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Crypto

Binance Backs Terra Upgrade, LUNA Price Skyrockets

Guavy AI Editorial Team
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BNB LUNA
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Binance, the world's largest cryptocurrency exchange, has announced its support for the Terra network upgrade. This move comes as a significant development in the crypto space, with Terra's native token LUNA experiencing a price surge of 15%.

The news of Binance's support for the Terra network upgrade was met with enthusiasm from investors, who drove up the price of LUNA by 15%. This marks a significant extension of weekly gains for the token, which has now reached almost 30%.

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