Stellar

XLM

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Price
$0.282685
24 Hour % Change
-2.28%
Market Cap
$29.81B
Volume (24h)
$591.20M
Linear
Log
to
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Key metrics
24 Hour Low
$0.268828
24 Hour High
$0.293651
Net change
$-0.006597
24 Hour Open
$0.289425
All time high
$0.875563
Total Supply
105.44B
Returns (24H)
-2.28%
Returns (YTD)
122.81%
Volatility (30d)
0.75
Transaction Count (24h)
3.74M
Average Transaction Fee (24h)
$0.000007
Value Transacted (24h)
$56.14M

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. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.


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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