(XLM) Recent Performance#
🚀 Recent Performance and Current Context
Last week, the value of XLM rose by nearly 75%, due to expectations surrounding the upcoming Protocol 23 upgrade, which enhances the performance and efficiency of the network, especially the use of smart contracts on the Soroban platform. The upgrade is set to take effect in August 2025 after a community vote and approval.
The currency recorded an increase of 12.57% over the last 24 hours, reaching about $0.43, reflecting increased activity on the network and growing adoption from users and institutions.
🔮 What about the future?
Technical estimates indicate resistance levels at prices like $0.40–$0.43, and the price could reach $0.45–$0.60 if the upward momentum continues or breaks mental levels like $0.681 or higher.
2025 forecasts suggest a price range between $0.22 and $0.87, with the potential to reach $1.44 as a high target if the network continues to grow and gain institutional adoption.