The Stellar Development Foundation released its Q4 2024 report highlighting a transformative year with 18 billion network operations, $32 billion in payment volume, and significant ecosystem growth including 640% Soroban TVL expansion and Protocol 22 upgrade.
The Stellar Development Foundation's Q4 2024 report showcases major achievements across technical, ecosystem, and real-world impact categories. Technical highlights include Soroban TVL growing 640% to $52M, Protocol 22 enabling enhanced privacy and scalability, and over 1M smart contract transactions processed. The ecosystem ranked 9th fastest-growing with 500+ new developers, new wallet integrations via Blend protocol, and four new MoneyGram Ramps wallets including the first hardware wallet integration. Real-world impact includes selection for the Wyoming Stablecoin initiative, expanded UNHCR partnerships, and healthcare worker payroll support in Syria through the Stellar Disbursement Platform. The network processed 18 billion total operations with $32 billion in payment volume and only $126K in fees.
