Stellar Market Consolidates After Protocol 26 Upgrade

The Stellar ($XLM) market is currently experiencing a period of consolidation, following the successful completion of the Protocol 26 'Yardstick' testnet upgrade on April 16.

This upgrade is part of a larger effort to enhance institutional-grade scalability and smart contract flexibility via Soroban, which could potentially attract more institutional investors to the platform.

The market's volatility has been relatively low in recent days, with XLM trading at around $0.17. However, the Relative Strength Index (RSI) is perfectly neutral, indicating a coiled spring that may soon snap and trigger a major move.