The Terra Luna Classic community is taking action to safeguard its blockchain against spam attacks. They're suggesting raising transaction fees by tenfold to thwart potential network exploitation. The proposal, currently under voting, argues that current fees are too low, making attacks economically viable. By increasing fees, they aim to deter such malicious activities. However, some members voice concerns about the impact on decentralized applications and partners.

In response to the proposed fee hike, the community is engaged in a voting process via the Station wallet, with a significant portion expressing support. The proposal highlights the need to balance security measures with the sustainable operation of applications. Currently, the majority of validators seem inclined towards the fee increase.

Meanwhile, another proposal from Genuine Labs seeks to address peer-to-peer storm attacks by reducing the MaxBlockSize on the Terra Classic chain. This move aims to further fortify the network against potential vulnerabilities.

Amidst these developments, the price of LUNC has experienced a notable surge of 5% amidst a broader market recovery. Trading volumes have also seen an uptick, indicating heightened interest among traders. Futures traders are particularly bullish on LUNC, as evidenced by increased open interest and negative funding rates. This optimism is fueled by the belief within the community that LUNC's price could potentially reach $1 during this bullish cycle.

Additionally, the price of USTC, another cryptocurrency on the Terra Luna Classic chain, has also seen a 6% increase, reflecting positive sentiment within the ecosystem.

In conclusion, the Terra Luna Classic community is actively implementing measures to enhance the security and stability of its blockchain. While proposals like the 10x increase in gas fees may stir debate, the overarching goal remains to foster a resilient ecosystem conducive to long-term growth and adoption.