TLDR: Stellar developer activity hit an all-time high of 2,968 monthly active developers in June. XLM developer growth rose 125% year over year, led by Nigeria, India, Turkey and Brazil. Stellar RWAs crossed $3 billion as Q2 stablecoin transfer volume hit a record $11.4 billion. ...
- Stellar (XLM) has reached an all-time high in developer activity, surpassing Solana and Bitcoin, with significant growth driven by Nigeria, India, Turkey, and Brazil.
- The network's Real-World Assets (RWAs) have surpassed $3 billion, and stablecoin transfer volume hit a record $11.4 billion in Q2, indicating expanding real-world usage.
- Technical analysis suggests a bullish outlook for XLM, with potential long-term price targets of $4.21 and $33 in a bull case scenario.
Topics: Blockchain usage, Scalability, Institutional adoption, Non evm chains, Growth metrics, Asset manager initiatives
Tags: #stellar #xlm #developeractivity #rwa #stablecoin #nigeria #india #turkey #brazil #tokenizeddebt
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