Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Stellar to invest $100 million to develop Soroban smart contract application

Stellar to invest $100 million to develop Soroban smart contract application

Cointime2024/03/19 13:24
By: Cointime
XLM-2.24%ETH-3.22%

The Stellar Development Foundation will invest $100 million to allow developers to create applications for its platform. The foundation is launching the Soroban smart contract platform, which will provide Stellar with a better foundation to compete with Ethereum. Previously, Stellar was only used for processing cryptocurrency payments, but the launch of Soroban will allow developers to create blockchain applications on the chain. Soroban will undergo a two-year testing phase that will end 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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — BARD/USDT!
Bitget Announcement2025/09/19 07:28
BTC/ETH VIP Earn Ultimate Carnival is officially here!
Bitget Announcement2025/09/18 07:12
New spot margin trading pair — FLOCK/USDT!
Bitget Announcement2025/09/18 06:55
0GUSDT now launched for pre-market futures trading
Bitget Announcement2025/09/18 05:39

Trending news

More
1
New spot margin trading pair — BARD/USDT!
2
BTC/ETH VIP Earn Ultimate Carnival is officially here!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,208.23
-1.82%
Ethereum
Ethereum
ETH
$4,449.71
-3.08%
XRP
XRP
XRP
$2.99
-3.78%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$979.93
-0.82%
Solana
Solana
SOL
$237.03
-4.66%
USDC
USDC
USDC
$0.9997
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2656
-5.82%
TRON
TRON
TRX
$0.3444
-1.73%
Cardano
Cardano
ADA
$0.8963
-3.48%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter