🌖 Terra Luna Classic Gets Major Binance Backing, LUNC Price Breakout Ahead?

Terra Luna Classic (LUNC) is gaining attention as Binance steps in to support its latest network upgrade. The announcement comes at a time when the crypto market is facing a significant downturn, sparking optimism among investors. With key updates rolling out, many market watchers predict a potential breakout for LUNC price.

Binance Extends Support To Terra Luna Classic Upgrade

In a recent update, Binance confirmed its support for the Terra Luna Classic network upgrade. The exchange stated that deposits and withdrawals on the Terra Classic network would be suspended on February 25, 2025, at 14:00 UTC. The upgrade itself is set to occur at block height 22,176,864, scheduled for 15:00 UTC the same day.

Meanwhile, Binance assured users that LUNC and related token trading would not be affected. The top crypto exchange also stated that it will handle all technical requirements involved in the upgrade.

Once the network stabilizes post-upgrade, deposits and withdrawals will resume without any further announcements. This move by Binance indicates a strong commitment to the Terra Luna Classic ecosystem, further boosting confidence in LUNC’s long-term potential.