Stellar price

in USD
$0.46555
+$0.0059000 (+1.28%)
USDUSD
Market cap
$14.50B #11
Circulating supply
31.09B / 50B
All-time high
$0.79800
24h volume
$1.44B
3.8 / 5
XLMXLM
USDUSD

About Stellar

Layer 1
CertiK
Last audit: Jun 8, 2021, (UTC+8)

Stellar’s price performance

3 months
+93.97%
$0.24001
30 days
+79.19%
$0.25980
7 days
+59.08%
$0.29265
Today
+1.28%
$0.45965

Stellar on socials

Cryptocoin Radar
Cryptocoin Radar
$xlm / $btc: +5% value, +21% volume at #Binance (#Stellar / #Bitcoin, @StellarOrg, #cryptoasset, )
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0
Blave
Blave
The imitation market continues, and today the strongest performance is in the enterprise services sector, with $XRP, $XLM, $HBAR, and $IOTA showing the best results! The chip concentration of @Ripple that was shared the day before yesterday is starting to strengthen, and whales are clearly going long...😎
Blave
Blave
Seeing CT are more bullish on $XRP recently, some said XRP will reach $4 and flip $ETH soon, you say?! 😁 Let's breakdown perps data to dig deeper about the possibility. 📊 Overall Outlook: - Holder Concentration: the latest data shows a decline in long-concentration level, with the HC green bar shrinking to lowest level last week. This suggest that large account traders may be reducing their bet on upside or retail traders are increasingly going long. - Market Sentiment: the sentiment going optimistic in July, highly MS level indicates traders are more bullish on upside movement that matches the scene we saw on CT. - Squeeze Momentum: long momentum gradually increasing since the end of June, and the momentum level is entering the significant high level which might means a late stages of rally. -Liquidation Map: the map shows larger size of long positions in the market which the largest long clusters are surrounding between 2.68 ~ 2.78 and largest short cluster is around 3. 💡 Therefore, the momentum starting to become unfavorable for further harsh gains, also the highly optimistic sentiment and lowering HC is not a strong signal for bullrun. Better to have some correction for new leg up. 1) But...what if the market is entering relentless pumping summer? 👇🏻
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Ni
Ni
scrolling through top gainers this week and boom $M is making moves @MemeX_MRC20 isn’t just climbing, it’s signaling something bigger. memes with curves, culture, and traction. what else is on your radar? i’m watching this one closely.
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Guides

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View Stellar’s price history
Track your Stellar’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
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Stellar FAQ

Currently, one Stellar is worth $0.46555. For answers and insight into Stellar's price action, you're in the right place. Explore the latest Stellar charts and trade responsibly with OKX.
Cryptocurrencies, such as Stellar, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Stellar have been created as well.
Check out our Stellar price prediction page to forecast future prices and determine your price targets.

Dive deeper into Stellar

Stellar is an open-source and decentralized payment protocol that enables the world's financial systems to collaborate on a single network. As a Layer 1 blockchain, users can create, send, and trade digital representations of crypto and fiat currencies. Furthermore, Stellar provides developers with the documentation, tools, and support they need to build their own projects on top of Stellar. Stellar has handled over 2 billion transactions since its inception.

Unlike Bitcoin, which uses a Proof of Work (PoW) consensus, or Cardano (ADA), which uses a Proof of Stake (PoS) consensus, Stellar operates using a Federated Byzantine Agreement (FBA) algorithm. For example, the FBA algorithm allows Stellar to process transactions much more quickly and affordably without the intense computational power required by the Bitcoin blockchain. Each node in the Stellar network chooses a set of trustworthy nodes, and a transaction is only considered to be approved when all the nodes within this set agree. This process is much shorter and more efficient than many alternatives, making Stellar's network incredibly fast. It is believed that Stellar can process more than 1,000 transactions per second. In addition, transactions on the Stellar network are very affordable. Fees are fixed at 0.00001 XLM per transaction.

Stellar also has its decentralized exchange (DEX), StellarX, which can be used to trade all types of cryptocurrencies and traditional assets like silver, gold, and more. The Stellar network's continuous development and growth are overseen by a non-profit organization founded in 2014 called Stellar Development Foundation (SDF). It works hand-in-hand with Stellar to make markets more open, money more fluid, and empower people. The SDF assists in maintaining Stellar's codebase, supports communities built around it, and speaks on Stellar's behalf with institutions and regulators.

