Stellar Soars 288%: Is $1 Just a Text Away? 🚀💰

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Well, hello there! According to CoinGecko, our dear friend Stellar (XLM) has been on quite the journey, rocketing up 288% over the last year. That’s like winning the lottery, but with math! 🎉 Bitcoin and Ethereum, those old school cool kids, only managed 88% and 73% respectively. Who’s the star now? 🌟

But let’s get real, at the moment, Stellar is chilling at just 0.3% higher, sitting pretty at $0.36. It’s like when you’re trying to get to the next level in a video game, but you just can’t seem to find that last key. 🗝️

If we’re talking about what’s ahead, the immediate resistance is at the daily SMA 50, which is a fancy way of saying $0.416. Then there’s $0.433, $0.49, and $0.52. Clear those, and who knows? Maybe Stellar will aim for the big $1, marking a 177% increase from where it is now. That’s like going from a tiny apartment to a mansion! 🏠

But hey, let’s not get too excited. Support is at the daily SMA 200, which is $0.312. Chances are, it might just hang out here for a bit, like when you’re waiting for your coffee to brew. ☕️

The good news keeps coming, though. Stellar’s network is getting a major upgrade called “Whisk” (because who doesn’t love a good whisk?). It’s like giving your car a turbo boost, but for a blockchain. 🚗💨

Stellar Whisk Upgrade

On Sept. 3 at 5 p.m. GMT, the Stellar public network validators will vote to upgrade to Protocol 23, aka Whisk. Here’s what they had to say:

Whisk (P23) goes live today, September 3

Biggest DX boost for Stellar since smart contracts
-Unified Events → one event format for ops + contracts
-Parallel Processing → faster txs, lower fees, smoother scaling

⏰ 17:00 UTC / 1PM EST

– Build on Stellar (@BuildOnStellar) September 3, 2025

Whisk, or Protocol 23, is the biggest developer experience (DX) boost for Stellar since smart contracts hit the scene. It’s bringing eight new Core Advancement Proposals (CAPs) to the mainnet, which is like adding eight new levels to your favorite video game. 🎮

Over the past decade, 22 versions of the Stellar protocol have been implemented, each one voted on and accepted by Stellar validators. Whisk is the 23rd, and it’s a doozy. 🎉

And in even more exciting news, the Department of Commerce is putting economic data, including quarterly GDP data, on various blockchains, and guess what? Stellar’s on the list! It’s like being invited to the cool party. 🥳

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2025-09-03 20:43