Soroban, a smart contract platform for the Stellar network, is preparing for its mainnet launch and has already garnered significant engagement from the community. The platform boasts features such as flexibility, scalability, and a tunable gas model to ensure a strong correlation between compute resources and fees. It also addresses challenges faced by other smart contracts in terms of speed, security, and user-friendliness.

Soroban provides funding opportunities for developers through the Stellar Community Fund and the SCF Bootcamp. While the price of XLM has not responded much to this milestone, some analysts predict that the adoption of Soroban could significantly impact its value.