Stellar Price
(XLM)
Stellar Live Price Data
The live price of Stellar is $0.3812, with a total trading volume of $ 7.04M in the last 24 hours. The price of Stellar changed by +6.89% in the past day, and its USD value has decreased by -12.54% over the last week. With a circulating supply of 30.23B XLM, the market cap of Stellar is currently 11.56B USD, marking a --% increase today. Stellar currently ranks #15 in market cap.
How do you feel about Stellar today?
Note: This data is for reference only.Stellar(XLM) Profile
Website
Documentation
Explorer
Contract
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Audited By
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Code & Community
Investors
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- ATH
- $0.9377
- Price Change (1h)
- -1.70%
- Price Change (24h)
- +6.89%
- Price Change (7d)
- -12.54%
- Market Cap
- $11.56B
- 24h Volume
- $7.04M
- Circulating Supply
- 30.23B
- Max Supply
- 50B
About XLM
How can I buy Stellar (XLM)?
Buying XLM on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Stellar (XLM) for more information. What is Stellar (XLM)?
Stellar is an open-source, public network that lets its users store and conduct digital transactions of money. The platform leverages the power of blockchain technology to decentralize transfer of payments in a faster, energy efficient and highly affordable manner.
Stellar Lumens (XLM) is the native token within the Stellar network.Also known as Lumens, XLM tokens make it possible for Stellar’s users to send and receive money across the world in a faster manner than traditional fiat currencies.
Lumens or XLM offer an extremely low cost method to conduct almost real-time cross-border transactions, letting Stellar compete with established global payment providers. Unlike other services that charge high transaction fees, a transaction of any amount on the Stellar network costs only 0.00001 XLM, which works out to a few cents.
Stellar payment network is a promising project in the blockchain space, thanks to its partnership with IBM on the World Wire project. The initiative lets mainstream financial institutions leverage Stellar’s blockchain for conducting transactions using bridge assets such as stablecoins.
You can learn more about Stellar(XLM) at our KuCoin Blog.
Who Created Stellar?
Stellar was co-founded by Jed McCaleb, the original CTO at Ripple, along with his partner Joyce Kim in 2014. The team formed the non-profit organization Stellar Development Foundation (SDF) with a goal to improve financial access and inclusion. Stripe’s CEO Patrick Collison was a co-collaborator on the SDF, investing $3 million in exchange for 2 billion XLM tokens.
Stellar aims to ramp up the adoption of crypto assets over fiat currencies, with a key focus area being low transaction costs. The blockchain protocol aims to make it easier for moving money across borders without the hassles of centralized financial infrastructure that is costly from the perspectives of time and money.
After a ledger fork in 2014, Stellar updated its consensus mechanism to Stellar Consensus Protocol. The brains behind this consensus algorithm which rolled back hours of transactions was chief scientist at Stellar Development Foundation, David Mazières.
At the time of launch, the SDF created a total of 100 billion XLM tokens with a 1% annual issuance rate. This annual issuance rate was removed from Stellar in October 2019 as the team of developers felt that it did not benefit the protocol.
What is Stellar’s XLM Used For?
The Stellar protocol uses Lumens or XLM primarily to prevent fraudulent behaviors within its ecosystem. Each account created on the network requires a minimum balance of 1 XLM while the minimum transaction fee has been set at 0.00001 XLM.
XLM serves as the native asset of Stellar. Users who wish to make transactions using Stellar’s infrastructure can do so by converting their existing capital into XLM which then gets transferred to the intended recipient. The recipient can then convert XLM back into fiat or their choice.
Stellar’s XLM token facilitates transactions within the network. It functions as a medium of exchange, letting users transact otherwise illiquid assets using its technology.
Stellar also issues grants in the form of XLM coins to developers who can create and implement applications for its technology and further the adoption of its ecosystem. In addition, it serves as a store of value which can be traded on leading cryptocurrency exchanges in addition to the Stellar network.
Stellar (XLM) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $0.026 | 7.35% |
7 Days | $-0.0552 | -12.56% |
30 Days | $0.1445 | 60.35% |
3 Months | $0.2871 | 296.49% |
24H Investment Barometer
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Stellar Conversion Rate
FAQ
How much is 1 Stellar (XLM) worth?
KuCoin provides real-time USD price updates for Stellar (XLM). Stellar price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time XLM to USD exchange rates. Is Stellar XLM a Good Investment?
