Binance to support Terra v2.21.0 upgrade, LUNA jumps 15%
- —Terra v2.21.0 upgrade activates at block 22,942,000 at 16:00 UTC
- —Binance will suspend LUNA deposits and withdrawals during the network update
- —LUNA rose 15% to $0.0536, with trading volume surging 1290%
- —Open interest in LUNA futures rose 90% to $5.1 million
Why it matters: The upgrade improves the security and compatibility of the Terra network, and Binance's support reduces risks for LUNA holders.
Source: CoinGape