The price of Stellar Lumens (XLM) rose as much as 14.3% in 24 hours, from $0.252 to $0.293, and finally closed at $0.2896. The rise was accompanied by a surge in trading volume, peaking at 405.90 million, 7.5 times the daily average trading volume.
The price increase was mainly driven by the release of Stellar Core v23.0.0rc2, which enhances network maturity and scalability. Technical analysis shows that XLM has broken through the resistance levels of $0.270 and $0.278, with short-term support established above $0.278.
Analysis: Stellar network upgrade caused price volatility, XLM rose by 14.3% in the day
2025-07-09 15:55:56
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