coin icon

Stellar Price

(XLM)

$0.1871
0.00%(5m)

1m5m15m1h8h1d1W
Stellar (XLM) Live Price Chart

    Stellar Live Price Data

    The live price of Stellar is 0.1871, with a total trading volume of -- in the last 24 hours. The price of Stellar changed by +1.85% in the past day, and its value has increased by +0.53% over the last week. With a circulating supply of 34.16B XLM, the market cap of Stellar is currently 0 , marking a +1.85% increase today. Stellar currently ranks #13 in market cap.

    How do you feel about XLM today?

    Note: This data is for reference only.
    pk

    XLM(XLM) Profile

    altRank13
    rateBBB
    Expand
    $0.1832
    $0.1893

    ATH
    $0.93814403
    Price Change (1h)
    0.00%
    Price Change (24h)
    +1.85%
    Price Change (7d)
    +0.53%
    Market Cap
    24h Volume
    Circulating Supply
    34.16B
    Max Supply
    50B

    About Stellar

    • What is Stellar (XLM)?

      Stellar is an open-source, public network that lets its users store and conduct digital transactions of money. The platform leverages the power of blockchain technology to decentralize transfer of payments in a faster, energy efficient and highly affordable manner.

      Stellar Lumens (XLM) is the native token within the Stellar network.Also known as Lumens, XLM tokens make it possible for Stellar’s users to send and receive money across the world in a faster manner than traditional fiat currencies.

      Lumens or XLM offer an extremely low cost method to conduct almost real-time cross-border transactions, letting Stellar compete with established global payment providers. Unlike other services that charge high transaction fees, a transaction of any amount on the Stellar network costs only 0.00001 XLM, which works out to a few cents.

      Stellar payment network is a promising project in the blockchain space, thanks to its partnership with IBM on the World Wire project. The initiative lets mainstream financial institutions leverage Stellar’s blockchain for conducting transactions using bridge assets such as stablecoins.

      You can learn more about Stellar(XLM) at our KuCoin Blog.

    • Who Created Stellar?

      Stellar was co-founded by Jed McCaleb, the original CTO at Ripple, along with his partner Joyce Kim in 2014. The team formed the non-profit organization Stellar Development Foundation (SDF) with a goal to improve financial access and inclusion. Stripe’s CEO Patrick Collison was a co-collaborator on the SDF, investing $3 million in exchange for 2 billion XLM tokens.

      Stellar aims to ramp up the adoption of crypto assets over fiat currencies, with a key focus area being low transaction costs. The blockchain protocol aims to make it easier for moving money across borders without the hassles of centralized financial infrastructure that is costly from the perspectives of time and money.

      After a ledger fork in 2014, Stellar updated its consensus mechanism to Stellar Consensus Protocol. The brains behind this consensus algorithm which rolled back hours of transactions was chief scientist at Stellar Development Foundation, David Mazières.

      At the time of launch, the SDF created a total of 100 billion XLM tokens with a 1% annual issuance rate. This annual issuance rate was removed from Stellar in October 2019 as the team of developers felt that it did not benefit the protocol.

    • What is Stellar’s XLM Used For?

      The Stellar protocol uses Lumens or XLM primarily to prevent fraudulent behaviors within its ecosystem. Each account created on the network requires a minimum balance of 1 XLM while the minimum transaction fee has been set at 0.00001 XLM.

      XLM serves as the native asset of Stellar. Users who wish to make transactions using Stellar’s infrastructure can do so by converting their existing capital into XLM which then gets transferred to the intended recipient. The recipient can then convert XLM back into fiat or their choice.

      Stellar’s XLM token facilitates transactions within the network. It functions as a medium of exchange, letting users transact otherwise illiquid assets using its technology.

      Stellar also issues grants in the form of XLM coins to developers who can create and implement applications for its technology and further the adoption of its ecosystem. In addition, it serves as a store of value which can be traded on leading cryptocurrency exchanges in addition to the Stellar network.

    FAQ

    • How much is 1 Stellar (XLM) worth?

    • Is Stellar XLM a Good Investment?

    • How High Can XLM Price Go?

    • How to Earn XLM Crypto

    • How Many Stellar XLM Coins Are in Circulation?

    • Can XLM be Staked or Mined?

    • What is the all-time high price of Stellar (XLM)?

    • What is the all-time low price of Stellar (XLM)?

    • How much Stellar (XLM) is there in circulation?

    • How do I store Stellar (XLM)?