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Stellar (XLM)

Stellar (XLM)

The price of Stellar is $0.11, a -2.26% change over the last 7 days. Learn more about Stellar’s price history, how it works, and how to invest.

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Updated: Jun 18, 2024
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Overview
Markets
Historical Data
Price Statistics
Stellar price today
24h Change $0.001266433835
24h Low $0
24h High $0
Market Cap $3.06B
Trading Volume (24h) $55.68M
Market Dominance 0%
Market Rank #36
Circulating Supply 29.03B
Max Supply 50B

No live data available

Stellar markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Coinbase Exchange Coinbase Exchange
XLM/USD $0.10634 $227,409.05 $336,343.64 5,440,570 Recently
2
Binance Binance
XLM/USDT $0.10624 $332,587.06 $419,975.48 5,234,942 Recently
3
KuCoin KuCoin
XLM/USDT $0.10624 $132,038.68 $142,424.82 756,517 Recently
4
Binance Binance
XLM/BTC $0.10631 $105,510.06 $101,323.75 323,728 Recently
5
Binance Binance
XLM/BUSD $0.12597 $59,745.81 $60,634.14 438,620 Recently
6
Kraken Kraken
XLM/USD $0.10633 $162,107.60 $206,500.47 207,452 Recently
7
Bithumb Bithumb
XLM/KRW $0.10691 $113,627.46 $379,059.50 293,252 Recently
8
Bitstamp Bitstamp
XLM/USD $0.10629 $63,131.53 $65,370.32 212,886 Recently
9
Coinbase Exchange Coinbase Exchange
XLM/EUR $0.10621 $16,376.39 $15,393.08 78,261 Recently
10
Bitfinex Bitfinex
XLM/USD $0.10642 $69,257.25 $71,925.77 95,345 Recently
1
Binance Binance
XLM/USDT $0.10639 - - 19,425,132 Recently
2
KuCoin KuCoin
XLM/USDT $0.10639 - - 292,045 Recently
3
Binance Binance
XLM/USD $0.10649 - - 1,009,810 Recently
4
Kraken Kraken
XLM/USD $0.10642 - - 37,919 Recently
5
dYdX dYdX
XLM/USD $0.10640 - - 35,531 Recently
6
Bybit Bybit
XLM/USDT $0.10640 - - 3,293,569 Recently
7
OKX OKX
XLM/USDT $0.10630 - - 3,731,007 Recently
8
OKX OKX
XLM/USD $0.10633 - - 643,610 Recently
9
Gate.io Gate.io
XLM/USDT $0.10637 - - 152,029 Recently
10
Bitget Bitget
XLM/USDT $0.10635 - - 832,485 Recently
No data found
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About Stellar

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Resources

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What is the Stellar price today?

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The XLM price is currently $0.11. The price of Stellar is -4.86% over the last 30 days. You can use the live Stellar chart to track the XLM/USD price in real time above, or compare the Stellar value today to its past performance using the Stellar price history tab at the top of this page.

What is the total supply of XLM?

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The circulating supply is 29,026,062,009.29 XLM, out of a total maximum supply of 50,001,806,812.00 XLM.

What is the price prediction for Stellar?

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The average Stellar price prediction values the coin at $0.62 by the end of 2025. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all impact the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is Stellar?

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Stellar is a decentralised platform allowing fast, secure, and low-cost money transfers across borders. It functions similarly to PayPal, but utilises blockchain technology to facilitate transactions. To use the platform, users must own Stellar Lumens (XLM), the platform’s native cryptocurrency. XLM is an entry requirement for using the platform, similar to how you need a specific currency to transact in a particular country.

The platform was founded in 2015 to make money borderless, allowing people to quickly and seamlessly send, receive, and hold money in various currencies without needing bank accounts in every country or worrying about exchange rates. XLM is integral to achieving this goal, enabling the platform to offer cross-border transactions with minimal fees and quick settlement times.

How does Stellar work?

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Stellar records all transactions made through the platform on its blockchain. When you use Stellar, your transactions are recorded on an online “ledger” that keeps track of what each person owns and wants to do with their money.

Unlike a bank, where one big company makes all the decisions, the Stellar network is run by many different computers. These computers work together to make sure the ledger is correct and up-to-date. Anyone can join in and help run the network. Each computer gets a say in how things are done, which makes the system fair and democratic. This differs from a bank, where all the power is held in one place.

How is the Stellar network secured?

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The Stellar network is kept safe and secure by something called the Stellar Consensus Protocol (SCP). The Stellar Consensus Protocol is a set of rules that helps keep the Stellar network safe and secure. It’s like a unique check that makes sure all transactions are correct. It allows the network to work very fast and smoothly. It’s even faster and more efficient than other networks, like Bitcoin.

No one person or group is in charge of the network; this allows anyone to become a part of the platform and help make decisions.

What is Stellar used for?

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The main goal of Stellar is to connect all of the world’s financial systems and make it easy for people to send and receive money. This includes banks, payment processors and other financial institutions. The platform is designed to work fast and efficiently, so it can move money quickly and cheaply, reducing the cost to the user.

The users themselves can create, send, and trade digital money. This includes traditional money, like dollars and euros, and digital money, like Bitcoin and Ethereum.

Why does XLM have value?

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Stellar’s value comes from its cheap and efficient transactions. People sometimes have to pay fees when they use other platforms, like PayPal, to move money. This can make it expensive to send money across borders. Stellar is different because it has very low fees. When you make a transaction on Stellar, you only have to pay a small amount, called XLM. This amount is worth just a few cents.

Stellar is also unique because it has partnerships with big companies like IBM. A few years ago, Stellar and IBM worked together to create a project called World Wire. This project allows big financial institutions to send money using the Stellar network. They can also use special types of digital money like stablecoins.

Who created Stellar?

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Jed McCaleb is the person who created Stellar and its cryptocurrency, Lumens. He also started the Stellar Development Foundation, a team of people working on the project. Jed McCaleb is well-known in the digital money world for creating the first significant Bitcoin exchange, Mt Gox.

Before creating Stellar, McCaleb was also the leader of a digital money project called Ripple. He helped create the XRP Ledger but left the project in 2013 to start Stellar.

Is Stellar different from Ripple (XRP)?

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Ripple and Stellar are both digital money networks that use blockchain technology. Banks mainly use Ripple for international payments, and Stellar is an open network for anyone to build financial products.

Both have their own digital money, XRP and XLM, used for paying transaction fees and rewarding users. Ripple is a private company, and Stellar is a non-profit organisation, meaning Stellar is more decentralised. Both use a consensus algorithm to validate transactions quickly and cheaply without the need for mining.

Where can I buy Stellar?

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You can buy Stellar on either a centralised cryptocurrency exchange (CEX) or decentralized exchange (DEX), depending on its availability. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock trading platform.

Our guide on how & where to buy Stellar explains step-by-step exactly how to get started with a reliable crypto exchange, or via one of the most popular decentralized exchanges.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in Stellar?

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The simplest way to invest in Stellar is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any Stellar alternatives?

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There are lots of Stellar alternatives and many cryptocurrencies offer something similar. It’s primarily used for making payments and DeFi applications. Here’s a few alternatives for you to consider.

  • Ripple. Ripple is a cryptocurrency used to transfer money across the globe.
  • Nano. Nano is a money transfer platform that is economically friendly.
  • Uniswap. UNI is one of the most popular DeFi coins.

FAQs

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Is Stellar safe?
Has Stellar been hacked?
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.

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