Overview

• Chart data shows a falling wedge pattern that could propel XLM toward $0.5183 and potentially $0.6365 if broken upward
• Stellar’s transactions climbed 14% over the past month while active addresses rose 81% and network fees increased by 120%
• Protocol 23 upgrade begins with a testnet reset on August 14 and moves to a mainnet upgrade vote on September 3
• On-chain figures reveal a growing number of wallets holding more than 10 million XLM, indicating strengthened long-term investor confidence
• Traders are watching the $0.43 resistance level as a critical milestone for confirming sustained upside from the current setup