XLM now trades inside a narrow band after the first volatile hours, a setup that shapes how easily coins change hands and how prices are found. Mixed signals appear on the chart while volume has risen, keeping both a push higher and a drop lower in play. The backdrop spans Protocol 23’s throughput goal and shifting regulation that could influence listings and capital flows.
The chart sends conflicting messages. Some indicators lean toward a break above clear resistance that would lift price, while others warn of a pullback. Volume has climbed, showing more wallets are active and adding extra depth to each tick, which can sharpen price discovery inside the current range.
Protocol 23 sits at the center of the story. The upgrade plans to lift throughput to 5,000 TPS so that large players feel safe to use the chain—TPS counts how many transactions the network handles each second. Stellar also hosts real world assets, with RedSwan Digital Real Estate locking $100 million of property tokens on the ledger, underscoring the network’s institutional-facing use cases.
XLM rules with Protocol 23
A Nasdaq index may list XLM if the SEC agrees—such a step would signal looser treatment of some altcoins. Still, shifting laws shape how much capital enters and how long it stays, keeping regulatory outcomes as a key variable for sentiment and liquidity.
Protocol 23 targets 5,000 TPS built for institutions, RWA activity includes $100 million tokenized real estate on Stellar, the chart stays mixed with room for both rally and drop, and any Nasdaq entry still needs an SEC nod.
Watchers eye March for a possible upward break; they model a 13.34% climb to a range of $0.258–$0.394 (midpoint $0.316). Whether the band breaks up or down will hinge on Protocol 23 going live or PayPal USD joining the chain, keeping execution and partnerships as the decisive catalysts.
