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- Stellar adds 400K new addresses and $600M in RWA tokenization.
- Dixon targets $1B Soroban TVL from current $143M.
- Push for more permissionless assets to drive long-term growth.
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Stellar CEO Denelle Dixon has set ambitious growth targets for the blockchain network following a surge in user activity and real-world asset (RWA) tokenization. In a recent interview with CoinDesk, Dixon highlighted Stellar’s rapid expansion, noting that over 400,000 new addresses were created in a single quarter while RWA tokenization exceeded $600 million during the first half of the year.
Stellar Development Foundation CEO Denelle Dixon on the growth of the Stellar network and how valuations on the network can be improved:"I love those numbers, but we need them bigger.""We need to see all these things happen."$XLM pic.twitter.com/qKnceJR49f
— ALLINCRYPTO (@RealAllinCrypto) September 10, 2025
Focus on Smart Contract TVL Growth
Dixon praised the increase in wallet adoption, citing platforms like Decaf and Vibrant that have significantly expanded their user bases on Stellar. She believes this growth signals real user engagement but stressed the need for faster expansion in total value locked (TVL), particularly on Soroban, Stellar’s smart contract platform.
Her near-term goal is to push Soroban’s TVL to $1 billion—a level she acknowledged as a “vanity number” but also a powerful signal of the network’s traction. According to DeFiLlama, Stellar’s TVL currently stands at about $143.35 million, meaning the network would need to rally by roughly 597% to hit Dixon’s target.
Driving Growth Through Asset Diversity
Beyond TVL, Dixon also emphasized the importance of asset diversity on Stellar. She noted that many existing tokenized assets are permissioned and serve specific user segments, but stressed that long-term adoption hinges on increasing the availability of permissionless assets open to all users. This broader accessibility, she argued, could significantly boost engagement and developer activity on the network.
Also Read: Stellar (XLM) Bullish SuperTrend Signals Breakout Potential
Stellar’s Evolution and Market Performance
Founded in 2014 by Ripple co-founder Jed McCaleb and Joyce Kim, Stellar was initially built to enable fast, low-cost cross-border payments. Over the years, the network has evolved into a broader blockchain ecosystem, including the launch of smart contracts last year. At the time of writing, Stellar’s native token, XLM, trades at $0.3851, up 5.35% over the past week, reflecting growing investor confidence.
With its user base expanding and RWA tokenization gaining momentum, Stellar is at a critical juncture. If Dixon’s $1 billion Soroban TVL target and push for permissionless assets succeed, the network could solidify its position as a leading blockchain platform for real-world finance.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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