Stellar Development Foundation burned 55 billion XLM (worth $4.4 billion), reducing total supply to 50 billion. SDF will redirect remaining funds toward blockchain development, ecosystem partnerships, and a new $4.4 billion Enterprise Fund for strategic investments.
The Stellar Development Foundation announced a major token burn of 55 billion XLM, reducing total supply from 105 billion to 50 billion tokens. The foundation is restructuring its strategy to focus remaining funds on Stellar blockchain development, fostering use cases, and supporting network partnerships. A new Stellar Enterprise Fund will deploy 8 billion XLM to directly invest in or acquire businesses with potential for the ecosystem. SDF is sunsetting most giveaway programs, having burned 50 of 68 billion tokens allocated to airdrops, though will continue selective airdrops with high-traction apps. The announcement drove XLM price up over 20%.