Graph below shows the amount of Bonded and Unbonded LUNA available. We can see that the Unbonded LUNA is gradually decreasing while Bonded LUNA is gradually increasing. My hypothesis is that more users are using Anchor Protocol which means that more bLUNA are bonded and provided as collateral hence we are seeing more demand for bLUNA.

The graph below showing the total of LUNA tokens that are in circulation for the past 6 months (minus terra1fl48vsnmsdzcv85q5d2q4z5ajdha8yu3nln0mh address which is wallet for Foundation Staking, and its holding all staked LUNA)