The cryptocurrency market has witnessed a notable development, as Terraform Labs and Do Kwon have reached a tentative settlement with the US Securities and Exchange Commission (SEC) regarding fraud charges. This agreement has resulted in a substantial increase in open interest and price for Terra Luna Classic (LUNC) and USTC tokens.

The settlement has brought a sense of relief to investors, leading to a significant surge in open interest for LUNC and USTC futures contracts. According to Coinglass data, open interest for LUNC futures has risen by over 20% in the last 24 hours, with Binance experiencing a notable increase of over 23%. Similarly, USTC futures open interest has seen a 15% jump during the same period, with Huobi witnessing a remarkable 25% increase in just one hour.

This upswing in open interest has been accompanied by a substantial price increase for both tokens. LUNC price has soared by 15% within hours, reaching a high of $0.000131, and is expected to continue its rally, potentially reaching $0.0002 again, representing a gain of over 60%. USTC price has also experienced a significant increase of 8%, trading at $0.02419, with a 24-hour high of $0.02694.

The substantial increase in open interest and price for LUNC and USTC tokens indicates a renewed interest in these cryptocurrencies. The tentative settlement between Terraform Labs and Do Kwon with the SEC has alleviated some of the uncertainty surrounding these tokens, leading to a more optimistic outlook among investors.

As the situation continues to unfold, it is likely that the prices of LUNC and USTC will remain volatile. However, the current trend suggests a potential for further growth, making these tokens an exciting opportunity for investors seeking to capitalize on the cryptocurrency market's fluctuations.

In conclusion, the tentative settlement between Terraform Labs and Do Kwon with the SEC has brought a renewed sense of excitement to the cryptocurrency market, particularly for LUNC and USTC tokens. As investors continue to monitor the situation, it is clear that these tokens are worth keeping an eye on, given their potential for significant growth in the coming days.