Stellar (XLM)

Highly volatile investment product. Your capital is at risk.
Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of Ripple and eDonkey) and Joyce Kim, supported by a nonprofit, the Stellar Development Foundation. Being a completely decentralized consensus platform, Stellar, in simple words, is an open-source protocol for exchanging money, which connects people, payment systems, and banks, allowing to not only buy and sell currencies in a foreign exchange, but also to convert currencies seamlessly during transactions.The network consists of peers that run independently of each other, meaning that Stellar does not depend on any single entity, any of which, by the way, can run a Stellar server. The idea is to have as many independent servers in the network as possible, so that it will run successfully even in case some of servers fail. The consensus process happens at a regular interval of every 2 to 4 seconds.Like any traditional ledger, Stellar’s one records all the balances and transactions of every single account on the network. A complete copy of the global Stellar ledger is hosted on each server running correspondent software.Stellar network’s native asset is Lumen. The standard token contributes to the ability to move money around the world and to conduct transactions between different currencies quickly and securely.Stellar boasts quite a starry board’s and advisory board’s crew, which include Keith Rabois, Patrick Collison, Matt Mullenweg, Greg Stein, Joi Ito, Sam Altman, Naval Ravikant and others.
Rank 6
Price $0.25
Market Capitalization $4 661 188 893
24 Hours Volume $186 159 922
Available Supply 18 785 414 963 XLM
Max Supply 0 XLM
Change (1 Hour) 0.73%
Change (24 Hours) 6.23%
Change (7 Days) 22.66%
Latest News
Stellar (XLM) Price Analysis: Trends of September 20–26, 2018
September 20th, 2018

XLM is ranging within the supply level of $0.21 of the upper range and the demand level of $0.18 of the lower range, the price may break out from the channel that will lead to decreases in the rates.

Stellar (XLM) Price Analysis: Trends of September 13-19, 2018
September 13th, 2018

The coin is still trading within the supply level of $0.24 of the upper range and the demand level of $0.18 of the lower range, the price may break out from the channel that will lead to decreases in the rates.

Stellar-based Startup Lightyear Buys Chain Inc. to Form Re-Branded Company Interstellar
September 10th, 2018

San Francisco technology start-up Chain Inc. and Lightyear Corp. has joined forces to create a new company that is expected to make building and operating on Stellar even easier.

Stellar (XLM) Price Analysis: Trends of September 7–13, 2018
September 7th, 2018

Should the price break and close above the supply level of $0.30, would interrupt the current bearish phase.

IBM Joins Stellar for ‘Blockchain World Wire’ Cross-Border Payment System
September 5th, 2018

IBM’s cross-border payments solution will facilitate instant clearing and settlement of all transactions using Stellar’s blockchain network.

Stellar (XLM) Price Analysis: Trends of August 30–September 5, 2018
August 30th, 2018

The price is still in a valid bearish phase as long as it stays within the resistance level of $0.24 and the support level of $0.19. In the near future, we may expect price break out from the channel that will lead to increases in the rates.

Stellar (XLM) Price Analysis: Trends of August 23–29, 2018
August 23rd, 2018

The cryptocurrency made some faint bullish effort that was often followed by consolidation in the market and that led to the formation of “falling wedge” pattern; this may lead to increases in the rate.

Stellar (XLM) Price Analysis: Trends of August 16–22, 2018
August 17th, 2018

Stellar has been ranging between these levels ($0.2 – $0.18), We may expect the break out of the price at $0.2 supply levels which may leads to increases in the rates.

Facebook Denies Emerging Reports on Its Partnership with Stellar
August 11th, 2018

According to the sources familiar with the matter, the two companies have been discussing the creation of a fork in the Stellar blockchain while letting Facebook develop its indigenous digital token on a separate blockchain.

Stellar (XLM) Price Analysis: Trends of August 9-15, 2018)
August 9th, 2018

Stellar has been engaged in continual bearish movements, owing to fundamentals that aid the current bearish outlook; the cryptocurrency made some faint bullish effort that was often followed by further drop in the market.