Claim $500Terra Luna Classic v2.2.1 Core Upgrade Goes Live
The L1 Terra Classic Task Force (L1TF) developer group started the v2.2.1 core upgrade of the Terra Luna Classic chain at block height 14514000 at 10:15 UTC on September 12. The upgrade is taking hours for the L1TF core developer group to complete, unlike the major v2.1.1 parity upgrade in June that successfully went live within a few hours.
Terra Luna Classic v2.2.1 Core Upgrade
The L1TF halted the Terra Luna Classic chain to upgrade it to v2.2.1 and introduce significant changes. It upgrade includes new cosmos SDK, tendermint migration to CometBFT, IBC-go to v6, and wasmd versions. The upgrade also implements key changes earlier passed through governance voting including splitting the burn tax to the distribution module.
According to AtomScan, the Terra Classic chain is coming back online slowly as validators are online. Blocks and inflation data are showing correctly, but staked LUNC data is yet to appear on the platform.
Validators and node operators confirmed upgrading to the latest v2.2.1 release to prepare for the upgrade. After 3 hours of the upgrade, PFC became the first validator to be up and running and other validators slowly getting online. The L1TF is yet to announce the changes and issues during the upgrade.
Some community members have raised concerns as the Terra Classic Station, wallet, and Finder are down and await an announcement from Hexxagon and L1TF regarding the v2.2.1 upgrade.
Meanwhile, crypto exchange Binance and other platforms announced support for the support for the Terra Luna Classic network upgrade.
LUNC and USTC Price Jumps After Upgrade
Terra Luna Classic ecosystem tokens LUNC and USTC prices jumped higher amid a slight recovery in the broader crypto market. The upgrade added additional advantage to upside momentum, but trading volumes still remains low.
LUNC price jumped nearly 4% in the last 24 hours, with the price currently trading at $0.000057. The 24-hour low and high are $0.0000557 and $0.0000589, respectively.
Meanwhile, USTC price trades at $0.012, also up 3% in the past 24 hours. The 24-hour low and high are $0.0118 and $0.0122, respectively.
Also Read:
- Bitcoin Can Quickly Rally To $70000 After Fed Decision, Says BitMEX Arthur Hayes
- Binance Files Opposition And Joint Motion With US SEC Concerning Confidential Docs
- Bitcoin To Rally During US SEC Chair Gary Gensler’s Hearing?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Michael Saylor’s “Green Dots” Message Hints At Fresh Bitcoin Buying As BTC Faces $90K Wall
- Fed’s Hammack Signals No Rush to Cut Rates as January Hold Odds Near 80%
- XRP ETFs Reach $1.21B as Asset Managers See a ‘Third Path’ Beyond Bitcoin
- Nearly $50M in USDT Stolen After Address Poisoning Scam Targets Crypto Trader Wallet
- Breaking: Rep. Max Miller Unveils Crypto Tax Bill, Includes De Minimis Rules for Stablecoins
- Will Solana Price Hit $150 as Mangocueticals Partners With Cube Group on $100M SOL Treasury?
- SUI Price Forecast After Bitwise Filed for SUI ETF With U.S. SEC – Is $3 Next?
- Bitcoin Price Alarming Pattern Points to a Dip to $80k as $2.7b Options Expires Today
- Dogecoin Price Prediction Points to $0.20 Rebound as Coinbase Launches Regulated DOGE Futures
- Pi Coin Price Prediction as Expert Warns Bitcoin May Hit $70k After BoJ Rate Hike
- Cardano Price Outlook: Will the NIGHT Token Demand Surge Trigger a Rebound?
