Stellar (XLM) | Buy Stellar Now |
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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. | |
CVIX | 69 |
Current price | $0.124232 |
Change 24h | -6.35% |
Change 7d | -18.45% | Market Cap | $3 563 226 037 |
Available supply | 28 681 979 477 XLM |
Volume 24h | $235 196 337 |
Updated | Tuesday, March 19, 2024 6:00:04AM UTC |
Nature | Coin |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $0.091476 | -26.37% |
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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, $ |
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Mar 10 | 0.142575 | 0.137973 | 0.144703 | 3 950 113 885 |
Mar 11 | 0.139884 | 0.136110 | 0.160534 | 4 546 568 495 |
Mar 12 | 0.156989 | 0.147084 | 0.156989 | 4 266 866 527 |
Mar 13 | 0.149310 | 0.146949 | 0.153283 | 4 300 291 468 |
Mar 14 | 0.150932 | 0.140663 | 0.150932 | 4 140 658 226 |
Mar 15 | 0.144596 | 0.132402 | 0.144596 | 3 889 263 931 |
Mar 16 | 0.136926 | 0.129369 | 0.141967 | 3 723 182 945 |
Mar 17 | 0.129263 | 0.125995 | 0.132908 | 3 803 570 376 |
Mar 18 | 0.132094 | 0.125930 | 0.132436 | 3 747 709 664 |
Mar 19 | 0.135339 | 0.124232 | 0.135339 | 3 563 226 037 |
* 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 | 61.6% | 76 | $65 090.19 | -5.25% | -9.60% | $1 279 555 112 568 | ||
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2 | ETH | Ethereum predictions | 67.6% | 68 | $3 379.11 | -6.99% | -16.39% | $405 754 785 379 | ||
3 | USDT | Tether predictions | 95.2% | 1 | $1.000007 | 0.06% | 0% | $103 618 893 601 | ||
4 | SOL | Solana predictions | 62.4% | 79 | $184.83 | -9.17% | 20.08% | $82 043 545 485 | ||
5 | BNB | Binance Coin predictions | 56.8% | 90 | $527.75 | -8.11% | -1.90% | $78 919 512 164 | ||
6 | XRP | XRP predictions | 72% | 59 | $0.599404 | -4.26% | -14.22% | $32 847 476 435 | ||
7 | USDC | USD Coin predictions | 90.4% | 2 | $0.999997 | 0% | 0.02% | $31 272 500 680 | ||
8 | ADA | Cardano predictions | 62.4% | 76 | $0.624087 | -9.54% | -18.21% | $22 195 492 579 | ||
9 | AVAX | Avalanche predictions | 67.6% | 73 | $57.38 | -7.12% | 17.71% | $21 651 056 467 | ||
10 | DOGE | Dogecoin predictions | 59.6% | 89 | $0.132276 | -13.22% | -24.13% | $18 985 102 511 | ||
11 | SHIB | SHIBA INU predictions | 57.6% | 94 | $0.000025 | -12.61% | -23.71% | $14 909 937 329 | ||
12 | DOT | Polkadot predictions | 56.4% | 87 | $9.25 | -9.25% | -15.26% | $13 161 949 208 | ||
13 | TON | Toncoin predictions | 64.8% | 69 | $3.76 | -6.02% | -0.03% | $13 045 098 189 | ||
14 | WTRX | Wrapped TRON predictions | 87.2% | 21 | $0.122324 | -2.90% | -8.03% | $10 743 759 398 | ||
15 | TRX | TRON predictions | 84.4% | 19 | $0.121978 | -3.54% | -8.29% | $10 713 352 969 |
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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The Thailand SEC has just decided to expand its list of ICO friendly cryptocurrencies, adding three new coins. According to the regulator...
eToro, a forex broker and social trading platform, announced it is expanding its cryptocurencies poirtfolio with Stellar lumens (XLM). Stellar is the eighth cryptocurrency that is now available for trade on eToro platform...
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