Terra Luna Classic (LUNC) Jumps Over 40% as Cryptic Shirt Reignites Revival Talks

LUNC, the native token of the Terra protocol, has seen a remarkable surge in its price. According to CoinGecko, LUNC is trading at $0.00004099, up over 44% in the last 24 hours. The latest surge came as a cryptic shirt reignited a discussion around the project.

Precisely, during the ongoing Binance Blockchain Week, Coindesk journalist Ian Alisson wore an old LUNA T-shirt while moderating a panel on the future of digital payments. Evidently, the LUNC community took note of the development and perhaps speculated that something notable about the project would be revealed during the panel. 

Even though nothing of that sort materialized, the cryptocurrency still saw a decent increase in price.

Blockchain Accelerates the Future of Digital Payments

The Binance Blockchain Week discussion focused on the future of digital payments and how blockchain is positively influencing the space much faster than anticipated, making transactions and payments easier. 

The panel itself had an impressive lineup, bringing together leading voices and executives in blockchain payments. Reece Merrick from Ripple joined Christian Rau of Mastercard and Nikola Plecas from TON. They discussed how the world is aggressively adopting crypto assets in recent times.  

Christian Rau, Senior Vice President of Digital Assets and Blockchain at Mastercard, highlighted how quickly the payments landscape is changing. He noted that mobile payments were considered innovative about 10 years ago, but are now part of everyday life. 

Rau added that digital assets are becoming important for the next generation, not just as investment tools but also for spending and borrowing. According to him, this shift is big enough to change how societies operate, and companies need to prepare for what’s ahead. 

Reece Merrick from Ripple shared a similar view. He reflected on how early conversations about crypto and stablecoins were often uncomfortable and uncertain, especially in Europe. 

Fast forward to today, and the environment is entirely different. Merrick further explained that having a crypto asset strategy is now expected for banks and large institutions. This shows a remarkable advancement in the industry and in evolution over a short time, driven by aggressive adoption.  

LUNC Shows Strength Despite Market Downturn  

While a T-shirt alone cannot define a project’s future, it shows that the crypto space thrives on the unexpected. The industry’s big players are openly deliberating how crypto assets are impacting the financial systems. This makes it a lot easier for older projects like LUNC to re-enter discussions. This happens especially when the market feels momentum building. 

Meanwhile, despite the current market decline, LUNC has had four consecutive green days in price. It has traded 46.2% in the last few days and more than 53.2% in the previous two weeks. 

The post Terra Luna Classic (LUNC) Jumps Over 40% as Cryptic Shirt Reignites Revival Talks appeared first on CoinTab News.