• Terra Classic (LUNC) has been successfully integrated with Interchain Station.
• The Interchain Station will enable seamless communication between various blockchains.
• The announcement was not enough to impact LUNC price.
Terra Classic (LUNC) has recently made a major breakthrough with the integration of Interchain Station. This new development is expected to provide a much-needed boost to the Web 3 industry, which includes blockchains such as Osmosis, Juno, and SEI.
The Terra LUNC network has a market capitalization of approximately $981,178,831 and a 24-hour traded volume of about $97,623,378. With the integration of Interchain Station, DeFi developers will be able to access oracle data from different chains with ease.
The integration of the Interchain Station was expected to be unveiled on the 12th of January, but due to technical delays, the project has been launched roughly 48 hours ahead of schedule. Jared, the lead developer of Terraform Labs, made the announcement on his official Twitter account. He also indicated that support teams for the Interchain Station will be set up in the coming days.
Unfortunately, the news was not enough to impact the LUNC price. According to Coingecko, the price of LUNC is down by approximately 2.6 percent in the past 24 hours and is currently trading around $0.00016310. However, it is expected that the integration of Interchain Station will have a long-term effect on LUNC’s price.
The Interchain Station is expected to bring a lot of benefits to the Web 3 industry and to the users of the Terra Classic (LUNC) network. It will be interesting to see how this integration will impact the future of the blockchain industry.