Real-Time XLM Price Overview
Stellar's current live price is $0.2376**, with a 24-hour trading volume of **$94,883,161. Key metrics:
- 24h Change: -2.93%
- 7d Change: +1.53%
- Market Cap: $7,350,453,196 (Rank #20)
- Circulating Supply: 30,935,456,365 XLM
- Max Supply: 50,001,806,812 XLM
👉 Track XLM price alerts for instant updates.
What Is Stellar (XLM)?
Stellar is an open-source P2P network designed to connect global financial systems. Its native token, XLM, facilitates fast, low-cost cross-border transactions. Core features include:
- Decentralized Exchange: Built-in marketplace for crypto assets.
- Stellar Consensus Protocol: 3-5 second transaction confirmations.
- Multi-Currency Support: Anchors enable cross-currency trades (e.g., ETH to BTC).
Founders & History
Co-founded in 2014 by Jed McCaleb (ex-Ripple CTO) and Joyce Kim, Stellar initially shared Ripple’s protocol before developing its own consensus model. Key milestones:
- 2015: Rebranded token to "Lumen" (XLM).
- 2019: Burned 55.5B XLM, capping supply at 50B.
XLM Token Utility
- Transaction Fees: 0.00001 XLM per operation.
- Spam Prevention: Minimum 1 XLM wallet balance.
- Security: Mitigates DoS attacks via microtransaction costs.
XLM Price History
- All-Time High: $0.9381 (Jan 4, 2018).
- All-Time Low: $0.0012 (Nov 18, 2014).
- Current Price: 74.67% below ATH.
Where to Buy XLM?
Top exchanges for XLM trading include Binance, KuCoin, and Kraken.
👉 Compare exchange rates for optimal deals.
FAQ
Q: How does Stellar differ from Ripple?
A: Stellar focuses on individual users and decentralized governance, while Ripple targets institutional payment systems.
Q: Is XLM inflationary?
A: No. The 1% annual inflation mechanism was disabled in 2019.
Q: What’s the safest XLM wallet?
A: Hardware wallets like Ledger Nano S or Trezor offer maximum security.
Q: Can I mine XLM?
A: No—XLM is pre-mined and distributed by the Stellar Development Foundation.
Q: Why does Stellar burn tokens?
A: To reduce supply inefficiencies and increase token utility.
Q: How fast are Stellar transactions?
A: Typically 3-5 seconds with 1,000+ TPS capacity.