$XLM Recent developments with Stellar (XLM) suggest growing momentum and strategic moves in the market. Here are the key highlights:

1. Market Movements:

XLM experienced a major outflow of $63 million from cryptocurrency exchanges, a bullish signal that suggests long-term investors and whales are moving tokens into private wallets. This typically indicates reduced selling pressure and anticipation of future price growth.

The token is currently in a price correction phase, consolidating within a range of $0.42 to $0.60. Technical indicators like the 200-day Exponential Moving Average (EMA) and Relative Strength Index (RSI) support the potential for upward movement once consolidation ends.

2. Protocol 22 Upgrade:

Stellar validators are preparing to vote on the mainnet upgrade to Protocol 22. Successful implementation of this upgrade could bring increased market confidence and potentially drive upward price movement.

3. Business Partnerships:

Stellar continues to expand its role in institutional finance. One key development is its ongoing collaboration with Franklin Templeton, which has issued its RWA token (BENJI) on the Stellar blockchain. This initiative is part of an effort to tokenize traditional financial assets like the Franklin OnChain U.S. Government Money Fund (FOBXX). While not a full transition of Franklin Templeton’s $1.6 trillion in assets, it represents a step toward the tokenization of real-world assets.

These developments indicate that Stellar is strengthening its position in both the crypto and traditional financial markets. The Protocol 22 upgrade and partnerships like the one with Franklin Templeton could enhance Stellar's use case as a bridge between traditional finance and blockchain technology. $BTC $HBAR