With recent updates to the Stellar platform and an increase in DeFi community activity, interest in the XLM token has grown. This article explores key changes that may affect the price of XLM in the future.
Major Stellar Core Upgrade—Protocol 23
The Stellar Development Foundation has released the preliminary version of Protocol 23, which introduces several technical enhancements such as improved scalability and developer functionality. A key feature is the parallel execution of Soboran smart contracts, boosting transaction throughput and efficiency. The upgrade also implements CAP-67, introducing Unified Assets Events for simplified asset tracking and improved dApp transparency.
Growing DeFi Ecosystem
Originally, Stellar was built to facilitate fast, low-cost cross-border payments. The recent changes have transformed it into a robust platform supporting DeFi and tokenized real-world assets (RWAs). As of July, the Total Value Locked (TVL) in the Stellar Network has exceeded $100 million, indicating growing confidence in the ecosystem. This growth is largely driven by Soroban's smart contract capabilities.
What’s Next for Stellar (XLM) Price? Will it Reach $1 in 2025?
Recent price movements in Stellar indicate a potential upward trend, particularly as the token has broken a bullish pattern. Should this trend continue, it is anticipated that XLM may reach new highs as evidenced by previous price increases of over 500%. Market conditions will play a significant role in determining if prices can surpass the $1 mark.
The Protocol 23 upgrade and the activation of the DeFi community provide positive conditions for the growth of Stellar (XLM) price. However, future price movements will depend on various market factors.
