Stellar Lumens gains 3% ahead of network infrastructure overhaul

Stellar Lumens (XLM) has displayed resilience against selling pressure, gaining 3% to reach 0.36 USD. With support at 0.35 USD and resistance at 0.37 USD, trading volumes above the average suggest robust institutional engagement ahead of the Protocol 23 upgrade.

The upcoming enhancements from Protocol 23 are expected to improve Stellar’s blockchain infrastructure. Traders are optimistic about further gains, provided volume momentum continues, as the market anticipates increased utility for the network’s real-world assets.

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