Investment
Features
FeesSafety
Academy
More
Pluang+

Binance burns 334M LUNC tokens; Guarda wallet adds LUNC support, boosting adoption and price.

Protocol Fundamentals
01 Sep 2026
Dailycoin
View Source
Bullish
pluang ai news

Binance has burned 334 million Terra Luna Classic (LUNC) tokens, pushing total burns close to 90 billion, as part of ongoing deflation efforts to reduce supply. Despite these burns, LUNC's trading volume remains low after recent network upgrades. However, adoption received a boost when Guarda wallet integrated LUNC, allowing holders to securely store their tokens. Binance also resumed LUNC deposits and withdrawals, helping revive trading activity and causing LUNC's price to rise about 1%. These developments signal gradual ecosystem improvement and potential for further growth.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App