Soroban on Stellar: A New Era of Smart Contracts for DeFi and dApps! 💡🔗
By July 2025, the launch of Soroban — the smart contract platform on Stellar — is one of the most significant events in the development of the network. Soroban is designed to provide a high-performance, scalable, and secure environment for decentralized applications (dApps) and DeFi. Key features of Soroban include:
WebAssembly (WASM): WASM support allows developers to write smart contracts in various programming languages (e.g., Rust), attracting a broader community of developers.
Scalability: Designed for efficient processing of a large volume of smart contract operations.
Integration with the existing Stellar network: Leverages Stellar's strengths, such as the built-in DEX and ease of token issuance. Soroban opens Stellar to much more complex and diverse use cases, including advanced DeFi protocols, NFT marketplaces, and GameFi.
