Tera Classic (LUNC) Joins Interchain Station, Despite Price Drop

Veröffentlicht von

• Terra Classic (LUNC) is now compatible with Interchain Station, confirmed by Lead developer Jared of Terraform Labs.
• This integration will enable seamless communication between various blockchains, including Osmosis, Juno and SEI.
• Despite this major development, the price of LUNC is down approximately 2.6 percent in the past 24 hours.

Terra network has just achieved a major breakthrough with the successful integration of Tera Classic (LUNC) with Interchain Station. Terraform Labs’ lead developer, Jared, made the announcement on his official Twitter account, revealing that more blockchains, including Osmosis, Juno, and SEI, among others, will be joining the Interchain Station for seamless communication between different chains. Jared further stated that a support team for the Interchain Station will be launched in the next few days.

This integration is set to be a major milestone in the Web3 industry, allowing DeFi developers to access oracle data from different chains via the Interchain Station with ease. The TFL Interchain integration was initially set to be announced on January 12, but Jared surprised the LUNC community by launching it 48 hours earlier than expected.

Despite this major development, the price of LUNC has not seen a positive impact on Wednesday. According to market data provided by Coingecko, LUNC is down approximately 2.6 percent in the past 24 hours, currently trading around $0.00016310. However, the long-term effects of the Interchain Station are expected to positively affect the price of LUNC in the future.

In conclusion, the integration of Terra Classic (LUNC) with Interchain Station is a major achievement for the Web3 industry. This integration will enable smoother communication between different blockchains and allow DeFi developers easier access to oracle data. Although the price of LUNC is currently down, the long-term effects of this integration are expected to have a positive impact on its price in the future.