- LUNC faces growing delisting fears on Binance as stablecoin trading pairs vanish due to MiCA regulations.
- With trading volume plunging and limited liquidity, the altcoin’s recovery path looks increasingly uncertain.
Terra Luna Classic (LUNC), once the pride of the altcoin universe, is now teetering on the edge of obscurity. With trading volume plummeting below $10 million and whispers of delistings making rounds in the crypto community, many are left wondering: Is LUNC being quietly phased out of Binance?
The short answer? Not officially—but the signs aren’t exactly bullish.
Binance, known for its unwavering support of LUNC through token burns and development backing, has made no formal announcement regarding delisting. However, traders have noticed an unsettling shift. The removal of stablecoin pairs, including the once-vital USDT pairing, has made trading LUNC and its ex-stablecoin sibling USTC more difficult than ever.
Also read: XRP Lawsuit Update: Will New SEC Chair Paul Atkins Accelerate Ripple Case Resolution?
This issue stems largely from the latest rollout of the EU’s MiCA regulations, aimed at taming the wild west of stablecoins. While USTC was left out—its broken peg disqualifying it as a stablecoin—the regulatory ripple has indirectly impacted LUNC’s availability, especially in the European Economic Area.
With USDT pairs gone, Binance users are now limited to trading LUNC against the Turkish Lira (TRY) or using Binance’s Convert feature, which allows asset-to-asset swaps. While functional, these options are far less liquid and convenient, posing a new challenge for LUNC’s already struggling ecosystem.
Despite the hurdles, the LUNC community isn’t backing down. Staking has reached record highs, with nearly 16% of the total supply locked, a testament to the die-hard support that still fuels the network. Yet without stablecoin-backed trading pairs, liquidity is drying up—putting a damper on recovery efforts that rely on active market participation.
Once a $41 billion powerhouse, LUNC’s journey is a cautionary tale of volatility, governance, and regulation. Whether it claws its way back or fades further into the crypto shadows may depend on its ability to adapt—both technically and in the eyes of increasingly watchful regulators.
Bottom Line: LUNC isn’t officially delisted—but regulatory pressure and lack of stablecoin trading options are quietly tightening the noose.
