Stellar's Soroban smart contracts platform went live on mainnet after two years of testing, enabling developers to build decentralized applications. The SDF allocated $100 million to a Soroban adoption fund that has already supported over 160 projects.
The Stellar Development Foundation launched Soroban, a WebAssembly-based smart contracts platform, marking a major upgrade to the Stellar network. After a two-year testing phase, Soroban's mainnet phase 2 went live, allowing creation of user-ready decentralized applications and expanding Stellar's use beyond crypto payments into DeFi and other financial services. SDF established a $100 million Soroban adoption fund to support ecosystem development, which has already funded over 160 projects including bridge protocols like Axelar and Allbridge, the Band Protocol oracle, and DeFi applications like Sworoswap and Blend.
