The Terra Luna Classic community has made a decisive move by unanimously approving a proposal to enable interblockchain communication (IBC) with the Osmosis protocol. This landmark decision has led to a significant surge in the prices of LUNC and USTC, with trading volumes skyrocketing by an impressive 200% in the last 24 hours.

Proposal 12104, titled "Reactivate Osmosis IBC," has overwhelmingly passed the governance voting threshold on the Station wallet. Submitted by developer Fragwuerdig, a former member of the core developer team, the proposal aims to reactivate the Osmosis-Terra Luna Classic IBC, a crucial step in fostering seamless interoperability between the two ecosystems.

The proposal received an astounding 85% of votes in favor, with the voting deadline set for May 25. Additionally, the proposal garnered 15% "No with veto" votes. Among the 40 validators who participated in the voting, an overwhelming majority of 38 voted in favor, including prominent names like LuncGoblins, Moon Rabbit Validator, and MoonRunners. Allnodes is the only validator yet to cast its vote on the proposal.

Terra Classic member and validator Vegas has highlighted the need for an update to the Osmosis IBC client to ensure the smooth operation of the IBC relay, which is essential for facilitating interchain transfers between LUNC and Osmosis. He has recommended upgrading the client from version 07-tendermint-12 to 07-tendermint-250, a critical step in ensuring the successful implementation of the IBC.

The impact of this community-driven decision has been immediate and profound. The Terra Luna Classic ecosystem tokens have experienced a massive surge in trading volumes, exceeding 200% in the last 24 hours. Analyst Javon Marks has predicted a swift move of the LUNC price to $0.00021439, noting that LUNC is displaying significant strength after breakouts that could potentially lead to another 70% upside move.

The LUNC price has already jumped 8% in the last 24 hours, though it has pared some of those gains in the recent hours. The 24-hour low and high for LUNC stand at $0.0001089 and $0.0001263, respectively, showcasing the heightened volatility and trading activity within the Terra Luna Classic ecosystem.

This unanimous decision by the Terra Luna Classic community to reactivate the Osmosis IBC represents a pivotal moment in the project's journey. By fostering interoperability and strengthening cross-chain connectivity, the community has paved the way for increased adoption, liquidity, and the potential for further price appreciation of the LUNC and USTC tokens. As the ecosystem continues to evolve and adapt to the changing market dynamics, this strategic move is poised to be a catalyst for the long-term growth and success of the Terra Luna Classic network.