🌖 $1.3B Settlement Approved for 3AC Claims

A U.S. bankruptcy court recently approved a $1.3 billion settlement between Terraform Labs and the defunct hedge fund Three Arrows Capital. The settlement classifies 3AC’s losses as “Crypto Loss Claims,” aligning them with the claims of other Terra investors. This legal resolution reduces uncertainty around old liabilities. However, it likely won’t trigger immediate price moves — much depends on how funds are distributed and what remains of value in the estate. Still, it’s a major step toward closing Terra’s long legal saga.

🌖 LUNC Burn Totals Surge Past 420 Billion

Terra Luna Classic (LUNC) has now burned over 420.88 billion tokens since May 2022. In the past 7 days alone, the on-chain burn reached ~733.8 million LUNC. These burn numbers illustrate the community’s sustained effort to reduce supply. That said, circulating supply still exceeds 6.48 trillion LUNC, so the effect is gradual. The burn campaign remains one of the more consistent supporting narratives for LUNC.

🌖 LUNA Price Rebounds Above $0.13

On October 9–10, LUNA / USDT staged a rebound, reaching a high of $0.1362 after dipping to $0.1314. Volume increased sharply during the move, and price briefly broke above the upper Bollinger Band. A bullish engulfing candle formed around the $0.1333–$0.1345 zone, suggesting short-term buying strength. Technicals remain mixed, so sustainability will depend on follow-through and macro trends.

🌖Binance Conducts 5th Monthly LUNC Burn

Binance carried out its fifth LUNC burn this month, sending over 24,853 tokens to the burn address. Cumulatively, Binance has burnt ~498.6 million LUNC this month. The exchange’s burning efforts now account for a significant share of community burns. However, the impact is modest relative to the total supply, and LUNC’s price is still under pressure. The community continues to press for more aggressive burns.

🌖 LUNC Price Consolidates Amid Rising Burn Rate

LUNC is holding a support zone near $0.000060, while the weekly burn rate has accelerated. The token has shed over 66% from its December high, and momentum is fragile. Many holders see the increased burn as a sign of commitment, but price remains sideways. Community votes and burn policies are now under the spotlight for direction.

🌖 Court-ordered LUNC Burns as Part of Settlement

As part of its settlement with the U.S. SEC, Terraform Labs must conduct court-ordered LUNC burns. If the burns are not completed by the deadline, the firm faces fines. Part of the mandate includes destroying or relinquishing private keys to wallets in possession of LUNC. This legal obligation adds a binding mechanism to earlier voluntary burn efforts. Observers see it as elevating burns from community initiative to compliance requirement.

🌖 LUNC Could Surge 300% if Burn Rate Holds
Some analysts argue that if the burn rate remains elevated, LUNC has the theoretical potential to rally up to 300%. The network burned ~382.4 million LUNC in the past 7 days, bringing total burns past 403 billion tokens. However, they caution that such upside depends on sustaining demand amid a massive current supply. Success hinges on whether burn momentum can outpace selling pressure.

🌖 Technical Prediction: LUNC Max at $0.0000808 in 2025

Forecasts for LUNC suggest a potential cap of $0.0000808 in 2025 under optimistic conditions. Some models flirt with targets as high as $0.000267, but those rely on aggressive burns and renewed demand. The baselines tend to stay modest unless underlying utility or momentum changes. As always, forecasted caps should be taken with strong caveats, especially with hyperinflated tokens.

🌖 Over 2 Billion LUNC & USTC Burned Recently

Recent on-chain activity shows that over 2 billion LUNC + USTC were burned in a concerted deflation push. The move signals that the Terra community is still actively trying to reduce supply and reinvigorate the Classic ecosystem. While significant, these burns are a drop in the ocean compared to the trillions in circulation. Price response has been muted so far.

🌖 Terraform Assets Settlement Pushes Legal Closure

The settlement with 3AC and ongoing court-mandated burns reflect Terraform Labs’ attempt to clean up legacy issues. The $1.3B deal removes a major liability that hovered over the network. Legal finality may improve investor sentiment over time. But execution and distribution of funds will be critical in how much this helps LUNA & LUNC. The next few quarters may test whether legal resolutions translate into market faith.

🌖 LUNCH Burn Tracker Remains Key Metric

The LUNC burn tracker now reports daily burns and real-time statistics used by traders. As of this week, the seven-day burn exceeded 700+ million LUNC. That makes the tracker a core dashboard for many in the community. Movements in burn rate often influence short-term price sentiment. Consistency in burns may become more important than headline news.

🌖 LUNC Governance & Burn Policy Debates Intensify

Within the Terra Classic community, debates are heating up over raising the transaction burn tax or introducing supplementary burn mechanisms. Some voices push for a jump from 0.5% to 1.5% tax on transactions. Others argue that tax hikes may deter usage and reduce activity. Votes and proposals are expected to define the next stage of LUNC’s revival. Gov decisions now carry outsized influence on token trajectory.

🌖 LUNC Burn Total Surpasses 421 Billion Tokens

The Terra Classic (LUNC) community has now officially burned more than 421 billion tokens since May 2022. Over 700 million LUNC were destroyed just in the past week, marking one of the strongest burn periods this quarter. Despite the massive figure, the circulating supply remains above 6.48 trillion, meaning price impact is still gradual. The burn movement continues to be a central part of the community’s revival strategy. Supporters say persistence is the key to long-term recovery.

🌖 Binance Executes Latest Monthly LUNC Burn

Binance has completed another scheduled burn, sending millions of LUNC tokens to the burn address as part of its monthly commitment. The exchange has now burned nearly half a billion tokens this month alone. While the total burn amount remains small compared to total supply, Binance’s ongoing participation reinforces trust among traders. The community is pushing for more centralized exchanges to follow Binance’s example. This continues to be a driving force behind LUNC’s deflation narrative.

🌖 Terra LUNA Price Rebounds After Brief Downtrend

LUNA saw a notable recovery this week, bouncing from $0.131 to $0.136 amid a wider crypto rebound. Increased trading volume and improved market sentiment contributed to the short-term rise. Technical indicators suggest possible stabilization around $0.133. However, analysts remain cautious as broader market conditions stay volatile. A sustained push above $0.14 could confirm bullish continuation.