$LUNC $USTC 📰 Key news
#LUNC 1. The update of the V3.6.0 network of Terra Luna Classic was successfully completed on October 20, 2025.
The upgrade aims to improve interoperability with the Cosmos ecosystem.
Although the network operates "smoothly", the price of LUNC did not respond positively immediately, with a drop in volume.
2. The token burn program is still active: for example, over 37 million LUNC were reported burned recently.
However, even though the burn continues, the price faces selling signals and difficult ground for a quick rebound.
3. The major exchange Binance confirmed that it will support the network upgrade and temporarily suspend deposits and withdrawals of LUNC to facilitate the upgrade.
4. The eToro platform announced that it will discontinue support for LUNC (or keep it only as “close-only”) starting November 4, 2025, which affects its accessibility for many users.
5. There are recent community posts indicating some rebound in sentiment or certain hopes driven by burn and exchange support. For example, a recent post suggests that Binance is keeping its burn mechanism active for LUNC.
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✅ Implications and points of attention
Although the technical network has progressed (upgrade completed), the market has not yet reflected a strong positive effect on the price.
The token burn is a positive structural signal (lower supply potentially), but low trading volume and weak demand limit the immediate impact.
The loss of support from platforms like eToro may reduce liquidity or accessibility for some users, which could negatively affect sentiment.
Technical improvements and exchange support (e.g., Binance) are good news for the project in the long term, but real adoption and ecosystem functionality remain critical factors for LUNC to "take off".
#LUNC #Lunc2TheMoonSoon #LUNCUSD #luncburn