Stellar Price Today, Live Chart & History

Stellar
XLM
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$0.247801
0.00000276 BTC
Marketcap
$7,980,451,604
Volume (24h)
$246,174,397
Circulating Supply
32,179,874,578 XLM
Total Supply
50,001,786,884 XLM

Stellar (XLM) Price Chart

Explore the Stellar (XLM) live price chart for in-depth insights into its market performance.

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Stellar (XLM) Price History

Delve into the Stellar (XLM) price history to understand its long-term value trends.

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Historical Price for Stellar
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Stellar (XLM) to USD Converter

Use our Stellar to USD converter to seamlessly convert Stellar (XLM) for accurate financial planning.

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What is Stellar?

Stellar is a public blockchain platform that uses the Stellar consensus protocol (SCP). The node that finds next valid block is chosen by federated byzantine agreement. This makes the blockchain centralized permission based, as opposed to decentralized blockchains like Bitcoin or Ethereum. Stellar is a community driven open source project launched in November 2014 and written on C++. It is maintained and supervised by non-profit organisation Stellar.org.

The main purpose of creating this ockchain was to expands access to low-cost financial services. Stellar operates with its own token Lumen, supply of which increases a fixed rate of 1% a year. Main difference from Bitcoin is that it is based on the SCP consensus algorithm rather than mining, which means transactions are being confirmed within 2-7 seconds. Stellar has an SDKs that allows users to connect to the blockchain with external software written in Java, Golang, JavaScript, C#, Ruby, Python, Scala, iOS or any other software using REST API. Each transaction has a cost of 100 Stroops (0.00001 Lumens).

Stellar is mainly used by Money transfer companies like Tempo, Eurochange and TransferTo and mobile financial services providers like Coins.ph.

 

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