The recent successful integration with Interchain Station has resulted in significant improvements for the Tera Classic (LUNC) crypto token. According to Terraform Labs lead developer Jared, who made the announcement on his official Twitter account, the rebranded Terra network will join a roster of other blockchains, including Osmosis, Juno, and SEI, among others, to help steer the network in the right direction.
Jared also mentioned that additional chains will be joining the Interchain Station soon, including the likes of SEI, Mars and Pisco. The move will allow different blockchains to communicate with each other more smoothly.
In addition, the main developer mentioned that in the next few days, more new features will be launched, with their main focus on launching a "wallet" for mobile devices. Currently, the mainnets supported by the station are Luna, Lunc, Osmosis, Juno, Kujira, Carbon, HuaHua and Cresent.
Previously, the price of Terra Classic (LUNC) rose almost 3% on January 10 when it was first announced by TFL staff on Twitter as a chain integration. The new development comes after an attempt was made by the LUNC community to revive the dwindling project, a blockchain that has been salvaged from the collapsing Terra ecosystem. With the new station wallet, developers working on DeFi platforms will now have easy access to oracle data from multiple chains through inter-chain facilities.
The start of 2023 did not go well for the Terra Classic block as it received a major blow when crypto exchange KuCoin announced the de-allocation of nearly 48 billion LUNC tokens. However, the LUNC community has fought back by approving and implementing new governance proposals aimed at improving the entire chain.
As it happens, Terra Classic (LUNC) price is currently trading at $0.0001784. This represents an increase of 0.13% in 24 hours.
