Stellar Surges Past 217 TPS Amid Altcoin Market Downturn
The Stellar network has reached a new milestone in terms of transaction processing speed, reaching 217.4 transactions per second (TPS). This increase is largely due to the influx of funds from RWA, which have flooded the network. The surge in TPS is a positive sign for the network's scalability and ability to handle increased traffic.
The market has been under pressure recently, with Bitcoin falling below $83,000 on Friday as the altcoin rally reversed. However, some assets such as QNT and HBAR have bucked this trend, defying the broader selloff in the altcoin market.