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XLM Surges as Stellar Activates Protocol 28 Upgrade

Guavy AI Editorial Team Published September 20, 2026

Instruments

XLM

XLM price jumped 3.79% to $0.1985 on September 19, after Stellar activated Protocol 28 and achieved 211 transactions per second across 100 blocks.

The upgrade introduced consensus tooling and contract-migration capabilities, supporting the development of Soroban smart contracts.

XLM now trades above its middle Bollinger Band near $0.19277, while the upper band stands at $0.21832, marking higher technical areas.

Stellar's network processes around $3.3 billion in tokenized real-world assets and nearly $884 million in stablecoins.

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