Right now I think this is greatly affecting Luna price on exchanges, hours ago luna was trading for 54$ and right now its down to 35$, this is one of the most performing altcoins out there, they need to come up with a good plan or else Luna will go down to zero.
It doesn't look like it's going to go down to zero either because the Luna team itself also knows what to do in a downturn in the market like now because if they don't do anything in the current situation, their product will die in the crypto space. So in general it's clear they have to move to give their well-known product a bit of durability.