The most recent significant update for LUNC (Terra Classic) is the implementation of the Tax2Gas upgrade. This upgrade increased the burn tax rate from 0.5% to 1.5%, with the additional 0.3% being used to fund further development and renovation of the chain.
While this is a positive development for LUNC, it's important to note that the coin has faced challenges and volatility since the Terra ecosystem collapse in May 2022. The future of LUNC will depend on various factors, including its community, development efforts, and market conditions.