Binance has announced its support for the Terra Luna Classic (LUNC) network upgrade, scheduled for August 15, 2025, aiming to enhance the market module for improved functionality.
The upgradeโs success may boost LUNCโs market position, reflecting strong validator backing and community engagement, yet leaving major cryptocurrencies unaffected.
Binance announced their support for the Terra Luna Classic (LUNC) v3.5.0 network upgrade set for August 15, 2025. The upgrade aims to restore the Market Module, crucial for on-chain LUNC and USTC functionality.
Binance leadership has affirmed institutional backing for the upgrade. With broad validator and community approval, key developers within the Terra Classic ecosystem are spearheading the proposal, reflecting strong governance engagement.
180% Price Increase Predicted for LUNC Post-Upgrade
The announcement has generated positive community sentiment, with on-chain voting displaying significant validator approval. The upgrade is perceived as a step towards enhancing market stability and operational efficiency for LUNC and USTC.
Analysts highlight potential financial gains, predicting a 180% price increase for LUNC if the upgrade succeeds. Historical trends suggest previous upgrades led to considerable LUNC price rallies, and this event might continue that trajectory.
Past Upgrades Spark Bullish Trends for LUNC
Past upgrades, like the February 2025 v3.4.0, resulted in 320% price surges, improved transaction security, and efficiency. Such events have historically catalyzed bullish sentiment for LUNC, enhancing its appeal to developers and traders.
Javon Marks from Kanalcoin predicts another significant price surge if the upgrade succeeds, consistent with historical price rallies. Increased developer activity and validator engagement further reinforce a positive outlook for Terra Classic.
Richard Teng, CEO, Binance, โ โTerra Classic blockchain will launch its v3.5.0 upgrade on August 15โฆ One key aspect of the upgrade is the restart of the Market Module. It has received strong support from LUNC validators and community members.โ
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