Key Takeaways
Stellar activated Protocol 28 following a mainnet upgrade vote, introducing new contract and consensus tooling as tokenized asset activity grows.
According to CryptoSlate, Stellar activated Protocol 28 following a scheduled mainnet vote. The upgrade introduces atomic contract-fleet upgrades and new consensus tooling designed for larger smart-contract deployments. Blockchain analysis firm Chainspect reported that Stellar recently averaged over 211 transactions per second across 100 consecutive blocks, achieving its highest sustained throughput on record. However, the upgrade itself did not produce this performance gain; rather, Stellar is gradually enabling parallel transaction-set downloading.
Protocol 28 includes CAP-85, allowing developers to move groups of Soroban smart contracts to new code simultaneously using an externally managed executable. Additionally, CAP-86 introduces sparse-map functions to help migrate live contract data progressively. The release also brings consensus changes via CAP-83 to let validators progress without waiting for complete transaction sets.
These technical changes arrive as economic activity on Stellar expands. DeFiLlama data indicates stablecoin supply rose to nearly $884 million, while DeFi total value locked reached a record of roughly $319 million in August before easing to about $294 million. Furthermore, Token Terminal ranks Stellar as the third-largest blockchain by real-world asset market capitalization at approximately $3.3 billion.
Source & Fact-Check Note
This report is synthesized from coverage by CryptoSlate. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at CryptoSlate ↗
