XLM Surges 7.92% as Stellar Protocol 23 Upgrade and $445M Tokenization Drive Institutional Interest

Stellar (XLMUSDT) has experienced a notable price increase of 7.92% over the past 24 hours, currently trading at 0.3897 USDT on Binance. This upward movement is primarily attributed to the upcoming Stellar Protocol 23 upgrade, which introduces smart contracts and scaling improvements, as well as increased institutional adoption, exemplified by Franklin Templeton's use of the Stellar network for tokenizing $445 million in US Treasuries. The recent surge in trading volume, with 24-hour figures exceeding $2.3 billion, reflects heightened market interest and activity, further supported by broader positive sentiment in the cryptocurrency market. XLM's price has fluctuated between $0.3024 and $0.4078 in the last 24 hours, with a market capitalization ranging from $12.03 billion to $12.69 billion and a circulating supply of approximately 31.06 billion tokens.