CoinVoice has learned that, according to CoinDesk, the price of Stellar Lumens (XLM) has surged by as much as 14.3% in the past 24 hours, rising from $0.252 to $0.293, and ultimately closing at $0.2896. This increase was accompanied by a spike in trading volume, peaking at 405.9 million coins, which is 7.5 times the average daily trading volume.

The price rise was primarily driven by the release of Stellar Core v23.0.0rc2, which enhanced the network's maturity and scalability. Technical analysis shows that XLM has broken through resistance levels of $0.270 and $0.278, with short-term support established above $0.278. [Original link]