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Although Stellar (XLM) has declined over the past 24 hours in line with the broader market pullback, it is striving to remain resilient through network growth and institutional initiatives.
Current data for XLM:
Price: XLM is currently trading in the $0.178–$0.182 range (approximately 8.19 TL–8.20 TL) and has lost about 6% of its value in the last 24 hours.
Technical Status: Showing signs of a breakout from a "falling wedge" pattern on weekly charts, XLM is attempting to hold the $0.181 support level. For upward momentum to regain strength, the $0.208 level must be decisively surpassed.
Key Developments: * Network Growth: Total Value Locked (TVL) on the Stellar network hit a record $244 million, while stablecoin liquidity within the network reached $809 million.
New Protocol and Integrations: The Stellar Development Foundation co-founded a new "LCP" (Legal Context Protocol) standard designed to record the legal framework for AI transactions. Additionally, Zebec Network launched its global payroll platform (Zebec Enterprise)—which handles an annual volume of $500 million—on the Stellar network.