Analysis: Stellar network upgrade triggered price fluctuations, with XLM increasing by 14.3% within the day "
According to online reports, Stellar Lumens(XLM) prices rose as high as 14.3% in 24 hours, from US$0.252 to US$0.293, and finally closed at US$0.2896. The rise was accompanied by a surge in trading volume, peaking at 405.9 million pieces, 7.5 times the average daily trading volume. The price increase is mainly driven by the release of Stellar Core v23.0.0rc2, which enhances network maturity and scalability. Technical analysis shows that XLM has exceeded the resistance levels of US$0.270 and US$0.278, and short-term support is established above US$0.278.
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