Binance has shown support for the upgrade of Terra Classic’s network, offering investors and traders potential for increased returns. Despite the recent decline and neutral price movement, the long-term sentiment for Terra Luna Classic’s remains bullish, with a price prediction of $0.0003 by 2024. Referencing its endorsement of the 2.0.1 version of Terra Classic’s network, Binance noted that the upgrade strengthens the network’s security, decentralization of the platform, and interoperability of the ecosystem’s token.
Experts anticipate that this news would lead to an overall increase in Terra Classic’s price in the long run. The upgrade could lead to improved usability of the cryptocurrency, which could result in new potential use cases for the coin. It is likely that as more users adopt it, the price will rise to all-time highs.
The endorsement by Binance is a major boost for the Terra Classic’s network and will likely result in a price surge in the coming weeks. With the potential for increased security, decentralization, and usability, it could be a game-changer for the cryptocurrency.
