LUNA’s Terra v2.5 Upgrade Signals Renewed Bullish Momentum

Published 18/10/2023, 06:18
LUNA’s Terra v2.5 Upgrade Signals Renewed Bullish Momentum
LUNAt/USD
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Coin Edition -

  • LUNA prepares for a major upgrade at block height 7316000, integrating Cosmos SDK 47.
  • LUNA maintains strong support above $0.4079 despite a brief retracement.
  • Despite a drop in market cap, LUNA’s increased trading volume reflects continued investor optimism.

In a recent announcement, Terra (LUNA) developers unveiled the approval of Recommendation 4785. Consequently, the much-anticipated update to Terra v2.5 has secured the green light from the vibrant community.

Additionally, this transformative phase is slated to transpire at block height 7316000 on Wednesday, October 18, 2023, at 15:04 UTC. However, there will be a brief pause in the chain’s operations to facilitate the seamless transition to the upgrade.

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