Bullish
Stellar's XLM trading volume surges 303% post-Zipper upgrade
In the past 24 hours, Stellar's XLM token experienced a significant 303% increase in trading volume, reaching $873 million. This surge follows the deployment of the Zipper (Protocol 27) upgrade on Stellar's mainnet, which introduced enhancements like authentication delegation for custom accounts and address-bound smart contract credentials. The upgrade aims to improve account abstraction and security, potentially attracting more users and increasing market liquidity.
Key points
- Zipper upgrade enhances Stellar's blockchain capabilities, potentially attracting more users.
- 303% surge in XLM trading volume indicates increased market interest.
- No significant price movement observed despite volume increase.
Sources
AI-generated from public news sources. Not financial advice.
