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Token Burn
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LUNC Price Once Soared Significantly: An Analysis of Multiple Factors Behind the Terra Classic Token's Rise
Between April and May 2026, the Terra Classic (LUNC) token price experienced a significant surge, attracting widespread market attention. This rally was primarily driven by a combination of factors, including the ongoing token burn activities by Binance and the Terra Classic ecosystem, which effectively reduced the circulating supply; community-driven network upgrade proposals aimed at restoring chain functionality and rebuilding confidence; and a surge in trading volume and derivatives open interest, reflecting a return of short-term speculative interest. Additionally, the settlement between Terraform Labs and the SEC, its token burn plan, and the gradual decoupling of LUNC's price movements from LUNA/USTC were also seen as removing some market uncertainties, collectively contributing to this upward trend.
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Hyperliquid incurred $1.4 million in fees and burned 20,600 HYPE tokens over the past day
Svmuu News: Onchain Lens posted on X that Hyperliquid generated $1.4 million in fees over the past day and burned 20,600 HYPE tokens, worth $1.2 million. The cumulative total of HYPE tokens burned to
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Latest LUNC Price Analysis: Is the Terra Classic Token "Obsolete"?
LUNC is the native token of the original chain following the collapse of the Terra ecosystem, and the community is working to revive it through measures such as the 1.2% transaction tax burn, the Binance, and staking.As of July 2026 at the time of publication, the price of LUNC fluctuated between $0.000055 and $0.000057, with a market capitalization of approximately $308 million to $328 million.Despite the community’s active efforts to recover, the massive supply of several trillion tokens, the slow burn rate, and fundamental challenges mean its long-term outlook remains highly uncertain, and the market is divided on its value.
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Uniswap Submits Two Governance Proposals; All New Protocol Fees Will Be Allocated to the UNI Burn Mechanism
Svmuu News: Uniswap founder Hayden posted on X stating that Uniswap has just submitted two governance proposals for final on-chain voting, including enabling v2 and v3 protocol fees on the Robinhood C
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Due to the destruction of CZ’s donation address, CZ briefly surged by more than 250%, and TCC briefly surged by more than 100%.
Svmuu News: According to GMGN data, TCC surged by over 100% in a short period and currently has a market capitalization of $7.67 million, while CZ surged by over 250% in a short period and currently h
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CZ Donation Address Burns 700 Million CZ and 400 Million TCC
Svmuu News: According to on-chain analyst Ai, 5 minutes ago, CZ’s donation address (0x288... 307) transferred 700 million CZ and 400 million TCC to a blackhole address; both tokens have since seen var
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Gate has burned GT for the third time this year, with a cumulative total of 7.29 million tokens burned, worth approximately $58.56 million.
Svmuu News: According to on-chain data, Gate (0x2b8...f308) has burned 2.57 million GT, worth $17.43 million. This marks Gate’s third GT burn this year, bringing the year-to-date total to 7.29 million
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Heima's Proposal to Burn 16.5 Million HEI Tokens Opens for Community Voting, Foundation Votes in Favor
Svmuu reported that the cross-chain abstraction layer project Heima team announced on platform X that the on-chain proposal to burn 16.5 million HEI tokens from the ecosystem allocation has opened for
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Hyperliquid incurred $1.4 million in fees and burned 20,600 HYPE tokens over the past day
Svmuu News: Onchain Lens posted on X that Hyperliquid generated $1.4 million in fees over the past day and burned 20,600 HYPE tokens, worth $1.2 million. The cumulative total of HYPE tokens burned to
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Uniswap Submits Two Governance Proposals; All New Protocol Fees Will Be Allocated to the UNI Burn Mechanism
Svmuu News: Uniswap founder Hayden posted on X stating that Uniswap has just submitted two governance proposals for final on-chain voting, including enabling v2 and v3 protocol fees on the Robinhood C
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Due to the destruction of CZ’s donation address, CZ briefly surged by more than 250%, and TCC briefly surged by more than 100%.
Svmuu News: According to GMGN data, TCC surged by over 100% in a short period and currently has a market capitalization of $7.67 million, while CZ surged by over 250% in a short period and currently h
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CZ Donation Address Burns 700 Million CZ and 400 Million TCC
Svmuu News: According to on-chain analyst Ai, 5 minutes ago, CZ’s donation address (0x288... 307) transferred 700 million CZ and 400 million TCC to a blackhole address; both tokens have since seen var
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Gate has burned GT for the third time this year, with a cumulative total of 7.29 million tokens burned, worth approximately $58.56 million.
Svmuu News: According to on-chain data, Gate (0x2b8...f308) has burned 2.57 million GT, worth $17.43 million. This marks Gate’s third GT burn this year, bringing the year-to-date total to 7.29 million
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Heima's Proposal to Burn 16.5 Million HEI Tokens Opens for Community Voting, Foundation Votes in Favor
Svmuu reported that the cross-chain abstraction layer project Heima team announced on platform X that the on-chain proposal to burn 16.5 million HEI tokens from the ecosystem allocation has opened for
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LUNC Price Once Soared Significantly: An Analysis of Multiple Factors Behind the Terra Classic Token's Rise
Between April and May 2026, the Terra Classic (LUNC) token price experienced a significant surge, attracting widespread market attention. This rally was primarily driven by a combination of factors, including the ongoing token burn activities by Binance and the Terra Classic ecosystem, which effectively reduced the circulating supply; community-driven network upgrade proposals aimed at restoring chain functionality and rebuilding confidence; and a surge in trading volume and derivatives open interest, reflecting a return of short-term speculative interest. Additionally, the settlement between Terraform Labs and the SEC, its token burn plan, and the gradual decoupling of LUNC's price movements from LUNA/USTC were also seen as removing some market uncertainties, collectively contributing to this upward trend.
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Latest LUNC Price Analysis: Is the Terra Classic Token "Obsolete"?
LUNC is the native token of the original chain following the collapse of the Terra ecosystem, and the community is working to revive it through measures such as the 1.2% transaction tax burn, the Binance, and staking.As of July 2026 at the time of publication, the price of LUNC fluctuated between $0.000055 and $0.000057, with a market capitalization of approximately $308 million to $328 million.Despite the community’s active efforts to recover, the massive supply of several trillion tokens, the slow burn rate, and fundamental challenges mean its long-term outlook remains highly uncertain, and the market is divided on its value.
Token Burn
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