USTC supply. Based on the latest data from December 1 to December 10, the network has recorded 1,392,478 USTC burned, averaging 139,248 USTC per day.

This consistent activity highlights strong community participation and signals renewed confidence in long-term recovery efforts.

December Daily USTC Burn Table

Month Date USTC Burn
December 1 15068
December 2 14622
December 3 44933
December 4 189151
December 5 157437
December 6 603331
December 7 135725
December 8 51193
December 9 18630
December 10 162388
Total 1,392,478
Average 139,248

The spike on December 6, surpassing 600,000 USTC, contributed significantly to the monthly accumulation. Despite varying day-to-day volume, the overall average burn remains strong.

As burn initiatives continue, USTC’s path toward supply stabilization remains a central focus for the Terra Classic community.

LUNC Burn Surpasses 2.6 Billion in Ten Days as December Activity Accelerates

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LUNC Burn Surpasses 2.6 Billion in Ten Days as December Activity Accelerates

LUNC Burn Surpasses 2.6 Billion in Ten Days

The Terra Classic community has recorded significant burn activity at the start of December, with more than 2.6 billion LUNC removed from circulation in just ten days. This strong momentum highlights ongoing community participation and the growing commitment to reducing supply.

December LUNC Burn Recap

Month Date LUNC Burn
December 1 602,506,463
December 2 40,982,656
December 3 76,774,565
December 4 57,034,202
December 5 691,616,593
December 6 308,917,077
December 7 275,683,055
December 8 125,661,572
December 9 226,866,684
December 10 234,059,483
Total 2,640,102,350

The continued burn activity reflects the community’s ongoing effort to strengthen the tokenomics of Terra Classic. Sustaining this pace would contribute significantly to long term supply reduction and ecosystem recovery.

Only 1 Day Before Do Kwon’s Sentencing, LUNC Price Continues to Rise as CZ Predicts a Crypto Supercycle

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Only 1 Day Before Do Kwon’s Sentencing, LUNC Price Continues to Rise as CZ Predicts a Crypto Supercycle

One Day Before Do Kwon’s Sentencing, LUNC Price Continues to Rise as CZ Predicts a Crypto Supercycle

With only one day remaining before Do Kwon’s sentencing on December 11, the price of Terra Classic (LUNC) continues to climb. At the same time, Binance founder Changpeng Zhao (CZ) stated that a crypto supercycle may be approaching. This timing has raised questions about whether these developments are connected or simply coincidental.

At first glance, it seems like coincidence. However, a closer look at recent market activity shows several factors supporting LUNC’s upward trend as the sentencing date approaches.

In our previous article, we highlighted several events that appeared to align with the growing interest in LUNC.

Click here:



Recent Events Influencing LUNC Momentum

  • A CoinDesk reporter appeared on stage at Binance Blockchain Week Dubai wearing a T shirt featuring the LUNC logo, which quickly went viral.
  • LUNC price increased by 135 percent even as Bitcoin was declining.
  • LUNC trading volume surged by more than 1000 percent, indicating strong trader activity.
  • Aster DEX listed LUNC on its platform, increasing accessibility and visibility.
  • LUNC became a trending topic across multiple crypto platforms due to rising community discussion.

Market Significance

These developments continue to unfold just before Do Kwon’s sentencing, suggesting that market sentiment and speculation are playing a strong role in LUNC’s performance. Combined with CZ’s recent comments about a possible crypto supercycle, the environment surrounding Terra Classic may continue to influence price movement in the near term.

The crypto community now awaits both the court decision and the market response as this pivotal moment approaches.

Strong Momentum as Over 1.2 Million USTC Burned in the Last Ten Days

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Strong Momentum as Over 1.2 Million USTC Burned in the Last Ten Days

Strong Momentum as Over 1.2 Million USTC Burned in the Last Ten Days

The Terra Classic community continues to show strong commitment to stabilizing USTC through consistent daily burns. Over the last ten days, a total of 1272198 USTC has been burned, reflecting ongoing support from contributors and validators.

