Terra Classic Shows Signs of Recovery as Transactions and Staking Ratios Reach All-Time Highs
In a surprising turn of events, Terra Classic, the blockchain that emerged from the ashes of Terra's multi-billion-dollar collapse in 2022, is making significant strides towards recovery. Recent updates from the Terra Classic Foundation reveal that the network has experienced a remarkable surge in user transactions and an upward trend in the staking ratio, indicating renewed confidence in the project.
Terra Classic recently hit a new milestone with a record-breaking 589,000 transactions
On November 22, Terra Classic hit a new milestone with a record-breaking 589,000 transactions in a single day, a substantial increase from the previous month's average of 300,000 transactions. This surge in network activity suggests a growing user engagement and interest in Terra Classic's ecosystem.
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