The text-wrap CSS property, which gained "Newly available" Baseline status in 2024, is supported by the latest versions of popular web browsers and is essential for managing how text is displayed when it exceeds its container space. The property offers several values—wrap, nowrap, balance, pretty, and stable—that allow developers to control text wrapping behavior for better readability and visual appeal. While 'wrap' is the default, 'balance' ensures symmetrical lines, and 'pretty' prevents orphans, though both can be computationally expensive. 'Stable' aims to maintain consistent text as users edit content, though it currently functions like 'wrap.' Despite potential performance impacts, these values enhance user experience by improving readability through line balancing and preventing distracting typographic issues. However, their implementation varies across browsers, with some limitations in place to mitigate performance concerns.