Stellar (XLM) Clocks Busiest Day of Month With 14.16 Million Transactions

Stellar blockchain platform recorded its highest daily load over the past month. Over the day of October 23, the network processed 14.16 million transactions. Data from the analytics tracker Chainspect shows that the average operation processing speed on that day was 163.9 tx/s. The high pace persisted into the next day as well: at certain periods on October 24, throughput produced new spikes, reaching 224.6 TPS. The key point of this event is the network's economic stability under pressure. Unlike most major blockchains, where a multifold increase in traffic immediately clogs the network and drives up gas costs, Stellar kept the average fee at $0.00012. A similar spike in activity occurred on October 11 (12 million transactions at 139 TPS), and the cost of transfers remained just as low.

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