A unique $10 million financing line has been formed under the community fund of the non-profit Stellar Development Fund, although it is only accessible for certain programs. Developers who work on enhancing Soroban, the new smart contract platform created for Stellar (XLM), will thus be eligible to apply for funding from the new fund.
To aid in its development, a $100 million Soroban Adoption Fund was also started earlier.
Another breakthrough relating to Soroban was previously disclosed at the end of January. The BucketListDB method, which combines two existing data structures to improve efficiency and performance, was introduced by Stellar.
(XLM) stellar insights
It’s remarkable how much demand there is for Stellar given all the large money and technological efforts. As a result, 7.28 million accounts are presently active on the network, according to StellarChain, which is over 3 million more than in XRP Ledger.
39 transactions are made on Stellar per second, which is on par with and even significantly more than Ethereum. The same source claims that 3.32 million transactions have passed via the blockchain in the previous 24 hours.