Stellar Lumens (XLM) experienced a 3% increase amid preparations for a significant network upgrade, Protocol 23, which aims to enhance its infrastructure and interoperability. The cryptocurrency rose from $0.36 to $0.37 between September 1 and 2, supported by strong trading volumes and increasing institutional interest. Notably, South Korean exchanges Bithumb and Upbit will temporarily halt deposits and withdrawals for XLM in preparation for the upgrade, indicating a proactive approach to integrating real-world assets, with approximately $460 million already tokenized on the network. With the advance in price, XLM demonstrated consolidation around the $0.36 mark and faced resistance at $0.37. Continual accumulative activities and institutional participation suggest potential for further gains if trading volume remains high. The upgrade represents a vital step towards expanding Stellar's utility, particularly in sectors such as mobile payments, highlighting a growing narrative of enterprise adoption.

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