The Stellar Development Foundation released its Q2 2024 quarterly report, highlighting network growth to 8.4 million addresses, real-world asset supply exceeding $598 million, and significant progress in tokenization and Soroban adoption. The report showcases achievements including WisdomTree's expanded retail access, $7.8 million in enterprise investments, and $5 million in Stellar Community Fund awards to 107 projects.
The Stellar Development Foundation published its Q2 2024 report detailing major ecosystem milestones. Network addresses grew by over 400,000 to reach 8.4 million total, while real-world asset supply surpassed $598 million. Tokenization momentum accelerated with WisdomTree expanding its retail financial app WisdomTree Prime to 41 U.S. states. The Enterprise and Matching Funds deployed over $7.8 million in companies across Colombia, Nigeria, and the US. MoneyGram Ramps celebrated two years of operation, enabling remittances and supporting innovations like Stellar Aid Assist and the Stellar Disbursement Platform. Soroban smart contracts continued gaining traction with the Stellar Community Fund awarding over $5 million in lumens to 107 projects, 86 building on Soroban. The foundation also proposed a new state archival solution to address blockchain scalability challenges.
