Stellar's 2025 year in review highlights record adoption with 21.5 billion operations, 10.3 million users, and 1 billion in real-world assets. Major institutions like Franklin Templeton, PayPal, and the Marshall Islands deployed production systems on Stellar, while protocol upgrades WISC and X-Ray enabled enterprise-scale performance and privacy.
The Stellar Development Foundation presented its 2025 year in review, showcasing the network's emergence as production infrastructure for global finance. Key metrics include 21.5 billion operations processed, 3.6 billion transactions, 99.99% uptime, and 10.3 million unique users. Real-world assets surpassed 1 billion in value, with Franklin Templeton issuing 580 million in tokenized treasuries and PayPal deploying PUSD stablecoin. The Marshall Islands launched the first on-chain universal basic income distribution. Protocol upgrades WISC increased throughput to 3,000 TPS and reduced smart contract costs by 70 percent, while X-Ray added zero-knowledge cryptography primitives for privacy. The developer community grew 171 percent over three years, significantly outpacing industry trends. SDF outlined 2026 priorities focused on asset adoption, institutional enablement, and core network advancement.
