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Stellar current price is $0.1196.

Stellar current price is $0.1196 with a marketcap of $3.05 B. Its price is 3.78% up in last 24 hours.


Buy / Sell Stellar
  • stellar
    Stellar (XLM)
  • Live Price
    $0.1196
  • 24h %
    3.78%
  • Market Cap
    $3.05 B
  • Volume
    $119.19 M
  • Available Supply
    25.48 B XLM
  • Rank
    27

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★ More Info About Stellar

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 ExchangeThrough 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/

Stellar Historical Data

Date Price Volume MarketCap

Stellar Markets / Exchanges

# Exchange Pair Price Volume (24h) Updated Trust Score

Stellar Twitter News Feed

After two new hardware wallets (Nano X and S+) and more than 10 blockchain protocols added to Ledger Live, @SnearK6 is now Head of Developer Ecosystem at @Ledger! Listen to his journey on the latest episode of Tech Talks with @tomerweller: https://www.youtube.com/watch?v=UnZ88Fo8qpE

Session alert 📢 ‘Founders Fireside Chat with @JedMcCaleb and @dmazieres' moderated by @LaurenThor on Oct. 11 at 10:30 am. #Meridian2022

Register before tomorrow: https://meridian.stellar.org

Session alert 📢 ‘Welcome to Meridian + Fireside Chat with @alexisohanian' and @DenelleDixon on Oct. 11 at 10:00 am. #Meridian2022

Register before tomorrow: https://meridian.stellar.org

9 days 'til #Meridian2022, and 2 days left to register!

Don't miss out on the opportunity to connect with the Stellar community, developers, and global financial leaders in Rome, Italy, from Oct 11-13.

Register by Oct. 4: https://meridian.stellar.org

Session alert 📢 ‘Enabling the Future of Work' with @richy_lema, @rubengsp, @JonChest, & Carolyn Yi on Oct. 12 at 2:00 pm. #Meridian2022

Register before Oct. 4: https://meridian.stellar.org

Session alert 📢 ‘Disrupting and Scaling Enterprise Payment Solutions with Crypto' with @bebrites, Guy Hadar, @sureshr7, & @louisabai on Oct. 12 at 1:00 pm. #Meridian2022

Register before Oct. 4: https://meridian.stellar.org

Session alert 📢 ‘Liquidity and Capital: The Primary Drivers of Any Market' with @FfilMeng, @alierhat, & Markus Paulson-Luna on Oct. 12 at 4:10 pm. #Meridian2022

Register before Oct. 4: https://meridian.stellar.org

The SCF and its predecessor have supported Stellar-based businesses and developers since 2016, making the fund one of the oldest in blockchain history!

Take a ride on the WayBackMachine and discover how it has evolved to date👇https://medium.com/stellar-community/the-history-of-the-stellar-community-fund-344d0f53297c

Session alert 📢 ‘Spark Your Inner Entrepreneur: Mini-Stellar Community Fund' with @anke_g_liu on Oct. 11 at 4:00 pm. #Meridian2022

Register before Oct. 4: https://meridian.stellar.org

Full house on the #ConvergeSF22 Main Stage for ‘Global Money Transmission Without the Friction’ with @DenelleDixon, @hrazzaghi of @circlepay, & Luther Maday of @MoneyGram 💡

Session alert 📢 ‘Improving TPS: Data Flow Optimization and Validation Through Simulation' with Hidenori Shinohara on Oct. 11 at 3:10 pm. #Meridian2022

Register before Oct. 4: https://meridian.stellar.org

Session alert 📢 ‘Beyond Marketing: What is Real TPS?’ with @VincentGramoli on Oct. 11 at 2:40 pm. #Meridian2022

Register before Oct. 4: https://meridian.stellar.org

You are cordially invited to the Meridian Gala Party 💌

Join us for a night of fun on DAY 2 of #Meridian2022 — Register for Meridian to RSVP today: http://meridian.stellar.org

Session alert 📢 ‘BucketListDB: Next Generation Blockchain Database’ with Garand Tyson on Oct. 11 at 1:40 pm. #Meridian2022

Register before Oct. 4: https://meridian.stellar.org

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