XLM Price Surges 4% After Stellar Activates Protocol 28

The Stellar network activated Protocol 28 on September 17, leading to a 4% price increase for XLM. The token's price rose from $0.186 to $0.1985 after the upgrade went live.

Protocol 28 introduces new consensus tools and contract-migration features, supporting the ongoing rollout of the Soroban smart contracts platform.

The network's growth has strengthened Stellar's position within the real-world asset narrative, with over $3.3 billion in tokenized assets now supported by the network.