In August 2025, Stellar (XLM), one of the oldest platforms in the blockchain industry focusing on cross-border payments and financial inclusion, recorded several milestones.
What are these records, and what do they mean for the price of XLM? This article explains them in detail.
1. The total TVL of Stellar reached $152 million.
The first record is the total value locked (TVL) for Stellar, which reached an all-time high (ATH) of $152.11 million.
DeFiLlama data shows that Stellar's TVL rose significantly from $84 million in July to over $150 million in August, an increase of more than 80%.
Among the key contributors to this growth are protocols like Blend, Stellar DEX, and Aquarius Stellar. Blend is a standardized liquidity protocol that allows anyone to create flexible lending markets. Stellar DEX and Aquarius Stellar are emerging decentralized exchanges on the Stellar network, attracting new capital flows.
Although this number is still modest compared to decentralized finance (DeFi) protocols worth billions of dollars in TVL, it represents a significant increase. This reflects the growing interest in the Stellar ecosystem in the decentralized finance sector.
2. The number of XLM accounts surpassed 9.6 million.
The second record is the number of XLM accounts, which reached a new peak exceeding 9.69 million. Stellar Expert data indicates a significant expansion of the network.
Despite the significant volatility the market has experienced since 2016, Stellar continues to enjoy widespread adoption.
Artemis states that between 5,000 and 6,000 new addresses are created daily, increasing the growing account base.
The report indicates a close relationship between XLM and XRP. The investor base of these two alternative currencies overlaps significantly. As a result, the rise of XRP in 2025 also helped attract new users to XLM.
This record is important for Stellar's mission. It shows that the platform is on the path to mainstreaming financial services, with millions of new users joining to transfer money, store value, or participate in decentralized finance (DeFi).
However, the rapid increase in the number of accounts poses a challenge for the network to improve scalability to avoid congestion, especially if transaction volumes increase.
3. Significant increase in XLM supply on exchanges.
Not all records are positive. The third record is the amount of XLM on exchanges, which reached an all-time high, with over 1.03 billion XLM ready for sale.
Binance's proof of reserves report publicly revealed that its XLM wallet address is "GBAI...GPA". According to a Stellar expert, the balance of this address increased significantly between 2024 and 2025, reaching a peak of 1,033,411,975 XLM in July and August 2025.
XLM reserves on the Binance platform.
This record serves as a warning. Trading large amounts of XLM on exchanges could lead to intense sell-offs, especially if the market faces disruptions or negative news.
In this context, the Stellar 23 protocol upgrade plays a crucial role. According to an announcement on platform X, the schedule includes a restart of the test network on August 14, and a vote on the main network upgrade on September 3.
The protocol is expected to provide 23 significant performance improvements, reduce costs, and expand the capabilities of the Stellar blockchain.
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