Terra Classic Network Shows Strong Activity with Continued LUNC Burns
The latest Terra Classic network statistics reveal another positive day for the ecosystem, highlighted by significant token burns, growing staking participation, and steady blockchain performance. According to the data shown in the image, the total LUNC supply has decreased to 6.455 trillion tokens, with 28,498,368 LUNC burned within the last 24 hours.
The ongoing reduction in circulating supply remains one of the most closely watched metrics within the Terra Classic community. Continuous burns help support the long-term goal of reducing the massive token supply inherited after the 2022 collapse, while strengthening confidence among long-term holders.
Another encouraging metric is the growth in staking participation. The network currently has 915.53 billion LUNC staked, representing 14.18% of the total supply. Over the past 24 hours, staking increased by 396.49 million LUNC, indicating that more community members are committing their tokens to secure the network and earn staking rewards.
Network Performance Remains Stable
Beyond burns and staking, Terra Classic continues to demonstrate solid blockchain activity. The network maintains an average block time of 5.94 seconds, ensuring efficient transaction processing and network reliability.
During the reporting period, Terra Classic processed 303,489 transactions, highlighting ongoing user engagement across wallets, decentralized applications, and ecosystem services.
Fee generation also remains healthy, with the network accruing:
- 23.31 million LUNC in transaction fees
- 17,787 USTC in fees
These figures reflect sustained on-chain activity and continued utilization of the Terra Classic blockchain.
Looking Ahead
As LUNC burns accelerate and staking participation grows, Terra Classic continues strengthening its fundamental metrics. Combined with ongoing ecosystem development, validator support, and community-led initiatives, these statistics reinforce the network’s commitment to long-term recovery and sustainable growth.