• Terra Classic (LUNC) is now compatible with Interchain Station.
• Lead developer for Terraform Labs, Jared, has confirmed the news.
• The news has not had a positive impact on LUNC price yet.
The Terra Classic (LUNC) blockchain has recently become compatible with Interchain Station, a development which has been confirmed by Jared, the lead developer for Terraform Labs. The move will enable developers to easily access oracle data from various blockchains, and marks a significant step forward for the Web3 industry. Other blockchains such as Osmosis, Juno, and SEI have also joined the Interchain Station.
Despite the news, the LUNC price has not seen any positive impact yet. According to market data provided by Coingecko, LUNC’s price is down approximately 2.6 percent in the past 24 hours to trade around $0.00016310. However, the Interchain Station is expected to have a long-term effect on the price of LUNC. A support team for the Interchain Station is also expected to be underway in the next few days.
The TFL Interchain integration was initially expected to be unveiled on January 12, however, it was delayed due to technical reasons. Jared, the lead developer, managed to surprise the LUNC community by announcing the integration ahead of the expected launch date.
The market capitalization of Terra Classic (LUNC) is approximately $981,178,831 and the 24-hour traded volume of about $97,623,378. As more blockchains join the Interchain Station, the Terra Classic (LUNC) network will be in a prime position to capitalize on the development.