LUNC trading volume spikes as price surges

Volume Jumps 90% in 24 Hours

Terra Luna Classic ($LUNC) is drawing renewed attention after a sharp uptick in trading activity over the past 24 hours. According to CoinMarketCap, the token's daily trading volume surged roughly 90%, climbing from $9.8 million to more than $18 million in a single session.

The move was broad-based across venues. Binance remains the dominant exchange for $LUNC, where the most active trading pair is LUNC/USDT. Activity on @Binance, GroveX, and LBank collectively led the volume spike, coinciding with a price gain of close to 10% over the same period. LUNC's trading activity is frequently driven by its listing on major centralised exchanges, its low nominal price attracting retail participants, and an organised community that generates engagement spikes through governance proposals and burn announcements.

Whale Interest and Year-to-Date Performance

The sudden volume increase has prompted speculation that larger holders are returning to the token. $LUNC is also up 22.8% on a year-to-date basis, suggesting the latest move is part of a broader recovery rather than an isolated spike.

In 2026, LUNC has behaved more like a sentiment-driven token than one moved by traditional blockchain fundamentals, meaning news about exchange burn events or governance developments can cause trading volumes to spike sharply in a short space of time. High relative volume often reflects speculative short-term trading rather than long-term accumulation, a pattern that has been a recurring feature of the token throughout its post-collapse trading history.

$LUNC, previously known as LUNA, is the original token of the Terra blockchain, renamed Terra Classic after governance proposal 1623 following the UST depegging event. The circulating supply of LUNC currently stands at approximately 5.52 trillion tokens. The community has maintained an ongoing token burn initiative since mid-2022, though the impact on total supply remains limited given the scale of tokens in circulation.

CoinMarketCap: Terra Classic (LUNC) Price and Volume | CoinGecko: Terra Luna Classic Market Data | Bybit: LUNC Live Price and Market Cap