Stellar current price is $0.509.

Stellar current price is $0.509 with a marketcap of $11.39 B. Its price is 1.85% up in last 24 hours.

Buy / Sell Stellar

Stellar (XLM)
Live Price
$0.509
24h %
1.85%
Market Cap
$11.39 B
Volume
$1.68 B
Available Supply
22.46 B XLM
Rank
11

Crypto Calculator

Enter Amount

Base Currency

Convert To

10 Stellar (XLM)
=
5.090USD

Price Chart

Loading Chart...

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

**You can show markets data only by installing “Cryptocurrency Exchanges List Pro” WordPress plugin with “Coin Market Cap & Price” plugin.

#	Exchange	Pair	Price	Volume (24h)	Updated

Data by Coin Exchange Price

Twitter News Feed

StellarFollow

Retweet on Twitter Stellar Retweeted

Anke Baas @ankegbaas·

Sign up for this amazing virtual hackathon and build something awesome! I’ll be present at the welcome ceremony to give an intro about Stellar, so don’t miss it 🤩 https://twitter.com/encodeclub/status/1362779813153566721

Encode Club@encodeclub

We are delighted to announce the Stellar Development Foundation (@StellarOrg) as Gold sponsors of our upcoming Hack the System hackathon!

The hackathon will last 10 weeks, and begins on Thursday 25th February with our Intro Event. Read more below 👇

https://medium.com/encode-club/hack-the-system-announcing-stellar-9663d01b3d5b?source=friends_link&sk=66a61ab1303eedac2e891ee31c260814

Reply on Twitter 1362781461535858692 Retweet on Twitter 136278146153585869219 Like on Twitter 136278146153585869267 Twitter 1362781461535858692

Stellar@StellarOrg·

Kelp GUI v1.0.0-rc2 (beta) is now available on the Stellar mainnet! 🎉

Check out the full release notes below:
https://github.com/stellar/kelp/releases/tag/v1.11.0

#Stellar #StellarDevelopers

Reply on Twitter 1362815097920364544 Retweet on Twitter 136281509792036454465 Like on Twitter 1362815097920364544263 Twitter 1362815097920364544

Retweet on Twitter Stellar Retweeted

Uhuru WhatsApp Wallet @uhuruwallet·

15 Feb

We are excited to announce that you can now buy/sell or send/receive #USDC on Uhuru.

#USDC is a digital US dollar issued by regulated financial institutions. This is a smart way to save. It’s not just saving but saving in a hard currency. [MORE2COME]
@StellarOrg @circlepay

Reply on Twitter 1361347166757912576 Retweet on Twitter 136134716675791257632 Like on Twitter 1361347166757912576169 Twitter 1361347166757912576

Stellar@StellarOrg·

13 Feb

ICYMI: SDF had not just one but TWO of our leaders on
@cointelegraph's top 100 people in blockchain in 2021:
@denelledixon and @jedmccaleb.

Check them out at #31 and #58!
https://cointelegraph.com/top-people-in-crypto-and-blockchain/denelle-dixon

Reply on Twitter 1360383765172871168 Retweet on Twitter 1360383765172871168127 Like on Twitter 1360383765172871168612 Twitter 1360383765172871168

Stellar@StellarOrg·

12 Feb

If you're a #developer looking to get into blockchain, check out Hack the System! This hackathon begins on February 25 and runs for 10-weeks.

Go take a look at the #Stellar challenges!
https://medium.com/encode-club/hack-the-system-announcing-stellar-9663d01b3d5b

Encode Club@encodeclub

We are delighted to announce our 5th hackathon: Hack the System!

https://medium.com/encode-club/hack-the-system-announcing-our-5th-university-blockchain-hackathon-54132a01973

Reply on Twitter 1360322535716454401 Retweet on Twitter 136032253571645440194 Like on Twitter 1360322535716454401339 Twitter 1360322535716454401

Stellar current price is $0.509.