The burn activity throughout early December demonstrates a steady pace, with several days showing significant contributions. Below is the complete recap of the daily burn amounts recorded from December 1 to December 10, with the tenth day still ongoing.

USTC Daily Burn Recap for December

Month Date USTC Burn
December 1 15068
December 2 14622
December 3 44933
December 4 189151
December 5 157437
December 6 603331
December 7 135725
December 8 51193
December 9 18630
December 10 42108

Total USTC Burned: 1272198

Note: December 10 is not final yet.

The continued burn effort supports the long term objective of reducing excess supply and helping USTC stabilize over time.

LUNC Burn Surpasses 2.5 Billion in the Last 10 Days

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LUNC Burn Surpasses 2.5 Billion in the Last 10 Days

LUNC Burn Surpasses 2.5 Billion in the Last 10 Days

The Terra Classic community has made significant progress in reducing the circulating supply of LUNC. In the past ten days, more than 2.5 billion LUNC have been burned, showing strong activity from both community members and supporting platforms.

Daily burn data indicates consistent participation, with several days recording notably high burn volumes. The trend reflects growing engagement in the burn initiative.

Daily LUNC Burn Recap

Month Date LUNC Burned
December 1 602,506,463
December 2 40,982,656
December 3 76,774,565
December 4 57,034,202
December 5 691,616,593
December 6 308,917,077
December 7 275,683,055
December 8 125,661,572
December 9 226,866,684
December 10 105,888,032
Total 2,511,930,899

December 10 data is not yet final.

With more than 2.5 billion LUNC burned in ten days, the community continues to build momentum toward long-term supply reduction and the broader revitalization of the Terra Classic ecosystem.

LUNC Price Analysis: 24-Hour Market Performance

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LUNC Price Analysis: 24-Hour Market Performance

Over the past 24 hours, LUNC has shown a pattern of steady oscillation, reflecting a market driven by short-term trading momentum and cautious investor sentiment. The price began near the $0.0000587 level and quickly entered a phase of upward movement, forming several intraday peaks. These early surges suggest active buy pressure and speculative interest during the first half of the chart.

Mid-session, LUNC experienced a notable spike, reaching one of the day’s highest points before encountering resistance. This was followed by a corrective dip as traders likely took profits, bringing the price back toward its average range. Despite the retracement, LUNC maintained overall stability and avoided deeper declines, signaling underlying market confidence.

As the session progressed into the later hours, the chart shows repeated cycles of gradual recovery and consolidation, with the price forming higher lows on several occasions. This indicates that buyers consistently stepped in to support the token during temporary pullbacks.

In the final part of the chart, LUNC once again climbed, returning to around the $0.000064–$0.000066 range. This rebound highlights improving bullish sentiment and positions the token for potential continuation if buying pressure remains strong.

Overall, LUNC’s 24-hour performance reflects healthy volatility and resilient market support.

This Proposal Will Deliver a Series of Fixes and Performance Enhancements on LUNC

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This Proposal Will Deliver a Series of Fixes and Performance Enhancements on LUNC

Network Upgrade to v3.6.1: What Validators and the Community Need to Know

The Terra Classic network is preparing for an upgrade to version v3.6.1. This proposal requests validator and community approval to implement fixes and performance improvements, including a legacy contract repair that strengthens overall network stability.

If approved, the chain will halt automatically at block height 26479000, estimated for 18 December 2025 at 15:10 UTC. The exact time will depend on block speed. After the halt, validators will install the updated terrad client and resume operations.

Purpose of the Upgrade

The v3.6.1 update introduces improvements focused on network stability, compatibility, and performance. The upgrade is tagged v13_1 and must be applied at the specified block height to maintain consensus.

Upgrade Process for Validators

Validators must perform the upgrade only after the chain halts at the designated block height.

