April 25th, 2025
Stellar (XLM) News
Stellar, a major force in decentralized finance (DeFi) and international payments, continues to innovate and announce important updates regarding partnerships and ecosystem growth. Stay updated with the latest Stellar (XLM) news, with critical insights into technological updates, market events, price movements, and general development information on the Stellar blockchain.
XLM Price Prediction: Stellar Approaches Apex of Market Correction amid Anticipated Altseason in 2025
The Stellar chain has gradually improved over the past years to enable seamless global payments and RWA tokenization via XLM and its strategic partnerships.
Hot Altcoins Remain Traders’ Favourite despite Bitcoin Price Pullback
Despite Bitcoin’s 5.24% drop to $93,000, traders are actively discussing and investing in altcoins like The Sandbox (SAND), Stellar (XLM), and Ethereum (ETH).
Heavy Crypto Liquidations Registered in Last 24 Hours as Altseason Teases via Large Cap Surge
Heightened crypto cash rotation has increased the overall volatility in the altcoin ecosystem led by Dogecoin (DOGE), XRP, and XLM among others.
XLM
$0.29
Market Cap
$8.87 B
24h Volume
$244.33 M
24h Low/High
$0.3 /
$0.3
1h
0.70%
24h
2.96%
7d
19.54%
Stellar Surges Another 21% to Enter Top 20 Crypto List, XLM Price Rally to Continue?
By Bhushan Akolkar
November 18th, 2024
The Stellar price rally follows the formation of a bullish “golden cross” on the technical charts, signaling a shift in momentum.
Robinhood Enhances Crypto Transfers with Stellar (XLM) Addition and User Incentives
By Temitope Olatunji
October 23rd, 2024
Robinhood adds Stellar (XLM) to crypto transfers, enhancing user options and offering a 1% bonus for XLM deposits on the platform.
Stellar Blockchain Strengthens Security Using Blockaid’s Detection Technology
By Chimamanda U. Martha
October 17th, 2024
Blockaid’s real-time threat detection system is now integrated into Stellar’s ecosystem, starting with Lobstr and Freighter wallets.
Huma Finance Raises $38M to Drive Expansion into Solana and Stellar’s Soroban
By Bena Ilyas
September 11th, 2024
Huma Finance expects the partnership to drive $10 billion in payments-financing transactions within the next year.
Stripe Announces Strategic Partnership with Robinhood-backed Bitstamp to Expand Operations in Europe
By Steve Muchoki
August 7th, 2024
The partnership between Stripe and Bitstamp will initially support Bitcoin, Ethereum, Solana, XLM, and USDC.
Floki Inu (FLOKI) Replaces CRO and XMR, Eyes Top 30
By Anisha Pandey
June 5th, 2024
The surge comes soon after popular digital asset analyst KALEO speculated that the token’s market capitalization could “easily” reach $10 billion during the next bull cycle.
Nomura Announces Partnership with GMO Internet Group to Launch Dollar and Yen Stablecoins in Japan
By Tolu Ajiboye
May 27th, 2024
The collaboration will see Nomura try to launch stablecoins for the yen and the dollar to users in the Japanese market.
Franklin Templeton Launches $380M Government Fund, Tokenizes It on Polygon, Stellar
By Mayowa Adebajo
April 26th, 2024
Franklin Templeton maintains a leading position in the tokenized US Treasuries sector with its 32% market share.
Web3 Infrastructure Platform Validation Cloud Raises $5.8M for Global Adoption
By Bhushan Akolkar
February 27th, 2024
Validation Cloud is a leading figure in the domain of Web3 data streaming and infrastructure, providing seamless connections for organizations through its swift, scalable, and intelligent platform.
Circle Denies Allegations that USDC Was Used to Fund Terrorism and Money Laundering
By Steve Muchoki
December 1st, 2023
Circle Chief Strategy Officer and Head of Global Policy Dante Disparte wrote a formal letter to Senators Sherrod Brown and Elizabeth Warren to refute claims that USDC has been used for funding the Hamas terror group.
Alchemy Pay Secures Money Transmission License in Iowa
By Tolu Ajiboye
November 23rd, 2023
Alchemy Pay is continuing its expansion in the United States and has now gotten a money transfer license in Iowa.
EU Parliament Approves Controversial Data Act with Smart Contract Kill Switch
By Bhushan Akolkar
November 10th, 2023
Despite strong opposition from crypto industry players, the European Parliament introduces the Data Act that can severely impact the smart contract platforms.
Stellar XLM $0.29 24h volatility: 3.0% Market cap: $8.87 B Vol. 24h: $244.33 M is a prominent blockchain designed to support cheap and easy cross-border payments. The XLM token, one of the largest in the market, plays a crucial role in facilitating these transactions, as it functions as a bridge token used to send and receive funds across borders.
Programmer and entrepreneur Jed McCaleb co-founded Stellar with the clear aim of empowering people in areas underserved by traditional banking services. From its goal of improving financial inclusion, the Stellar platform has become one of the most notable ecosystems in the decentralized finance (DeFi) world.
Stellar blockchain is similar to the Ripple protocol, which McCaleb also contributed to developing. However, management conflicts led to the exit of McCaleb and saw him launch Stellar with executive director and former lawyer Joyce Kim. Today, XLM is considered a major XRP XRP $2.19 24h volatility: 0.6% Market cap: $127.72 B Vol. 24h: $3.19 B competitor.
Stellar news comprises several updates that confirm its position as an important player in finance. In 2019, Stellar partnered with International Business Machines Corp (NYSE: IBM) to support the IBM World Wire global payments system, which uses cryptocurrencies to settle transactions, making them much cheaper and faster. Payment giant MoneyGram International Inc (NASDAQ: MGI) also chose Stellar for on and off-ramp cash-to-crypto transactions.
Instead of the Proof of Work (PoW) or Proof of Stake (PoS) consensus mechanisms, Stellar uses the Stellar Consensus Protocol (SCP), which is based on the Federated Byzantine Agreement (FBA). This allows a node to trust a set of other nodes (quorum slice) for transaction processing, instead of requiring all nodes to agree. Since only a quorum slice is needed, Stellar transactions are cost-effective and instantaneous.
Explore our Stellar (XLM) guide which contains extensive details about the blockchain, how it works, and some of its great features.
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FAQ on Stellar (XLM) News
Is Stellar better than Ethereum?
Whether or not Stellar is better than Ethereum depends on the intended purpose. The Stellar platform is a trusted network for users that prioritize speed and cost-efficiency, while Ethereum may be recommended for DeFi flexibility.
Do banks use Stellar?
Several banks and financial technology (fintech) firms use the Stellar network to settle payments. The blockchain boasts 7.5 million accounts as of September 2024, with 12 billion operations processed on the network since its inception in 2015.
What is the average transaction cost on Stellar?
The average Stellar transaction costs 0.000002 XLM. This is equivalent to $0.00000191 as of September 2024.
How many transactions can Stellar handle?
Stellar can process 1,000 transactions per second. The blockchain’s average transaction time is 15 seconds.
Is XLM faster than XRP?
Since XRP can handle 1,500 transactions per second, it is considered to be faster than XLM, which processes 1,000 transactions per second. However, users should note that several factors, including network congestion, can cause transaction speed to vary significantly.