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Nanotechnology has become the focus of scientific research due to its widespread and effective use. Silver nanoparticles (AgNPs) were produced utilizing Stachys spectabilis, and their antioxidant effect and catalytic degradation of methylene blue were investigated. The structure of ss-AgNPs was clarified by spectroscopy. FTIR demonstrated the possible functional group responsible for reducing agents. The absorption at 498 nm in the UV–Vis measurement verified the nanoparticle structure. XRD measurement demonstrated the nanoparticles to be face-centered cubic crystalline structures. TEM image proved the nanoparticles as spherical, and the size was determined as 10.8 nm. The intense signals at 2.8–3.5 keV in EDX confirmed desired product. The observation of zeta potential at −12.8 mV indicated the stability of nanoparticles. The nanoparticles can degrade the methylene blue with 54% at 40 h. The antioxidant effect of extract and nanoparticles was performed by ABTS radical cation, DPPH free radical scavenging, and FRAP assay. Nanoparticles revealed excellent ABTS activity (4.42 ± 0.10) in comparison to the standard BHT (7.12 ± 0.10). ss-AgNPs may be a promising agent for the pharmacy. • Silver nanoparticles were synthesized using Stachys spectabilis leaves. • UV–Vis, FTIR, XRD, TEM, EDX were used for elucidation of nanoparticles. • Nanoparticles displayed the outstanding antioxidant activity. • Nanoparticles synthesized from this plant can be used for clean technology. • Nanoparticles could be a promising agent for pharmaceutical industry. [ABSTRACT FROM AUTHOR]