Stellar Network Sees Record-Breaking Activity Amid Low Fees

Key Summary

Stellar's transaction fees hit a 7-day low, coinciding with record-breaking network activity, including a peak of 12 million transactions processed on October 11, averaging 139.15 transactions per second. The low fees and high activity demonstrate the network's ability to process transactions at a minimal cost while maintaining substantial activity. This follows the recent Stellar Protocol 28 upgrade, which brought about improvements that allowed faster consensus and reduced transaction delays.