- Stellar (XLM) surges to a year high after Soroban’s update on Futurenet.
- Bullish momentum prevails in the XLM market with widening Bollinger bands.
- Caution is advised as XLMUSD enters mildly overbought territory.
On July 14, 2023, Soroban Preview Release 10 went live on Futurenet, a significant update for the Stellar ecosystem announced by Stellar developer Tomer Weller. Since the update’s inception, investors and developers have been gaining optimism for Stellar in anticipation of the new features and enhancements.
Soroban is a powerful tool designed to improve the Stellar network’s functionality and efficiency. It adds new features and enhancements to make transactions faster and more secure. With this update, users can expect a smoother experience and increased confidence in the Stellar ecosystem.
Soroban Preview Release 10 is now live on Futurenet. Three reasons why this is a major milestone (1/10)— Tomer Weller (@tomerweller) July 13, 2023
As a result, bullish momentum has dominated the XLM market since its outset, with prices rising to a year high of $0.183 before encountering stiff resistance. In the last 24 hours, the XLM price has ranged be…
The post Soroban Update Skyrockets XLM Price to 2023 Highs: Are More Gains in Store? appeared first on Coin Edition.
The post Soroban Update Skyrockets XLM Price to 2023 Highs: Are More Gains in Store? appeared first on Coin Edition.