During the decline in the crypto currency market, an important network update was announced for Terra Luna Classic (Lunc). This update, which will be realized with the official support of Binance, includes technical improvements and security updates. During the update process, which will be implemented on February 25, 2025, deposit and withdrawal at certain times will be temporarily stopped. This step, supported by the majority of the community, aims to make the LUNC ecosystem more secure and efficient.
Official update support from Binance
Binance announced that it will support the update in the Terra Luna Classic network. In this context, on February 25, 2025 at 14:00 at the UTC, lunc deposit and withdrawal on the stock market will be temporarily suspended. Users will continue to be transactions, but the deposit and withdrawal services will be activated after the network is stable.
According to Binance’s statement, all technical requirements will be met by the company during the update. In addition, LUNC and related token operations will not be affected by this process said. This development may have a positive effect on the market, while showing Binance’s long -term commitment to Terra Luna Classic ecosystem.
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Details of Terra Classic v3.4.0 update
The V3.4.0 update, which will be held in Terra Luna Classic network, includes many technical improvements. It is aimed to remove the network more efficient by removing fork modules and updating software logic. In addition, security patches will be applied for WASMVM, Cometbft and other critical systems. These changes will ensure that the network is more stable and to eliminate security vulnerabilities.
“Terra – 4834 | The MSG Software Upgrade v2.15.0 ”update will be a part of this process. Validators need to upgrade GO versions to 1.22.12 before the update. After the update is completed, the deposit and pulling operations will be activated again with the network becomes stable.
After the update, Terra Luna Classic Ecosystem is expected to have a stronger infrastructure. In addition to technical innovations, developments in the market indicate that a potential increase in LUNC price is possible. Investors closely follow the update process and Binance’s support.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
