XLM Price Steady at 0.255 as Falling Wedge Hints at December Rally

Stellar Lumens (XLM) price continues to hover in a narrow range, holding above the $0.25 mark. The price has stayed between $0.25 and $0.26 over the past day, reflecting market caution.

While general sentiment across the crypto market remains mixed, XLM is showing signs of renewed buyer activity around a critical historical level. Currently, the token is trading inside a broader higher-timeframe demand area between $0.20 and $0.25.

This zone was tested twice earlier in the year and saw strong buyer interest both times. XLM is once again reacting within this area, and traders are monitoring price behavior closely to gauge whether it can hold this support.

Falling Wedge Structure Shows Potential for Upside

A falling wedge formation is developing on the short-term chart. This pattern is often associated with slowing downward momentum and suggests a possible shift in trend. In this case, it is forming near the demand zone, which adds to the technical interest among traders.

Bollinger Bands show that the price remains close to the 20-period simple moving average. The upper band is at $0.2606, while the lower band sits at $0.2494. This confirms that the price is consolidating with little directional bias for now.

The Relative Strength Index (RSI 14) on the 4-hour timeframe reads 53.70. This level indicates slight bullish momentum but no strong trend direction. Unless price breaks above $0.2606 or below $0.2494 with volume, XLM may remain range-bound in the short term.

Protocol 23 Set to Boost Network Throughput

Stellar’s Protocol 23 upgrade is being seen as a technical driver for 2025. It introduces parallel execution of Soroban smart contracts. This change could scale the network to 5,000 transactions per second (TPS). By comparison, Ethereum processes 15–30 TPS on its main layer.

Developers expect this to lower transaction costs and attract new projects. The upgrade also improves Stellar’s ability to support cross-border payments, an area the network has historically focused on. With strong attention from institutional players, execution of the upgrade is being closely monitored.