Per the Stellar exec, the testnet will roll out on Wednesday, September 20 at 15:00 UTC. Testnet nodes will have to install the latest versions of the Stellar Core and Horizon.
Once the stable release is out, Stellar expects mainnet validators to schedule an upgrade vote determining the potential date for the public network upgrade. The vote date will be for six weeks after the stable releases.
“Because the Protocol 20 upgrade introduces new network settings that validators control, it is also likely that the initial upgrade vote will be followed by a series of additional votes to adjust those settings,” Rice added.
The price of XLM, native Stellar token, was hovering at $0.11 – just in the green in the past 24 hours.
However, XLM/USD was down 7.5% in the past week and was struggling for upside momentum following recent declines from highs of $0.13. The upswing and subsequent losses followed Stellar’s teasing of a major development that turned to be a “buy the rumour, sell the news,” scenario.
This means XLM is poised near the key support level of $0.10, below which sellers could target $0.09 and then $0.07. On the upside, resistance is likely at year-to-date highs around $0.16.
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