• Terra Classic (LUNC) has been integrated with Interchain Station, a platform that enables communication between different blockchains.
• This integration has been confirmed by lead developer Jared of Terraform Labs.
• The integration is expected to have a long-term positive impact on LUNC price, as well as make it easier for DeFi developers to access oracle data.
The Terra Classic (LUNC) blockchain has just been given a huge boost with the successful integration of the Interchain Station. This platform was created to allow seamless communication between different blockchains, with Osmosis, Juno, SEI, and many other chains already part of it. The Terra Classic blockchain, with its market capitalization of almost a billion dollars and 24-hour traded volume of about $97 million, can now join this group.
Lead developer Jared of Terraform Labs made this announcement through his official Twitter account, noting that a dedicated support team will be put in place in the next few days to ensure the integration is a success. However, the news was not well received in the market, as the LUNC price dropped by 2.6 percent in the last 24 hours.
Despite this, the long-term effects of the Interchain Station integration are expected to be very positive for the LUNC price. In addition, this integration will make it easier for Defi developers to access oracle data from different chains. The launch of the TFL Interchain was initially scheduled for January 12, but this was delayed due to technical issues.
Overall, the integration of the Terra Classic (LUNC) blockchain with the Interchain Station is expected to be a major boost for the blockchain industry. This integration will not only benefit the LUNC price, but will also make it much easier for Defi developers to access and use oracle data from other blockchains.