The latest on-chain metrics for Terra Classic (LUNC) reveal a network that continues to evolve with steady improvements in key fundamentals. According to the latest dashboard data, the total LUNC supply currently stands at approximately 6.45 trillion, with a noticeable daily decrease of over 33 million tokens. This ongoing reduction highlights the effectiveness of the community-driven burn mechanism, which remains a central pillar in LUNC’s long-term value strategy.
Meanwhile, USTC supply is recorded at just over 6.08 billion, also experiencing a slight decline. This suggests a controlled contraction in circulating supply, aligning with broader ecosystem stabilization efforts. Supply reduction across both assets signals a commitment to restoring balance within the Terra Classic ecosystem.
Staking activity remains a strong indicator of investor confidence. With over 892 billion LUNC staked—representing 13.81% of total supply—the network demonstrates solid participation from long-term holders. Although there has been a minor decrease in staked volume, the overall percentage remains robust, reinforcing the network’s security and decentralization.
In terms of performance, Terra Classic maintains a fast average block time of 5.91 seconds, ensuring efficient transaction processing. The network has processed nearly 300,000 transactions, showcasing consistent usage and engagement. Additionally, total transaction fees accrued exceed 27.5 million LUNC, alongside 18,665 USTC, reflecting growing economic activity within the ecosystem.
Overall, these metrics paint a cautiously optimistic picture for Terra Classic. Continued supply reduction, stable staking participation, and active network usage suggest that LUNC is steadily building momentum, attracting both traders and long-term investors in the evolving crypto landscape.