Stellar Smashes Transaction Speed Record, Tokenization Fuels Price Surge
Stellar's (XLM) price surged 8.11% after the network achieved an all-time record for transaction speed, processing 217.4 transactions per second.
This milestone was driven by increased tokenization of assets such as government bonds and stablecoins, with the platform now managing $2.75 billion in tokenized real-world assets.
The growth in tokenization has led to heightened network activity and adoption, with trading volumes surging above 30-day averages.