Terra Classic's price rose to $0.000086 after Terra announced the permanent closure of the Shuttle Bridge and token burn.
LUNC price has seen a market rebound, increasing over 30% in the past year. Investors are more confident, although the market is now consolidating. Terraform's reopening of the Shuttle Bridge has also boosted LUNC's price.
The bankruptcy court has approved crucial actions for Terraform Lab, including reopening the Shuttle Bridge for wrapped asset redemptions and planning to burn a large amount of LUNA tokens.
