• Terra Classic (LUNC) has received a huge boost following a successful integration with Interchain Station.
• The announcement did not have a positive impact on LUNC price on Wednesday.
• DeFi developers will access oracle data from different chains via the Interchain Station with ease.
Terra Classic (LUNC) has been given a major boost with the successful integration with Interchain Station. It marks a significant milestone for the rebranded Terra network, which now joins a list of other blockchains such as Osmosis, Juno, and SEI to drive Web3 industry forward.
The announcement, made by Terraform Labs lead developer Jared via his official Twitter account, did not have an immediate positive impact on LUNC price on Wednesday. According to market data provided by Coingecko, LUNC’s price is down approximately 2.6 percent in the past 24 hours to trade around $0.00016310.
However, the long-term implications of Interchain Station are expected to be beneficial for LUNC price. The integration of Interchain Station will enable DeFi developers to easily access oracle data from different chains. Moreover, a dedicated support team for the Interchain Station is expected to be rolled out in the next few days.
The TFL Interchain integration was initially expected to be unveiled on January 12 following technical delays. However, Jared was able to surprise the LUNC community with the announcement of the integration a few days ahead of schedule.
Overall, the integration of Interchain Station with Terra Classic (LUNC) marks a significant milestone for the rebranded Terra network and will enable seamless communication between different blockchains at all times. The long-term implications of the integration are expected to be beneficial for LUNC price and the DeFi industry as a whole.