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Terra Luna Classic developer group Genuine Labs took it to X to confirm bullish news for the LUNC community, announcing the readiness of a significant upgrade.
Great news for #LUNC community! 🚀
— Genuine Labs (@Genuine__Labs) May 24, 2024
The latest version for sdk 47 is here: https://t.co/8WitCawcGs
Let's get ready for the upgrade proposal!
The new SDK 47 version will update Terra Luna’s components, fight p2p storm attacks, and fix the dyncomm decorator, enhancing the ecosystem’s strength and efficiency.
Genuine Labs will introduce a proposal allowing the community to vote for the upgrade.
Meanwhile, the latest v3.0.1 represents the developer’s dedication to updating and improving the Terra Luna Classic blockchain’s security.
Genuine Labs completed the rebel-2 testnet upgrade recently. The update incorporates various elements, including a p2p storm fix, wasmd vo.45, SDK vo.47, and ibc-go v7, promising improved network performance.
LUNC & USTC’s current price actions
Terra’s ecosystem digital coins flashed recovery signals as the markets responded to the upgrade news, with broad market recoveries boosting the upside.
LUNC gained 2% on its daily chart to trade at $0.0001139, whereas USTC’s 1.35% 24-hour jump placed its price at $0.02289 during this writing.
Meanwhile, Terra Luna Classic’s tokens remain positioned for upswings in the upcoming sessions, with broad market support, significant upgrades, and initiatives such as block-reduction as catalysts.
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