Fresh Installation

git clone https://github.com/classic-terra/core core-v3.6.1
cd core-v3.6.1
git checkout v3.6.1
make build && make install

Updating an Existing Repository

cd core
git stash
git fetch --all
git fetch --tags
git checkout v3.6.1
make build && make install

Verification:

terrad version
v3.6.1

After installation, restart the terrad client or system service and allow it to reach consensus.

Instructions for Infrastructure Providers

Providers using Mantlemint accelerated LCDs should build and install the updated Mantlemint version after the upgrade height is reached. The updated release is available in the v3.6.1 repository.

Testing and Rollback Plan

A release candidate of v3.6.1 was tested on the rebel-2 testnet on 25 November. If the mainnet cannot produce blocks after the upgrade, the upgrade name v13_1 can be applied to version v3.6.0. Validators may need to roll back to a previous state and install a patched v3.6.1 release.

Is Do Kwon Still Connected to LUNC?

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Is Do Kwon Still Connected to LUNC?

Is Do Kwon Still Connected to LUNC? Understanding the Difference Between Connection and Impact

Many members of the LUNC community often ask whether Do Kwon is still connected to LUNC. Some argue that he no longer has any involvement and that the chain is fully operated by community governance. To answer this question clearly, it is important to separate two concepts: connection and impact.

Do Kwon was the founder of the original Terra blockchain before its collapse. After the crash, the chain was rebranded and handed over to the community. From this perspective, Do Kwon was once connected to LUNC, but the governance model that replaced him means that the connection no longer exists today.

However, his ongoing legal case still creates an impact. As the public figure associated with the chain’s early history, events involving him continue to influence market sentiment and media coverage. Impact does not mean connection. It simply reflects how past events can continue to shape perceptions.

A good example is the previous decision where Terraform Labs burned all of its LUNC and USTC holdings. This showed that even without an active connection, actions related to the founder or the former organization can still have an effect. The same applies to Do Kwon. His situation has influence, but there is no operational connection.

1. LUNC Gains Full Separation From Do Kwon

Although Do Kwon will always remain part of LUNC’s early history, his sentencing marks a clear end to the legal issues surrounding him. With no active founder related concerns, LUNC stands as a fully community operated blockchain with a clean identity and independent governance.

2. Media Will Stop Linking LUNC to Court Proceedings

For years, global media connected every update about Do Kwon to Luna or Terra. Once the legal process concludes, this repeated association will begin to fade. LUNC will be evaluated based on its governance, ecosystem progress, and development activity rather than court events from the past.

3. Less Legal Overhang for Exchanges and Partners

The conclusion of trials and investigations removes a significant source of perceived risk. Exchanges and service providers prefer supporting ecosystems without ongoing legal uncertainty. With the legal cloud gone, LUNC becomes a safer and more stable chain from a compliance and operational standpoint.

4. A Clear and Professional Ecosystem Identity

LUNC can finally present itself without distraction. The message becomes simple. LUNC was originally created under Do Kwon, but it is now operated, governed, and advanced by the global community. With no new legal developments drawing attention back to the founder, LUNC gains a more confident and credible public identity.

5. More Companies Can Build Without Legal Concerns

The end of the case removes uncertainty about future legal complications. This creates a stronger environment for developers, partners, and businesses to build on LUNC with confidence. It opens the door for new applications, integrations, utilities, and long term ecosystem growth.

With the legal chapter closing, LUNC becomes more attractive to builders. This encourages innovation, stability, and continued expansion of the ecosystem.

Evaluating the Proposal to Designate Agora as the Official Forum for Terra Classic

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Evaluating the Proposal to Designate Agora as the Official Forum for Terra Classic

The Terra Classic community is reviewing a proposal to designate Agora, the Discourse based forum operated by Lunc Goblins, as the official governance and discussion platform for the ecosystem. This change would replace the current platform, Commonwealth, with the goal of solving long term accessibility issues, improving decentralization, and strengthening community participation.

