Binance's Support for Terra Luna Classic Network to Upgrade User Experience
Portfolio Pulse from Khyathi Dalal
Binance (CRYPTO: BUSD) has extended support for Terra Luna (LUNC) Classic’s latest upgrade, which was approved by 99.85% of the community. The upgrade includes cosmos SDK upgrade, tendermint migration to CometBFT, IBC-go to v6, and wasmd. Binance will handle all technical requirements for users and will reopen deposits and withdrawals once the network is stable. At the time of writing, LUNC was trading 2.4% higher for one-day trading while USTC price was up 1.3%.

September 12, 2023 | 2:01 pm
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POSITIVE IMPACT
Binance's support for Terra Luna Classic's upgrade could enhance user experience and potentially attract more users, positively impacting BUSD.
Binance's support for the upgrade shows its commitment to improving user experience, which could attract more users to the platform and increase the demand for BUSD.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The upgrade of Terra Luna Classic, supported by Binance, could improve the functionality of LUNC and potentially increase its value.
The upgrade could improve the functionality of Terra Luna Classic, which could increase its attractiveness to investors and potentially increase the value of LUNC.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100