Stellar (XLM) Experiences Huge 300,000 Transaction Surge Amidst Price Weakness

A recent surge in Stellar’s network activity is generating buzz despite the token’s current price struggles. Over 265 million transactions were processed on a daily basis over the past day, representing a significant jump compared to May and June averages. This increase in usage, potentially driven by enterprise integrations or DeFi involvement, warrants closer observation while the token trades around $0.258 after experiencing more than 3% price drops during recent trading sessions.