Terra Classic (LUNC) has been experiencing increases in its value as anticipation grows for a major upgrade that would bring technological parity with LUNA 2.0. The L1 Joint Task Force, the Terra Classic core developer group, has upgraded its rebel-2 testnet to version 2.0.0 with Cosmos SDK v0.45 to enhance functionality and support the transition of the Terra Classic mainnet upgrade. The blockchain developer team's project manager, LuncBurnArmy, has submitted a proposal for the Terra Classic core mainnet upgrade to version 2.0.0, which is set to go live on May 17 and would allow building decentralized applications on the LUNC blockchain. The current price of Terra Classic stands at $0.00009014, showing signs of a possible retaking of the psychologically important $0.0001 level.
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