XRP Rival Stellar (XLM) Ignites Ecosystem Revolution with Protocol 20 Upgrade
🔥Ecosystem Evolution Unleashed
September 20 marked a pivotal moment as Stellar Lumens (XLM), often seen as a formidable rival to XRP, readied itself for an epoch-making protocol upgrade—Protocol 20. This upgrade isn't just about enhancement; it's about sparking an evolution in the Stellar ecosystem while setting the stage for a heated rivalry with XRP.
🟢A Monumental Feat
Protocol 20 isn't your run-of-the-mill upgrade; it's the most intricate one to date. While the basics of preparation—updating Stellar-related software—remain consistent, the process is more intricate and unfolds deliberately due to its sheer complexity.
🟢What Lies Ahead
This upgrade introduces the candidate version of Stellar Core and Horizon. Mainnet validators are poised to schedule an upgrade vote in six weeks, followed by additional votes to fine-tune the new network settings under their control.
🟢Ready, Set, Upgrade
Users are urged to update their SDK to the latest version to prepare for the upgrade. This isn't exclusive to Soroban-related operations; it's crucial for all users. Infrastructure operators must install the latest Horizon and Stellar Core versions. Validators should configure for consensus participation, armed with the necessary stated codes.
🟢The Spectacular Soroban
Soroban, Stellar Lumen's smart contract platform unveiled last year, has been a head-turner. Developers were drawn to its unparalleled flexibility, scalability, and unshakable security. It enabled secure decentralized applications across diverse use cases.
🔥XLM's Market Rally
Investors are feeling bullish about XLM. Recent times have seen a 0.19% increase, pushing the native asset to $0.11. Despite market fluctuations, XLM has demonstrated a substantial 24% gain over the last 90 days, reaffirming its potential in the crypto arena.
