Stellar (XLM) has secured its spot as one of the most active blockchains in the world, according to new data released by Chainspect, which ranks networks by total transactions since their token generation events (TGEs).
With an impressive 71.1 billion transactions, Stellar trails only XRP Ledger (262 billion) and Solana (94.1 billion), a remarkable testament to its steady, real-world adoption.
Stellar’s Consistent Network Growth
The Stellar Development Foundation (SDF) highlighted the achievement with a simple yet powerful post on X: “We’ve been busy.” The data underscores Stellar’s reliability and continued relevance in an increasingly competitive Layer-1 landscape.
We've been busy 😤 https://t.co/DmDrOuI4ny
— Stellar (@StellarOrg) October 28, 2025
Built to power fast, low-cost cross-border payments and asset issuance, Stellar has remained one of the most used enterprise blockchains for financial institutions, remittance providers, and tokenized assets. Its architecture allows for near-instant settlement at fractions of a cent, which continues to attract fintech firms seeking scalable payment infrastructure.
How Stellar Compares
According to Chainspect’s 2025 leaderboard, the most used blockchains by total transactions are:
- XRP Ledger: 262B
- Solana: 94.1B
- Stellar: 71.1B
- Tron: 20.9B
- BNB Chain: 11.9B
Notably, Stellar outpaces major networks like Ethereum (3.2B), Polygon (5.4B), and Arbitrum (1.6B), emphasizing its position as a high-throughput, utility-driven network rather than a speculative chain.
Driving Forces Behind Stellar’s Momentum
Stellar’s strong transaction count reflects its expanding role in the tokenized finance ecosystem, including projects focused on central bank digital currencies (CBDCs), asset tokenization, and cross-border settlements. Its partnerships with entities like MoneyGram, Circle (USDC), and Franklin Templeton have further reinforced its real-world relevance.
In 2025, Stellar’s focus on smart contracts through Soroban, its native smart-contract platform, is expected to unlock even more use cases, from decentralized finance (DeFi) to programmable payments, bringing Stellar closer to competing directly with leading smart-contract ecosystems.
Outlook
As the blockchain industry continues to evolve toward real-world adoption and tokenized money flows, Stellar’s efficiency and regulatory alignment make it a leading infrastructure choice for institutional applications. Its continued dominance in transaction volume reinforces its role as one of crypto’s most quietly powerful networks.