The Stellar 23 'Whisk' upgrade, scheduled for September 3, 2025, aims to improve scalability and speed for the network.
What is the Stellar Whisk Upgrade?
The Stellar 23 'Whisk' upgrade is slated for launch on September 3, 2025, focusing on scalability and speed enhancements. Official guidance from Stellar.org emphasizes developer enhancements and network updates without specific price predictions.
Market Impact and Institutional Transactions
The upgrade may impact institutional transactions, but there are no official price projections. Key players include the Stellar Development Foundation, along with leaders such as Denelle Dixon, Jed McCaleb, and David Mazières. Institutional exchanges like Bithumb and Upbit have paused services, reflecting industry changes. Stellar, with $460 million in tokenized assets, is targeting transaction improvements particularly in African markets.
Community Expectations and Reactions
Developer engagement remains high, though there has been a decline in trading volume since July. Open interest for XLM has increased, but current levels may indicate a plateau. Historical upgrades like Whisk have previously led to temporary trading spikes, yet market enthusiasm appears tempered compared to past cycles.
The Stellar Whisk upgrade promises to enhance transaction processing speed and lower costs within the Stellar environment, while being managed internally by an engaged developer community.
