Value of Assets Locked in Stellar Network Reaches $273 Million

The total value of assets locked in the Stellar network reached a record high of approximately $273 million as of October 2. This increase indicates that the capital flow within the Stellar ecosystem continues alongside a rise in user participation. According to DeFiLlama data, this surpasses the previous level of $265 million from a week ago. Stellar, as an open-source blockchain network, focuses on cross-border payment infrastructure and operates with its native asset, XLM. Additionally, the market capitalization of stablecoins in the Stellar ecosystem has reached $934.54 million, while the size of managed active real-world assets has grown to $2.82 billion. The decentralized exchange volume in the last 24 hours was $3.38 million. The number of active addresses has risen to 94,972, approaching the threshold of 100,000. These figures reveal that Stellar continues to grow in the DeFi space and expand its on-chain use cases.

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