Eligible Trader

Stellar has just activated Protocol 28, following the September 16 mainnet upgrade vote. The network also recorded a sustained 211+ TPS across 100 consecutive blocks, a new throughput record. 🚀 Why Protocol 28 matters CAP-85: enables atomic upgrades across groups of Soroban smart contracts. CAP-86: makes contract-data migrations more flexible. CAP-83: improves consensus handling and supports faster transaction-set processing. The 211 TPS record should not be attributed entirely to Protocol 28; parallel transaction-set downloading is being rolled out gradually. Stellar's ecosystem is also seeing substantial activity in stablecoins, DeFi and tokenized real-world assets. 📊 XLM market view XLM was reported around $0.18–$0.186 around the Protocol 28 activation, with roughly a 4% intraday rise at one point. Short-term: bullish catalyst, but confirmation should come from price/volume rather than the upgrade headline alone. Key levels to watch: Support: ~$0.18 Resistance: ~$0.186–$0.19 A sustained break above resistance could strengthen the bullish setup. Losing ~$0.18 would weaken the immediate momentum. Bottom line: Protocol 28 is a meaningful infrastructure upgrade, while the 211 TPS milestone demonstrates improving real-world throughput. The important next catalyst is whether developers and applications actually adopt the new capabilities. #StellarActivatesProtocol28At211TPS #XLM #SECGrantsInnovationExemptionForTokenizedStocks #XRPGains3%AsRippleAddsMPPSupport #levelsabovemagical $XLM $ONE $ETC