Stellar Lumens is set up to challenge Ethereum in the smart contract space after the launch of the Soroban project.
The Ripple rival is looking to dominate the market, and with the launch of the smart contracts platform and its innovative financial technology infrastructure, it is set up to lead its rivals.
Earlier this year, the Stellar Development Foundation (SDF) confirmed the launch of the much-anticipated Soroban platform. Deployed through the “Protocol 20” upgrade, which was deemed the greatest upgrade since the launch of the Stellar Lumens network, this platform sees the network rival Ethereum.
As CNF reported, with the new Soroban project, the network will compete with Ethereum, which has been the leader in the smart contract space. It will further enable the network, which was primarily built as a payment blockchain, to attract developers, users, and new applications.
With the capability to host decentralized applications (DApps) and smart contracts, this marks a new era f

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