The Terra Luna Classic (CRYPTO:LUNC) community has unanimously passed the v3.0.1 upgrade proposal by Genuine Labs, with overwhelming support from both community members and validators.
This upgrade, comprising sdk 47 and other major updates, aims to enhance the efficiency, robustness, and security of the Terra Classic chain.
Traders responded positively to the news, leading to a 5% increase in both LUNC and USTC (CRYPTO:USTC) prices within hours of the announcement.
With key resistance levels in sight, the momentum in LUNC and USTC prices may continue to drive upward movements as the upgrade implementation approaches on June 2, 2024.