Why is Stellar (XLM) worth up this week?

The Stellar token skilled a notable 11.5% improve in worth between Sept. 2 and Sept. 8, a novelty provided that and most altcoins are down for the week. The surge got here after Stellar (XLM) examined the $0.113 help degree, which marked its lowest level up to now eight weeks. The worth upswing adopted a preliminary announcement made by the Stellar group on social media.

Whereas the announcement was considerably cryptic, it hinted at one thing important occurring on Sept. 12, with phrases like “one thing cool is dropping” and “change” on the horizon.

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