Stellar Lumens (XLM) surged over a 24-hour period into Wednesday, reaching a high of $0.293 before closing at $0.2896, driven by institutional accumulation and renewed confidence in the network’s underlying architecture.
The price action followed a significant update to Stellar’s core software, adding to momentum in a high-volume environment.
On July 7, the Stellar Development Foundation published the v23.0.0rc2 release candidate for Stellar Core, marking the protocol’s next step toward broader network upgrades and ecosystem scalability. The release includes important refinements ahead of the full v23.0.0 roll-out, reinforcing trust in Stellar’s infrastructure among both developers and institutional participants.
Technically, XLM gained strength throughout the 24-hour window ending July 9 at 14:00 UTC. The rally intensified between 11:00 and 13:00 UTC, with volume spiking to 163.4M and 405.9M, more than 7x the daily average of 54.7M. Key resistance levels at $0.270 and $0.278
We współpracy z: https://www.coindesk.com/markets/2025/07/09/stellar-surges-14-before-sharp-reversal-as-network-upgrade-fuels-volatility
