The Terra Classic community has successfully passed a proposal to restore the Inter-Blockchain Communication (IBC) to Kujira, leading to a significant enhancement in LUNC price and liquidity. This decision marks a pivotal moment for Terra Luna Classic as it strives to revitalize its ecosystem and unlock frozen assets.

In a unanimous vote, the community endorsed Proposal 12099, which focuses on reactivating the IBC client connection between Terra Classic and Kujira, transitioning from 07-tendermint-178 to 07-tendermint-246. This crucial update paves the way for seamless communication between the two chains, reinforcing the foundation of Terra Classic's resurgence.

The overwhelming support for the proposal, with a staggering 99.99% approval rate from the community, underscores the collective commitment to reinstating the vital link between the blockchains through IBC. Notably, key validators such as Allnodes, Interstellar Lounge, HappyCattyCrypto, and Luna Station 88 have all rallied behind this initiative, demonstrating a unified front in driving progress.

CoinGape reports that the upgrade from IBC client 07-tendermint-178 to 07-tendermint-246 will not only restore connectivity between the blockchains but also unfreeze locked funds, injecting new life into the ecosystem. Additionally, the community has greenlit various proposals, including Genuine Labs' measures to enhance security and optimize reward mechanisms, showcasing a proactive approach to fortifying the network.

Amidst these developments, the price of LUNC has surged by 5% in the past 24 hours, currently standing at $0.0001076. Trading activity has intensified, with a notable 80% spike in volume, indicating growing interest and confidence among traders. The community's optimism is palpable, with expectations set on LUNC reaching $1 in the near future.

Furthermore, Terra Luna Classic (LUNC) futures open interest has witnessed a robust 10% increase across exchanges, with notable growth on platforms like Binance and Bybit. Concurrently, USTC price has also experienced a 2% uptick, reflecting a positive trend in the broader Terra ecosystem. As the community continues to drive innovation and collaboration, the future looks promising for Terra Classic and its stakeholders.