Stellar Protocol 28 Goes Live as Tokenized Assets Hit $3.3 Billion

Key Facts

1Stellar Protocol 28 has officially gone live on the mainnet, introducing technical improvements including CAP-85, CAP-86, and CAP-83.

2The Stellar network recorded a processing speed of 211 transactions per second (TPS) as tokenized assets reached $3.3 billion.

In a move reflecting the ongoing evolution of blockchain infrastructure for financial transactions, Stellar Protocol 28 has officially gone live on the mainnet following a validator vote. The upgrade, technically known as "Adapter," introduces core improvements including CAP-85, CAP-86, and CAP-83, which aim to enhance tokenized asset functionality and network resilience. According to reports, this update primarily focuses on developer tools and the data management of Soroban smart contracts.

This technical launch coincided with significant growth in the network's ecosystem, as Stellar recorded a processing speed of 211 transactions per second (TPS) across 100 consecutive ledgers. Data also revealed that tokenized real-world assets (RWAs) on the network have reached $3.3 billion, while the stablecoin supply is approaching $884 million. These figures reinforce the network's position as a leading platform for tokenized assets and stablecoin issuance.

Looking ahead, traders are monitoring how these technical enhancements will impact institutional adoption of the Soroban smart contract platform. Given that current price data for the XLM token is unavailable as of September 21, 2026, the focus remains on the sustainability of high throughput rates and the continued growth of tokenized assets as key factors for evaluating the network's future performance.