Stellar
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Price
$0.257547
24 Hour % Change
-5.94%
Market Cap
$27.16B
Volume (24h)
$652.40M
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.253429
24 Hour High
$0.277343
Net change
$-0.016255
24 Hour Open
$0.273663
All time high
$0.875563
Total Supply
105.44B
Returns (24H)
-5.94%
Returns (YTD)
91.81%
Volatility (30d)
2.23
Transaction Count (24h)
5.34M
Average Transaction Fee (24h)
$0.007274
Value Transacted (24h)
$73.71M
About Stellar
Category
Currency
Value proposition
Payments
Lumen (XLM) is the native cryptocurrency for Stellar, an open source blockchain payment system. The purpose of Stellar is to connect financial institutions via the blockchain and provide cheap transactions in developing markets. Jed McCaleb, a longtime cryptocurrency entrepreneur who founded bitcoin exchange Mt. Gox and co-founded blockchain-based payment system Ripple Labs, created Stellar in July of 2014. Stellar uses a federated byzantine agreement (FBA) algorithm instead of a traditional mining network to validate transactions. Since the transfer of lumens doesn’t require approval from traditional cryptocurrency miners, the Stellar network enables quicker transactions than some other blockchain-based systems.
The Stellar price page is part of The CoinDesk 20 that features price history, price ticker, market cap and live charts for the top cryptocurrencies.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Bitcoin hit another all-time high today while ether traders are paying royally to get in on the options action.
The token is at the highest level since November 2018 in what one observer called a "perfect storm."
Bitcoin breaks $34K while ether futures continue to gain steam.
Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest.
Ukraine Government Picks Stellar Development Foundation to Help Build National Digital Currency
Jan 4, 2021
The Stellar Development Foundation's work with Ukraine's government to digitize the hryvnia will officially launch this month.
Market Wrap: Bitcoin Closes 2020 Near Record Highs
Dec 31, 2020
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
