Stellar's Price Rises 0.628% as Foundation Strengthens Leadership

Stellar's latest price was $0.4539, up 0.628% in the last 24 hours. The Stellar Development Foundation has made significant executive appointments, bringing on former PayPal blockchain lead José Fernández da Ponte. Jason Karsh, previously with Block (formerly Square) and Blockchain.com, has also joined the foundation as Chief Marketing Officer. These additions aim to strengthen leadership as Stellar focuses on strategic growth and adoption.

Operationally, Stellar has reported record network activity during July 2025. The platform achieved a historic milestone with its total value locked (TVL) reaching $140.7 million. This surge in TVL accompanies notable growth in on-chain transactions and newly created addresses, indicating increased network utilization and user adoption.

Significant progress in decentralization goals has been announced by the Stellar Development Foundation. The roadmap now explicitly targets expanding the number of tier-1 validators from the current seven to thirteen by the fourth quarter of 2025. This initiative underscores a commitment to enhancing network security and resilience through greater validator distribution.

Further highlighting technical developments, the network continues to demonstrate robust performance metrics. Analysis confirms sustained high transaction volumes along with the consistent creation of new addresses, marking key operational milestones that reflect growing network usage and ecosystem development.