Stellar Activates Protocol 28, Network Throughput Reaches All-Time High, RWA Market Cap Hits $3.3 Billion
The Stellar blockchain activated Protocol 28 on September 17, introducing tools designed to simplify smart contract deployment and data migration. This upgrade coincides with the network reaching new performance milestones, with blockchain analytics firm Chainspect data showing Stellar's average transaction processing speed exceeding 211 transactions per second over 100 consecutive blocks, setting a new historical high for sustained throughput. Additionally, the stablecoin supply on the Stellar network has grown to nearly $884 million, and its real-world asset (RWA) market capitalization is approximately $3.3 billion, having increased by $149.4 million in the past 30 days, ranking it as the third-largest RWA blockchain.
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