Terra Luna Classic’s rebel-2 Upgrade Sends LUNC Soaring: A 7% Surge Sparks Investor Enthusiasm

2 min read
  • Terra Luna Classic’s rebel-2 upgrade, featuring SDK v0.47 and wasmd v0.45, seamlessly executed with minor fixes, drove a 7% surge in LUNC’s price, now trading at $0.0001035, reflecting investor trust in the project’s development.
  • Additionally, upcoming plans for an 800 million USTC burn and continued testing with Mantlemint underscore industry support for Terra Luna Classic’s growth trajectory.

A public blockchain protocol, the Terra Luna Classic network completed a crucial upgrade, lifting LUNC’s price by 7% and enhancing system efficiency and performance. This upgrade, dubbed rebel-2, introduces key elements like SDK v0.47 and wasmd v0.45, aimed at improving network operations.

Developer Fragwuerdig stated that the upgrade, including minor fixes by @ColeStrathclyde, was seamless. Post-upgrade, there’s a higher demand for RAM, anticipating the upcoming mainnet upgrade to bolster network scalability.

The successful upgrade sparked a 7% surge in Terra Luna Classic’s (LUNC) price, now trading at $0.0001035, with a market cap of $582,245,216, reflecting investor trust in LUNC and Terra Luna Classic’s development.

Enhanced Efficiency and Investor Confidence

The upgrade’s success underscores Terra Luna Classic’s commitment to innovation and continuous improvement. The seamless integration of SDK v0.47 and wasmd v0.45 not only enhances the network’s efficiency but also demonstrates the team’s technical prowess and dedication to delivering value to users and investors alike.

Looking ahead, Terra Luna Classic eyes an 800 million USTC burn and continues testing with Mantlemint for enhanced capabilities. Binance’s support, including a burn of 1.4 billion LUNC tokens, underlines industry backing for Terra Luna Classic’s growth.

Investors show confidence in Terra Luna Classic’s growth potential due to its successful upgrade and ongoing developments, including the planned USTC burn and testing with Mantlemint for enhanced capabilities.

The surge in LUNC price following the rebel-2 upgrade highlights investor optimism and confidence in Terra Luna Classic’s future prospects. As the network continues to evolve and innovate, it is poised to capture greater market share and solidify its position as a leading blockchain protocol.

Terra Luna Classic’s rebel-2 upgrade represents a significant milestone in its development journey. Not only does it enhance the network’s efficiency and performance, but it also boosts investor confidence and sets the stage for future growth and innovation. With exciting developments on the horizon, Terra Luna Classic remains a project to watch in the ever-evolving blockchain landscape.

vivian

Vivian Njoroge is a seasoned crypto and blockchain news writer with a passion for decoding the complexities of the digital financial world. Armed with a keen eye for emerging trends and a knack for simplifying intricate concepts, Vivian brings a unique blend of expertise and enthusiasm to her writing. Her articles, characterized by clarity and depth, aim to keep readers abreast of the ever-evolving landscape of cryptocurrencies and blockchain technology.

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