Stellar current price is $0.1952.

Stellar current price is $0.1952 with a marketcap of $4.13 B. Its price is -8.86% down in last 24 hours.

Buy / Sell Stellar

Stellar (XLM)
Live Price
$0.1952
24h %
-8.86%
Market Cap
$4.13 B
Volume
$3.15 B
Available Supply
21.13 B XLM
Rank
11

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More Info About Coin

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 Exchange Through 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. The collected fee is then redistributed and added to an inflation pool. This inflation pool releases Lumens at a rate of 1% each year.

Historical Data

Date	Price	Volume	MarketCap

Markets / Exchanges

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#	Exchange	Pair	Price	Volume (24h)	Updated

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Twitter News Feed

StellarFollow

Retweet on Twitter Stellar Retweeted

Kolten @KoltenB_·

25 Jun

Be aware: There are no active giveaways, social promotions, or "staking events.” Protect your account from scammers, read our security guide:

https://www.stellar.org/blog/stellar-security-guide-protect-scammers

Reply on Twitter 1276276412681519106 Retweet on Twitter 127627641268151910665 Like on Twitter 1276276412681519106132 Twitter 1276276412681519106

Stellar@StellarOrg·

24 Nov

Learn how @ClickPesa is making cross-border B2B payments easier in East Africa with #Stellar.

https://stellardf.org/370YeXY

Reply on Twitter 1331359397084270594 Retweet on Twitter 133135939708427059441 Like on Twitter 1331359397084270594158 Twitter 1331359397084270594

Retweet on Twitter Stellar Retweeted

Kolten @KoltenB_·

24 Nov

I recently made some changes to Awesome @StellarOrg.

Should be much easier to navigate now: https://www.awesomestellar.com/

Reply on Twitter 1331268993563435009 Retweet on Twitter 133126899356343500917 Like on Twitter 133126899356343500975 Twitter 1331268993563435009

Retweet on Twitter Stellar Retweeted

StellarTerm @StellarTerm·

24 Nov

You can now use StellarTerm together with Freighter - a wallet extension for Chrome!

Freighter works much like MetaMask for Ethereum and is developed by @StellarOrg.

1⃣ Install Freighter:
https://chrome.google.com/webstore/detail/freighter/bcacfldlkkdogcmkkibnjlakofdplcbk

2⃣ Access your wallet in StellarTerm:
https://stellarterm.com/freighter/

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Retweet on Twitter Stellar Retweeted

Stellar@StellarOrg·

23 Nov

Protocol 15 has arrived! 🎉🎉🎉

https://www.stellar.org/developers-blog/protocol-15-upgrade-complete

Reply on Twitter 1330908262062059525 Retweet on Twitter 1330908262062059525118 Like on Twitter 1330908262062059525510 Twitter 1330908262062059525

Stellar current price is $0.1952.