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Terra Luna Classic Strengthens its Position in the Crypto Market with Ethereum Virtual Machine Integration (crypto-news-flash)


  • The integration of Ethereum Virtual Machine strengthens the flexibility and processing power of Terra Luna Classic.
  • Backed by more than 44% of votes in favor, the approval boosts interoperability and collaboration with leading projects.

With a new decision that has captured the global attention of the crypto market, the Terra Luna Classic community celebrates the official approval of the EVM proposal. This initiative represents a crucial milestone by integrating the Ethereum Virtual Machine (EVM) into the Terra platform, giving the Terra Classic chain greater flexibility to adapt to emerging technologies in the crypto arena.

The adoption of the EVM, a leading standard since 2013 that oversees more than 910 different chains, puts Terra Classic in a prime position to meet rigorous blockchain development standards. The integration aims to boost the chain’s processing capacity, allowing it to handle a greater number of simultaneous transactions efficiently.

The majority support for the proposal, with more than 44% voting in favor, reflects growing support for this strategic move. Despite certain objections raised during the process, the approval will provide Terra Classic with the opportunity to improve its interoperability and adopt widely used blockchain development standards .

Renowned projects such as Curve DAO, Uniswap, ChainLink and Hedera will join this initiative, further strengthening Terra Classic’s ecosystem and cementing it as a key player in the crypto landscape.

terra-lunaCoinmarketcap: LUNC price in the last 24 hours

Although there was a slight 1.26% drop in LUNC’s price over the past 24 hours, the 5.80% increase on the weekly chart reflects widespread optimism around the long-term benefits of the proposed EVM. Crypto market enthusiasts expectantly anticipate a rally in LUNC prices in the near future as a result of this strategic move.

This new path for Terra Luna Classic has been well received in the crypto community, generating positive conversations and expectations about the impact it will have on the platform’s continued development.

The EVM integration not only boosts Terra Classic’s scalability and efficiency, but also opens up new opportunities for collaboration with other reputable blockchain projects. Industry experts stress that this strategic decision not only strengthens Terra Luna Classic’s position, but also contributes to the advancement and evolution of the crypto ecosystem as a whole.

Terra Classic’s openness to the Ethereum Virtual Machine is not only a bold move in terms of technical development, but also a clear sign of the community’s willingness to embrace innovation and adapt to changing market dynamics.

The overwhelming support and enthusiasm expressed by the community indicates that Terra Luna Classic is well positioned to capitalize on the opportunities that will arise in the future, providing a success story that will resonate in the cryptocurrency industry.

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