Stellar Stellar XLM
Stellar Price (XLM) $ 0.327733 (USD) -3.30316%

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Stellar (XLM) price graph

What is Stellar (XLM) ?

The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized. Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially. Distributed Exchange Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency. For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user. This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network. Lumens (XLM) Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost. In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network. Prior to Protocol 12, Stellar had a built-in inflation mechanism conceived to allow account holders to collectively direct inflation-generated lumens toward projects built on Stellar. As the network evolved and grew, it became increasingly clear that inflation wasn’t working as intended — account holders either didn’t set their inflation destination or joined inflation pools to claim the inflation themselves, and the operational costs associated with inflation payments continued to rise — and so a protocol change to disable inflation was proposed, implemented, voted on by validators, and ultimately adopted as part of a network upgrade. The inflation operation is now deprecated. https://developers.stellar.org/docs/glossary/inflation/

What is the current price of Stellar (XLM) ?

The recent Stellar (XLM) price today is $0.327733 USD. We update our XLM to USD on frequent basis. The current Stellar situation is down -3.30316% in last 24 hours. The current grepget rank is #25. Stellar has a circulating supply of 24,354,307,782.4243 XLM coins and a max supply of 50,001,802,514.5721 XLM coins.

Stellar
XLM
Stellar
USD
USD
United state Dollar
Stellar Market Cap
Market Cap $8.0 billion USD
-2.91572%
Fully Diluted Market Cap $16.4 billion USD

Stellar Price Statistics

Stellar Price Today
Stellar Price $ 0.327733USD
-3.30316%
Price Change 24h $-0.0112 USD
24h Low / 24h High $0USD / $0USD
Market Rank #25
Stellar Supply
Circulating Supply 24,354,307,782.4243
Total Supply 50,001,802,514.5721
Max Supply 50,001,802,514.5721

Top 10 cryptocurrency ranking

#1 Bitcoin Bitcoin (BTC) $ 56,559.0
#2 Ethereum Ethereum (ETH) $ 4,544.72
#3 Binance Coin Binance Coin (BNB) $ 624.0
#4 Tether Tether (USDT) $ 1.0
#5 Solana Solana (SOL) $ 224.99
#6 Cardano Cardano (ADA) $ 1.73
#7 XRP XRP (XRP) $ 0.974868
#8 USD Coin USD Coin (USDC) $ 1.0
#9 Polkadot Polkadot (DOT) $ 36.13
#10 Dogecoin Dogecoin (DOGE) $ 0.215421
Stellar 24hr exchanges
# Exchanges Symbol Price High Price Low Price Volume Trade Count
1 Binance USD Buy XLMBTC 0.00000577 0.00000588 0.00000565 233.26 20,860
2 Binance USD Buy XLMETH 0.00007190 0.00007240 0.00007020 178.47 2,242
3 Binance USD Buy XLMBNB 0.00052300 0.00052930 0.00051350 1,793.36 3,375
4 Binance USD Buy XLMUSDT 0.32410000 0.34040000 0.31690000 33,843,002.74 111,408
5 Binance USD Buy XLMPAX 0.00000000 0.00000000 0.00000000 0.0 0
6 Binance USD Buy XLMTUSD 0.00000000 0.00000000 0.00000000 0.0 0
7 Binance USD Buy XLMUSDC 0.00000000 0.00000000 0.00000000 0.0 0
8 Binance USD Buy XLMBUSD 0.32430000 0.34060000 0.31740000 3,179,698.31 11,193
9 Binance USD Buy XLMUPUSDT 0.05721000 0.06471000 0.05409000 461,882.57 4,050
10 Binance USD Buy XLMDOWNUSDT 3.63 3.77 3.25 189,240.35 2,035
11 Binance USD Buy XLMEUR 0.28620000 0.30020000 0.28030000 908,778.05 3,333
12 Binance USD Buy XLMTRY 4.43 4.54 4.38 18,689,487.44 11,855