Stellar to invest $100 million to develop Soroban smart contract application
The Stellar Development Foundation will invest $100 million to allow developers to develop applications for the platform. The foundation is launching the Soroban smart contract platform, which will give Stellar a better foundation to compete with Ethereum. Stellar has previously only been used to process cryptocurrency payments, with the launch of Soroban enabling developers to create blockchain applications on-chain, with Soroban ending its two-year testing phase in January 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Launchpool project STABLE is now open for staking, with a total prize pool of 47.85 million STABLE.
BitMine increased its holdings by approximately 138,400 ETH last week, with total holdings exceeding 3.86 million ETH.
Tether USDT recognized as an accepted fiat-referenced token in ADGM, available on multiple major blockchains
UK FCA plans to simplify retail investment rules, allowing high-net-worth individuals to opt for higher-risk products
Trending news
MoreCrypto prices
More