The proposal argues that a shift to Agora aligns more closely with Terra Classic’s core principles of open, inclusive, and resilient governance. Below is a balanced breakdown of the advantages and disadvantages of this transition.

Pros

1. Resolves Accessibility Issues on Commonwealth

Commonwealth has experienced persistent regional restrictions and login failures. Migrating to Agora removes these barriers and allows global participants to engage without VPNs or technical workarounds.

2. Strengthens Decentralization

Agora is run by the community rather than a corporate platform. Reducing reliance on a third party improves decentralization and reduces the risk of external control or censorship.

3. Encourages Higher Participation and Activity

Agora already supports active governance discussions and community collaboration. With easier access, the platform can attract more contributors and increase the diversity of voices in decision making.

4. Better Alignment With Terra Classic Values

The ecosystem prioritizes decentralization and community driven governance. Agora offers transparent moderation and open discussion that reflect these principles.

5. No Cost to the Community

The transition requires no funding. Moderators and the Lunc Goblins team contribute their time and support on a volunteer basis.

6. Organized Migration Plan

The proposal includes guides, onboarding assistance, and a volunteer group to manage the transition. This structured plan is designed to reduce confusion during the move.

7. Built in Evaluation Process

Quarterly reviews will allow the community to assess performance, propose improvements, and vote on major adjustments as needed.

Cons

1. Reliance on a Volunteer Operated Platform

Agora is maintained by community volunteers rather than a large organization. Limited manpower could slow technical responses or platform maintenance.

2. Learning Curve for Existing Users

Members familiar with Commonwealth may require time to adjust to the Discourse based interface. Some may initially find the new platform unfamiliar.

3. Concerns About Potential Bias

A platform operated by a specific group can raise concerns about influence or favoritism, even with transparent processes in place.

4. Risk of Fragmentation During Transition

Some users may continue using Commonwealth out of habit, creating temporary fragmentation. Consistent communication will be needed to ensure the community unifies on a single platform.

5. Long Term Technical Sustainability

Volunteer infrastructure may be challenged if server costs or maintenance needs increase. The platform’s long term stability depends on continued community support.

6. Moderation Challenges

As participation grows, maintaining consistent and fair moderation becomes more demanding. Disagreements over moderation decisions may occur even with clear rules.

Only 3 Days Before Do Kwon’s Sentencing, LUNC Trends as Price and Volume Surge

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Only 3 Days Before Do Kwon’s Sentencing, LUNC Trends as Price and Volume Surge

Three Days Before Do Kwon’s Sentencing, LUNC Trends as Price and Volume Surge

Three days before Do Kwon’s sentencing, Terra Classic (LUNC) is getting a lot of attention in the crypto community. Many people are talking about LUNC because several important events happened at the same time. These events helped bring attention back to the project.

Here are the important events happening as the case moves closer to the final decision:

  1. At Binance Blockchain Week in Dubai, a CoinDesk reporter went on stage wearing a T shirt with the LUNC logo. This moment became viral in the crypto community.

    CoinDesk reporter wearing LUNC shirt on stage in Dubai

  2. LUNC price increased by 135%, even while Bitcoin’s price was falling.

    Chart showing LUNC price spike

  3. LUNC trading volume rose by more than 1,000%, showing strong interest from traders.

    Graph showing LUNC trading volume increase

  4. Aster DEX announced that it has listed LUNC on its platform, giving the token more exposure.

    Aster DEX listing announcement for LUNC

  5. LUNC became a trending topic in the crypto community as discussions increased across platforms.

    LUNC trending topic on X

Some influencers say that Do Kwon’s situation does not affect LUNC. However, when we look at all these events happening at the same time, it is clear they are connected. This makes it important for community members and investors to follow information that comes from reliable sources.

Recently, many posts appear that aim only to get attention and have no clear evidence. These posts often ask readers to trust them without showing sources. It is better to avoid content that has no proper sources.

As December 11 comes closer, the whole crypto community is watching LUNC closely.

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