Stellar (XLM) processed 14.16 million transactions on October 23, marking its busiest day of the month
Stellar (XLM) processed 14.16 million transactions on October 23, marking its busiest day of the month, with fees remaining at $0.00012. The network's average operation processing speed on that day was 163.9 transactions per second (tx/s), with spikes reaching 224.6 TPS on October 24. This activity surge follows recent code updates, including the Protocol 28 ("Adapter") upgrade in September and the launch of Chainlink price data feeds on October 14. The transaction peak was driven by an inflow of large capital into the stablecoin and tokenized real-world asset (RWA) sectors. According to a Q3 2025 report, the total financial volume of transactions on the Stellar network reached $33.2 billion (+71% quarter over quarter), with stablecoin transfers growing by 121% to $25.1 billion. Stellar currently ranks second globally among L1 networks by active developers, with almost four thousand specialists.
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