May was a dynamic month for Stellar featuring major global events (Consensus in Toronto, Ledger Leaders Week in Mexico City), new DeFi adoption programs (Hana Wallet & Balanced rewards, Dogstar Protocol), and significant technical upgrades including Stellar Core's TPS nearly doubling to 2,032.
Stellar achieved significant momentum in May through extensive global engagement, including a 10-day Builder Summit at Consensus in Toronto and community outreach in Mexico City. The ecosystem launched multiple user adoption initiatives: Hana Wallet & Balanced's Stellar Summer Rewards program offering up to $30,000, and Dogstar Protocol's $20,000 prize pool. Key technical developments included Stellar Core v22.3.0 nearly doubling max TPS from 1,079 to 2,032, security competitions offering $335,000 in bounties, and new platform launches like OrbitCDP for collateralized stablecoin issuance. Integration partnerships expanded with Privy, Rain, Blindpay, and Hot Wallet, while the ecosystem demonstrated real-world impact through a GIZ case study showing Stellar enabling efficient digital payroll for 900 Syrian hospital workers. The SDF reported 942,000 active wallets and $3.4 billion in RWA-related payments in Q1 2025.
