DeFi· ★★★· bullish·

Stellar Activates Protocol 28 Amid Record TPS and RWA Growth

  • —Protocol 28 was activated on September 17 following the mainnet vote
  • —Average throughput reached 211 TPS over 100 blocks, a network record
  • —RWA on Stellar stands at $3.3 billion, third among blockchains, up $149.4 million in 30 days
  • —Stablecoins on the network grew to $884 million, DeFi TVL is around $294 million
Why it matters: The upgrade simplifies the migration of smart contracts and data, which is critical as tokenized assets grow on the network.
#XLM
Source: CryptoSlate
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