Wednesday

Stellar

Coin

<ul class="news-points"> 
 <li>Stellar completed the testnet for its Protocol 20 upgrade while XLM’s price fell.</li> 
 <li>The value of XLM could hit $0.10 if selling pressure continues.</li> 
 <li>A reversal could occur if the RSI value hits 25.00, marking a good entry point.</li> 
</ul> 
On September 20, <a href="https://coinedition.com/tag/stellar-xlm/" rel="noopener noreferrer nofollow">Stellar (XLM)</a> completed its protocol 20 upgrade, geared at introducing support for businesses and developers building on the Stellar network. According to Stellar, the upgrade was a complex one, and by far the biggest since the project launched. 
While the upgrade on Wednesday was only a testnet version, Stellar in its blog post on September 18, revealed that developers may now access support for Soroban smart contracts on the network. 
<h2 class="wp-block-heading" id="h-stellar-s-testnet-fails-to-move-xlm"><a></a>Stellar’s Testnet Fails to Move XLM</h2> 
For the unfamiliar, Soroban smart contracts are built on Stellar’s network to enable the smooth functioning of <a href="https://coinedition.com/what-is-decentralized-application-dapps-everything-you-need-to-know/" rel="noopener noreferrer nofollow">decentralized applications (dApps)</a>. Meanwhile, Stellar also disclosed that the protocol 20 upgrade mainnet may take six weeks. 
Following the upgrade, <a href="https://coinedition.com/stellar-xlm-price-prediction/" rel="noopener noreferrer nofollow">XLM’s price</a> dropped by 4.17%. This was a little bit surprising as most of Stellar’s upgrades have resulted in a positive move for XLM. At the time of writing, XLM exchanged hands … 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/stellars-protocol-20-upgrade-has-a-surprising-effect-on-xlm/">Stellar’s Protocol 20 Upgrade Has A Surprising Effect on XLM</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Stellar’s Protocol 20 Upgrade Has A Surprising Effect on XLM

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