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News February 5, 2025

Stellar Development Foundation Quarterly Review: Q4 2024

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Stellar Development Foundation Quarterly Review: Q4 2024

The Stellar Development Foundation (SDF) presented its Q4 2024 review, highlighting significant milestones for the Stellar Network. During the year, Stellar surpassed 18 billion total transactions, indicating strong market adoption. The network was recognized as the ninth fastest-growing ecosystem by Electric Capital, showcasing significant momentum despite its decade-long history. SDF’s strategic focus on North Stars—ensuring future-proof sustainability, everyday financial service access, and a trustworthy tech stack—was emphasized, with major efforts on smart contracts and ecosystem expansions. Partnerships with entities like UNHCR further pushed Stellar’s utility, expanding its footprint in markets such as Argentina. The review also touched on the remarkable integration of blockchain with financial tools like Franklin Templeton’s Benji token and highlighted strategic investments in partners that expand Stellar’s reach and utility. Moving forward, SDF plans to boost network usage and adoption, aiming for pivotal roles in DeFi and RWAs, showcasing Stellar’s competitive edge in financial services.