Stellar (XLM), a blockchain network launched in 2014, is undergoing a pivotal evolution. Renowned for its rapid transaction processing and minimal fees, Stellar is gearing up for its Protocol 20 upgrade—a milestone that could reshape its role in the crypto ecosystem.
The Protocol 20 Upgrade: A Strategic Leap Forward
Originally slated for January 30, the upgrade was delayed to February 20 after a bug was identified in Stellar Core v20.1.0. This decision highlights the Stellar Development Foundation’s (SDF) dedication to security and consensus-driven governance.
Key Enhancements:
- Smart Contract Integration: Protocol 20 will enable Ethereum-like smart contracts, expanding Stellar’s use cases for decentralized applications (dApps) and DeFi projects.
- Developer Appeal: By supporting programmable transactions, Stellar aims to attract a wider developer community, fostering ecosystem growth.
👉 Discover how smart contracts could boost XLM’s adoption
XLM Price Analysis: Trends and Key Levels
Stellar’s native token, XLM, has shown mixed signals in recent trading:
| Metric | Value | Implication |
|---|---|---|
| Resistance | €0.1160 | Repeated failure to break higher |
| Support | €0.1110 | Strong buying interest |
| MACD/RSI | Neutral | Suggests cautious trading |
After a rejection near €0.14, XLM retested the €0.12 support zone, presenting a potential entry point within its broader uptrend.
Why Stellar’s Future Looks Promising
- Scalability: Processes 1,000–5,000 transactions per second (TPS), outperforming many Layer 1 blockchains.
- Cross-Border Efficiency: Partnerships with payment providers like MoneyGram enhance real-world utility.
- Regulatory Compliance: Focuses on compliant tokenization, appealing to institutional investors.
👉 Explore Stellar’s latest partnerships
FAQs
Q: What is the Stellar Protocol 20 upgrade?
A: It introduces smart contracts to Stellar, enabling complex decentralized applications and boosting interoperability.
Q: How does XLM’s price compare to its all-time high?
A: XLM remains below its 2018 peak (~€0.80), but Protocol 20 could reignite bullish momentum.
Q: Is Stellar a good investment in 2025?
A: While dependent on market conditions, Stellar’s upgrades and partnerships position it as a long-term contender.
Q: Where can I track XLM’s EUR price live?
A: Use reputable crypto exchanges or price-tracking platforms like CoinMarketCap for real-time data.
Final Thoughts
Stellar’s blend of speed, affordability, and upcoming smart contracts makes it a blockchain to watch. Traders should monitor the €0.1160 resistance and Protocol 20’s rollout for strategic opportunities.
Note: Always conduct independent research before investing in cryptocurrencies.