Terra Classic Set for Major Upgrade Amid LUNC’s Bullish Momentum
05.12.2024 22:00 1 min. read Kosta Gushterov
The Terra Luna Classic community is voting on a major upgrade proposal aimed at simplifying tax processes and improving network security.
This update, scheduled for December 17, seeks to attract developers from the Cosmos ecosystem and boost utility. Validator support has been unanimous, signaling strong community backing for the “Upgrade to v3.3.0.”
On the price front, LUNC recently broke out of a triangle pattern, reminiscent of XRP’s recent rally. While the token surged over 40% this week, profit-taking has led to a slight pullback, with the current price at $0.0001613.
Analysts believe closing above $0.00018 could pave the way for a climb to $0.0005, provided trading volumes rise.
Meanwhile, the Terra ecosystem shows broader bullish trends, with USTC gaining 20% and LUNA surging 52% this week. Community efforts and the proposed upgrade could further drive momentum across the network.
-
1
Pi Network Sees Unprecedented Surge in Popularity Ahead of Mainnet Launch
18.02.2025 17:00 1 min. read -
2
Litecoin ETF Approval Odds Surge as Key Listing Boosts Optimism
22.02.2025 9:00 1 min. read -
3
Top 5 Most Discussed Cryptocurrencies Right Now
04.03.2025 10:00 2 min. read -
4
Analyst Predicts XRP Surge to $5 – Is a New All-Time High on the Horizon?
15.02.2025 14:00 1 min. read -
5
Ethereum Poised for Major Breakout, Analyst Predicts $10,000 Target
23.02.2025 12:00 1 min. read
Investors Shift Focus from Memecoins to Fundamental Altcoins
Ella Zhang, head of YZi Labs (formerly Binance Labs), has observed a noticeable change in crypto investment patterns.
21Shares to Shut Down Bitcoin and Ethereum Futures ETFs
21Shares has decided to shut down its Bitcoin and Ethereum futures ETFs, with liquidation expected to take place by March 28.
Solana Faces Crucial Price Levels: Will a Reversal Happen or Will Decline Continue?
Solana has recently dipped to its lowest value since August 2024, prompting analysts at MakroVision to examine its price movement and determine what might come next.
Crypto Whale Shifts Focus to Chainlink After Major Token Unlock
A notable cryptocurrency whale, known for its high-stakes trading maneuvers, appears to have shifted focus from Ethereum (ETH) to Chainlink (LINK).
-
1
Pi Network Sees Unprecedented Surge in Popularity Ahead of Mainnet Launch
18.02.2025 17:00 1 min. read -
2
Litecoin ETF Approval Odds Surge as Key Listing Boosts Optimism
22.02.2025 9:00 1 min. read -
3
Top 5 Most Discussed Cryptocurrencies Right Now
04.03.2025 10:00 2 min. read -
4
Analyst Predicts XRP Surge to $5 – Is a New All-Time High on the Horizon?
15.02.2025 14:00 1 min. read -
5
Ethereum Poised for Major Breakout, Analyst Predicts $10,000 Target
23.02.2025 12:00 1 min. read
