Stellar (XLM): Price, Charts and Market Cap

Stellar Stellar website
Symbol XLM
Nature Coin
Brief The Stellar Lumens project was developed in 2014 amid widespread criticism of Ripple cryptocurrency. Many users and analysts blamed the developers of this cryptocurrency for a centralized approach to development.
Discussion https://www.stellar.org/blog/
Last updated: Wednesday, October 28, 2020 5:00:03AM UTC
Crypto Volatility Index (CVIX): 53
Current price, USD: 0.081514
Market capitalization, USD: 1 700 292 213
Available supply: 20 858 997 273 XLM
Volume 24 hours, USD: 165 212 415
Mineable No

Stellar general information

General XLM facts, technical details and general information about Stellar crypto currency


The Stellar Lumens project was developed in 2014 amid widespread criticism of Ripple cryptocurrency. Many users and analysts blamed the developers of this cryptocurrency for a centralized approach to development. As a result, the idea came up to create a fork with the same principles, but with an emphasis on the decentralization of the system.

Stellar's API and SDKs are ready to help you transform the world of finance, and the network’s currency connections could give even a small company the power and reach of an international bank. Here's what you can build with a few lines of code

The main purpose of cryptocurrency is internal functionality, system support payments and investments. Therefore, to assess the potential and development prospects, attention is to be paid not to digital currency itself, but to the Stellar Lumens platform. The original name is Stellar, later changed to Lumens. The developers do not set as their goal just making their own digital currency a full-fledged means of payment or intermediary virtual currency for exchange.

The Stellar platform was founded by Jed McCaleb and Joyce Kim as a fork of Ripple (XRP) in 2014. At first it worked on the protocol of Ripple, but then in 2015 an original Stellar protocol with open source code was created, and the units of the crypto currency were named stellar, though now they are often also called lumens.

Why did Stellar project founders decide to separate from a very promising platform? The reason is Ripple is still being harshly criticized by many experts for being a completely centralized platform controlled by Ripple Labs company; Ripple’s code has been closed for a long time. Stellar was meant to be “a killer” platform by giving the same benefits as Ripple avoiding its flaws.

Stellar is a fairly fast and scalable open source platform that already supports up to several thousand transactions per second; transaction confirmation time does not exceed 2-5 seconds. The platform can transfer various currencies, crypto-currencies, tokens and so on. To confirm transactions, SCP protocol is used instead of the usual Proof-of-Work. The platform allows you to use both multi-signature and smart contracts. A total of about 100 billion coins have been created, and a fixed annual inflation of 1% is also present.

Stellar makes it possible to create, send, and trade digital representations of all forms of money: dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network.

All coins are issued initially, so this crypto currency is not mineable. Most of the issued coins belong to the non-profit organization Stellar.org, which provides support and development for the Stellar network. The main mission of this organization was the fight against poverty, creating every inhabitant of the world access to open and low-cost financial instruments, cheap loans and reliable savings accounts.

Historical data for Stellar

We list daily Stellar historical data for the past 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Oct 19 0.079550 0.079550 0.086533 1 780 273 347
Oct 20 0.085248 0.081364 0.086448 1 699 396 922
Oct 21 0.080906 0.080906 0.085891 1 769 260 496
Oct 22 0.083780 0.083780 0.086570 1 790 111 241
Oct 23 0.085281 0.083498 0.086118 1 746 200 468
Oct 24 0.083515 0.083515 0.085765 1 780 904 744
Oct 25 0.085438 0.082712 0.085541 1 724 869 583
Oct 26 0.083143 0.080537 0.084023 1 691 824 322
Oct 27 0.080907 0.080907 0.082902 1 704 614 576
Oct 28 0.081781 0.081476 0.081996 1 700 292 213

XLM/USD Exchange Rates


XLM to USD price chart — 7 days

XLM to USD price chart — 30 days

XLM to USD price chart — 60 days

XLM to USD price chart — 6 months

Stellar

Stellar (XLM) price change (24h)

XLM price change 24 hours -0.31%
XLM price change 7 days -2.19%

Stellar (XLM) Short Term Forecast

After Price Change
1 day $0.082122 0.75%
1 week
1 month
6 months
1 year
Stellar Price Prediction

Stellar Comments & Reviews

Cryptocurrencies have shown some revival in recent times. Altcoins have become real stars coming to the end of the work week. So, Cardano (ADA) rose by 34%, Chainlink (LINK) - by 30%, Stellar (XLM) - by 39%, VeChain (VET) - by 101%; Dogecoin (DOGE)...

NeoBeum   July 11, 2020   XLM


XLM looks like it’s about to get flushed down the toilet. According to trustworthy TA, XLM is on track to visit 6 cents and below. It’s currently fluctuating between 9-11 cents, so it can potentially see another 50% devaluation. Although the tech is...

Jareb543   August 22, 2019   XLM


I really don’t understand why XLM isn’t totally mooning right now. After World Wire and all their announcements, how is XLM not just a top 3 coin by now. I’m patiently waiting, as I believe that XLM is going to make it. One thing that’s for sure is...

Carlos   April 14, 2019   XLM


XLM and IBM presented wordwire to the world. This is a direct competitor to SWIFT, which is a globally recognized payment processor. Blockchain is shaking traditional ways we send money, and XLM is the first to realize this. It's surprising that the...

Jed   March 25, 2019   XLM


Stellar is one of the top ranking projects for a reason. XLM and IBM are going to be the first to market because Jesse Lund has already stated that they will debut World Wire with over 60 banks- all of which will use XLM as the native currency...

Clara   March 7, 2019   XLM


Stellar Reviews

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Stellar News & Forecasts

We publish the most accurate Stellar Forecasts and News including crypto industry experts' opinion on a daily basis