Stellar Protocol 23 upgrade
Stellar ($XLM) demonstrates resilience at $0.31, despite a general downturn in the cryptocurrency market, driven by the recent Protocol 23 upgrade. This upgrade enhances the network’s capacity to 5,000 transactions per second (TPS), attracting increased enterprise interest. Additionally, Archax has announced a significant partnership for tokenization valued at $460 million, further supporting Stellar’s position. The combination of these developments has contributed to $XLM’s stability in a challenging market environment. As the cryptocurrency landscape evolves, Stellar’s advancements may position it favorably among enterprises seeking efficient blockchain solutions.
