Stellar XLM
Rank #22$0.1517
-1.38%
CoinGecko · just now
About Stellar
Stellar is an open-source, decentralized network co-founded in 2014 by Jed McCaleb and Joyce Kim to facilitate the fast and low-cost transfer of value across different currencies and assets globally. Managed by the non-profit Stellar Development Foundation, the project serves as a global infrastructure that connects banks, payment systems, and individuals to expand financial access to underserved populations. Its main value proposition lies in providing a bridge between traditional money and digital networks through the use of Anchors, which are trusted entities that hold deposits and issue credits on the ledger. The network operates using the Stellar Consensus Protocol and a Federated Byzantine Agreement, where nodes choose trusted sets of other nodes to agree on the state of the ledger. This system ensures high throughput and fast finality, where transactions are considered permanent and irreversible within seconds. Key features include a built-in distributed exchange for trading ass
Frequently Asked Questions about Stellar
What is Stellar (XLM)?
Stellar (XLM) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $5.02B, making it one of the notable digital assets in the crypto market.
What is the current price of Stellar?
The current price of Stellar (XLM) is $0.1517. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy Stellar?
You can buy Stellar (XLM) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is Stellar a good investment?
Whether Stellar is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
