LUNA Surges 46.57% as Terra Network Upgrade Sparks 1,379% Volume Jump and Investor Interest

Terra (LUNA) has seen a substantial price surge in the past 24 hours, with LUNAUSDT rising by 46.57% to $0.1111 on Binance. This spike is primarily attributed to anticipation surrounding the upcoming Terra network upgrade scheduled for December 8, 2025, which has led to increased market activity and a sharp rise in trading volume. Additionally, Binance has announced a temporary suspension of LUNA deposits and withdrawals during the upgrade to ensure a smooth transition, while trading will continue as normal. The asset has experienced heightened volatility and a dramatic 1,379% increase in 24-hour trading volume, reflecting strong bullish sentiment and significant investor interest ahead of the network event.