Stellar is unlike most of the other blockchains in the market that support smart contract functionality and let developers create dApps. It focuses solely on easing digital payments and fostering the use of digital currencies for transactions in place of fiat currency.
The Stellar network is primarily a platform that allows users to transfer payments globally with the power of cryptocurrency. With this in mind, the open network already has partnered with leading companies such as MoneyGram and IBM.
Its partnerships with mainstream businesses gives Stellar an edge over several of its peers and could indicate potential for growth in XLM's price and market cap. Looking forward, an increased adoption of the Stellar payment network technology among more financial institutions and possibly even governments looking to design CBDCs on its infrastructure could make Lumens an interesting crypto to invest in.
How High Can XLM Price Go?
Stellar Lumens is among the top digital assets, enjoying a high trading volume on top exchanges, but has been overlooked amid the trend of dApps and Web 3.0 related cryptocurrencies. However, a look back at the XLM price history over the years reveals that it holds much promise to head to more highs in the future.
It is impossible to quantify and offer an accurate XLM price prediction in the coming months and years, owing to the highly volatile nature of digital assets. However, we can review the Stellar price history for some guidance on this.
From an all time low of $0.001227 on 18 November 2014, XLM price has made its way to an all time high of $0.9381 on 4 January 2018. This journey has been filled with several ups and downs, which have continued since then as well.
In 2016, Stellar price gained more than 58%. 2017 - the year of the crypto assets' bull run, was especially good for Stellar Lumens. The XLM token ended 2017 after making gains of over 14,400%. In 2018 and 2019, the Stellar price and market cap took somewhat of a beating, sliding lower by over 77% and 61% respectively.
However, the market sentiment turned upbeat after that, with Stellar price ending 2020 higher by more than 182%. It also eked out over 100% gains in 2021, powered by an uptick in trading volume across the cryptocurrency market.
How to Earn XLM Crypto
Here are the two most popular ways to get XLM:
Trade XLM
Trade Stellar crypto against other digital assets to profit from changes in market conditions and volatility. You can buy or sell XLM after carefully analyzing the XLM price chart to grow your Stellar (XLM) holdings. Check the live price of Stellar coin, XLM market cap, circulating supply, 24-hour trading volume, and the latest crypto news before trading XLM in the crypto market.
Earn Passive Income on KuCoin
Grow your XLM holdings safely and in a risk-free manner with KuCoin’s Crypto Lending feature. Visit this page to lend liquidity in XLM and earn attractive daily interest over seven days, 14 days, or 28 days.
How Many Stellar XLM Coins Are in Circulation?
As of February 2023, the circulating supply of XLM stands at over 26 billion XLM coins, from the total supply which stands at a little over 50 billion. At the time of Stellar’s launch in 2015, the SDF had issued a total of 100 billion XLM tokens.
The Stellar Development Foundation (SDF) burned more than 50% of the XLM token’s supply in 2019 to reduce its circulating supply. The SDF was given control of around 30 billion XLM tokens, which it has been using for Stellar’s marketing and development, and also for investing in other ventures.
The remaining tokens make up the circulating supply and are available in the market for use within the Stellar network and for trading in the crypto market.
Can XLM be Staked or Mined?
Stellar’s XLM stands apart from most of the other popular cryptocurrencies as it cannot be mined or staked for generating rewards. Stellar utilizes its unique consensus mechanism, the Stellar Consensus Protocol or SCP, in which the XLM coins play no role in achieving consensus.
The total supply of XLM remains fixed as mentioned above, and while the SDF has burned some tokens in the past, it insists that it has no plans to do so in the future.
What is the all-time high price of Stellar (XLM)?
The all-time high price of Stellar (XLM) is $0.9381. The current price of XLM is down 59.35% from its all-time high.
What is the all-time low price of Stellar (XLM)?
The all-time low price of Stellar (XLM) is $0.0012. The current price of XLM is up 30,981.41% from its all-time low.
How much Stellar (XLM) is there in circulation?
As of 12 21, 2024, there is currently 30.23B XLM in circulation. XLM has a maximum supply of 50B.
What is the market cap of Stellar (XLM)?
The current market cap of XLM is $11.56B. It is calculated by multiplying the current supply of XLM by its real-time market price of $11.56B.
How do I store Stellar (XLM)?
You can securely store your Stellar in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your XLM include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Stellar (XLM) to cash?
You can instantly exchange your Stellar (XLM) for cash using KuCoin's Fast Trade feature. This feature enables you to convert XLM to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.