|Stellar (XLM)||Buy Stellar Now|
|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.|
|Change 7d||3.70%||Market Cap||$3 037 860 320|
|Available supply||25 481 651 659 XLM|
|Volume 24h||$137 565 204|
|Updated||Tuesday, October 4, 2022 1:00:06PM UTC|
General XLM facts, technical details and Stellar Cryptocurrency information
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.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Sep 25||0.118230||0.117751||0.122916||2 998 166 560|
|Sep 26||0.117369||0.112890||0.117828||2 888 329 507|
|Sep 27||0.113616||0.110258||0.116479||2 814 016 433|
|Sep 28||0.110340||0.107333||0.110340||2 771 778 384|
|Sep 29||0.108338||0.107283||0.116493||2 937 396 909|
|Sep 30||0.115500||0.113679||0.116479||2 917 460 993|
|Oct 01||0.114420||0.114399||0.121709||3 091 583 908|
|Oct 02||0.121352||0.119180||0.122258||3 036 933 957|
|Oct 03||0.118558||0.114535||0.120167||2 972 712 813|
|Oct 04||0.116941||0.115819||0.119651||3 037 860 320|
* Crypto Rating accepts no liability for any errors in the Stellar information, XLM Prices and XLM's Market Cap. For the most up-to-date prices please visit the Stellar's official website.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||87.6%||20||$19 947.39||3.63%||-1.75%||$382 369 238 889|
|2||ETH||Ethereum predictions||63.6%||82||$1 351.01||3.89%||-3.12%||$165 698 908 342|
|3||USDT||Tether predictions||92.4%||1||$1.000139||0.01%||0.01%||$67 958 881 228|
|4||BNB||Binance Coin predictions||90.8%||15||$292.38||2.14%||2.98%||$47 172 398 458|
|5||USDC||USD Coin predictions||94.4%||1||$0.999939||-0.01%||-0.01%||$47 033 032 643|
|6||XRP||XRP predictions||61.6%||86||$0.470361||5.01%||-0.77%||$23 471 346 889|
|7||BUSD||Binance USD predictions||92.4%||1||$1.000315||0.10%||-0.03%||$21 048 857 281|
|8||ADA||Cardano predictions||74.8%||46||$0.431465||1.94%||-5.77%||$14 779 010 315|
|9||SOL||Solana predictions||87.6%||22||$33.68||3.12%||-3.95%||$11 960 746 922|
|10||STETH||Lido stETH predictions||92.4%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||DOGE||Dogecoin predictions||88.8%||14||$0.060661||0.82%||-3.25%||$8 047 931 990|
|12||DOT||Polkadot predictions||65.2%||68||$6.47||2.65%||-4.06%||$7 260 332 773|
|13||MATIC||Polygon predictions||67.2%||61||$0.828688||6.82%||5.76%||$7 238 024 558|
|14||DAI||Dai predictions||91.6%||1||$0.999942||0.02%||0.01%||$6 786 494 749|
|15||WTRX||Wrapped TRON predictions||93.6%||5||$0.061398||0.40%||1.26%||$6 242 711 894|
The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin...
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