Stellar Announces Smart Contract Platform “Soroban”, XLM’s Price Reacts With 10% Profits

Stellar Announces Smart Contract Platform “Soroban”, XLM’s Price Reacts With 10% Profits


The Stellar (XLM) Development Foundation celebrated the launch of a preview for their upcoming smart contract platform, called “Soroban”. As part of their “Project Jump Cannon”, the initiative behind the development of the platform, the organization has invited developers to create their own contracts.

Soroban’s announcement has been highly anticipated by Stellar (XLM) users. This platform might provide the network with new use cases, and a new wave of adoption, and might provide it with the capabilities to compete with major blockchains, such as Ethereum.

Per an official post, Stellar’s smart contracts follow the project vision of providing users with an accessible, user-friendly, and scalable platform. The team behind the project claims Soroban has the potential to become the “standard for smart contracts” in the

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