Stellar activates Protocol 28 as tokenized assets reach $3.3 billion

  • Stellar activated Protocol 28 on mainnet after a September validator vote.
  • CAP-85 enables atomic upgrades, while CAP-86 adds sparse functions for migrations.
  • Stellar sustained over 211 TPS across 100 consecutive ledgers, separate from Protocol 28.

Stellar activated Protocol 28, known as Adapter, on its mainnet after a validator vote in September. The upgrade adds Soroban smart-contract management tools, including CAP-85 for atomic upgrades across contract groups and CAP-86 sparse functions designed to support data migrations. CAP-83 changes parts of the consensus process to improve handling of delayed or invalid transaction sets. Stellar sustained more than 211 transactions per second across 100 consecutive ledgers, although the record was not attributable to Protocol 28 alone and also reflected parallel transaction-set downloading. The network now hosts about $3.3 billion in tokenized assets, while stablecoin supply is near $884 million. XLM previously rose 3.79% to $0.1985 around the activation and later traded near $0.19, reaching a local high near $0.203.

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