On August 15, 2025, the Terra Luna Classic (LUNC) network upgrade will take place, supported by cryptocurrency exchange Binance. The upgrade aims to improve the functionality of the market module.
Terra Luna Classic Network Upgrade
Binance has announced its support for the Terra Luna Classic (LUNC) v3.5.0 network upgrade scheduled for August 15, 2025. The upgrade aims to restore the Market Module, crucial for LUNC and USTC functionality on-chain.
Expected Outcomes of the Upgrade
The recent announcement has generated positive community sentiment, with on-chain voting showing significant validator approval. The upgrade is seen as a step towards improving market stability and operational efficiency for LUNC and USTC. Analysts highlight that if the upgrade succeeds, LUNC's price could rise by 180%, based on historical trends where previous upgrades led to significant price increases.
Historical Context of LUNC Upgrades
Past upgrades, such as the February 2025 v3.4.0, resulted in a 320% price surge, enhanced transaction security, and efficiency. Such events have historically catalyzed bullish sentiment for LUNC. Increased developer activity and validator engagement also reinforce a positive outlook for Terra Classic.
The Terra Luna Classic network upgrade promises significant changes for the cryptocurrency, potentially leading to an increase in its market position and stability. Support from Binance and active community involvement indicate a high likelihood of the success of this initiative.