Stella's native utility token, XLM, serves three primary functions: transaction fees, account management, and fueling the Stellar payment system. XLM is commonly used as a bridge to reduce international trade costs. Many organizations worldwide, ranging from small-time startups to large corporations, use Stellar in their projects. It helps them tap into new markets and transfer money globally without hassle. These organizations include MoneyGram, Circle, Securrency, Settle, SatoshiPay, ClickPesa, and more.

How does Stellar work?

The Stellar protocol swiftly transforms any valuable asset into XLM and then seamlessly into the recipient's currency within seconds. Stellar enables the creation of digital representations of money or assets, allowing for free transactions, redemption, receipt, and market trading. A prime illustration is USD Coin (USDC), a stablecoin pegged to the dollar, crafted via the Stellar protocol. The process involves anchors, entities facilitating value transfers between Stellar and the traditional banking system in both directions.

These are secure connections between Stellar and other payment systems. Anchors can offer a variety of financial services to users, such as creating on/off ramps and issuing assets. They keep wallets with XLM and fiat balances to allow for simple currency exchange on Stellar. MoneyGram (International), Settle Network (Mexico, Argentina, and Brazil), Bitso (Mexico), Chronos (Argentina), Cowrie (Nigeria), Tempo (Europe), and Stablecorp (Canada) are some of the well-known anchors on Stellar.

Stellar employs a novel Stellar Consensus Protocol (SCP) invented by the project's Chief Scientist, David Mazieres, in 2015. This consensus mechanism implements the Federated Byzantine Agreement (FBA), which Ripple pioneered. According to SCP, a group of trustworthy nodes responsible for validating transactions and adding new blocks is chosen regularly via a voting mechanism. Anyone can run a node, and each node votes on and contributes to selecting a group of trustworthy nodes for the job. SCP ensures cheaper transactions processed in seconds due to its four fundamental properties: flexible trust, decentralized control, asymptotic security, and low latency.

XLM price and tokenomics

One hundred billion XLM tokens were created at Stellar's launch in July 2014. Two billion were sold and pre-allocated during a private seed round held in May 2014. These were jointly bought by Stellar's founder Jed McCaleb and Stripe CEO Patric Collison for $3 million. The purpose was to provide seed funding for creating the Stellar Development Foundation (SDF).

Between Stellar's launch and a community vote held in October 2019, XLM's supply grew at an annual inflation rate of 1%. The inflationary mechanism was removed after the 2019 vote, and over half of the token's maximum supply was burnt and removed from circulation. From that point onwards, a decision was taken not to create more XLM. The new maximum supply of XLM stood at a little over 50 billion tokens. As of writing, SDF holds almost 60% of the total XLM supply. It will be used for developing and promoting the Stellar network and will gradually enter the circulating supply with time.

About the founders

Jed McCaleb and Joyce Kim founded Stellar. McCaleb founded the Mt. Gox cryptocurrency exchange before his involvement with Stellar. He was also Ripple's co-founder and CTO. Following the formation of Stellar by McCaleb and former lawyer Kim, payments firm Stripe invested $3 million in the company, assisting in the formation of the Stellar Development Foundation (SDF), a non-profit organization through which the company operates to this day. The Stellar user base has grown steadily since its inception, with the network eventually surpassing 7 million accounts by the middle of July 2022.

Stellar highlights

Partnership with MoneyGram

MoneyGram International, a major provider of international payment services, announced a strategic partnership with Stellar in May 2022. The agreement calls for developing a stablecoin-based platform to facilitate global money transfers. Stellar wallet users can transfer USD Coin (USDC) to recipients, who can then convert them into their local fiat currency via MoneyGram's network with this new service.

Partnership with WhiteBIT

In other Stellar-related news, WhiteBIT, one of Europe's largest digital asset exchanges, announced the integration of Stellar USDC into its platform. WhiteBIT has joined a growing list of prominent exchanges accepting Stellar USDC deposits and withdrawals for their European clients.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$14.50B #11
Circulating supply
31.09B / 50B
All-time high
$0.79800
24h volume
$1.44B
3.8 / 5
XLMXLM
USDUSD
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