• Terra Classic (LUNC) is now compatible with Interchain Station, as confirmed by Terraform Labs lead developer Jared.
• The integration is expected to have a long-term positive impact on the LUNC price.
• DeFi developers will have access to oracle data from multiple blockchains via the Interchain Station.
The Terra Classic (LUNC) network has just been given a major boost with the successful integration of the Interchain Station. This integration was announced by Jared, the lead developer of Terraform Labs, via his official Twitter account. The Terra Classic network takes pride in its market capitalization of $981,178,831 and its 24-hour traded volume of $97,623,378.
The Interchain Station integration is expected to have a long-term positive impact on the LUNC price. Unfortunately, the announcement was not immediately reflected in the LUNC price, which is currently down by approximately 2.6% in the past 24 hours. However, this integration will benefit the DeFi developers, who will have access to oracle data from multiple blockchains via the Interchain Station. The TFL Interchain integration was originally scheduled for January 12, but this launch was delayed. Jared, however, surprised the LUNC community with the launch of the Interchain Station on January 10, 48 hours ahead of schedule.
The Interchain Station is expected to be a game changer for Web3. It will enable seamless communication between different blockchains, allowing for more efficient and secure transactions. Aside from Terra Classic, other blockchains such as Osmosis, Juno, and SEI are joining the Interchain Station to push forward the Web3 industry.
The announcement of the Interchain Station integration is undoubtedly a huge step forward for the Terra Classic network. It is expected to have a positive long-term effect on the LUNC price, as well as provide more convenience and security for DeFi developers. With the Interchain Station, more blockchains will be able to join the Web3 industry, creating a more secure and efficient blockchain ecosystem.