28

Rank

Stellar, XLM

$0.313491 ( -2.78% )

Market Cap

$7 439 342 248

24 Hour Volume

$277 260 610

Available Supply

23 730 654 114

Stellar / US Dollar Chart, XLM/USD ()


Open price: 0.0
High price: 0.0
Average price: 0.0
Close price: 0.0
Low price: 0.0
Change: 0.0%

#
Exchange
Pair
Volume
Volume (%)
1.
XLM/KRW
50 805 493 USD
18.30 %
2.
XLM/USDT
25 833 449 USD
9.30 %
3.
XLM/USDT
20 801 015 USD
7.49 %
4.
XLM/USDT
19 421 442 USD
6.99 %
5.
XLM/USD
17 231 464 USD
6.21 %
6.
XLM/USD
16 321 026 USD
5.88 %
7.
XLM/KRW
15 322 754 USD
5.52 %
8.
XLM/USDT
9 649 927 USD
3.47 %
9.
XLM/USDT
9 478 380 USD
3.41 %
10.
XLM/USDT
5 150 222 USD
1.85 %
11.
XLM/BTC
4 762 710 USD
1.72 %
12.
XLM/USDT
4 388 179 USD
1.58 %
13.
XLM/USDT
4 189 725 USD
1.51 %
14.
XLM/USDT
3 481 235 USD
1.25 %
15.
XLM/BTC
3 416 721 USD
1.23 %
16.
XLM/USDT
3 225 954 USD
1.16 %
17.
XLM/BUSD
3 179 722 USD
1.15 %
18.
XLM/USDT
2 744 480 USD
0.99 %
19.
XLM/BTC
2 279 875 USD
0.82 %
20.
XLM/USD
2 175 210 USD
0.78 %
21.
XLM/USDT
2 101 417 USD
0.76 %
22.
XLM/ETH
1 875 964 USD
0.68 %
23.
XLM/BTC
1 844 039 USD
0.66 %
24.
XLM/XRP
1 742 458 USD
0.63 %
25.
XLM/EUR
1 710 396 USD
0.62 %
26.
XLM/USDT
1 706 571 USD
0.61 %
27.
XLM/USDT
1 561 133 USD
0.56 %
28.
XLM/USDT
1 459 586 USD
0.53 %
29.
XLM/USD
1 444 600 USD
0.52 %
30.
XLM/TRY
1 438 901 USD
0.52 %
31.
XLM/USD
1 364 436 USD
0.49 %
32.
XLM/BTC
1 350 227 USD
0.49 %
33.

AAX AAX

XLM/USDT
1 330 685 USD
0.48 %
34.
XLM/BTC
1 322 995 USD
0.48 %
35.
XLM/BTC
1 268 720 USD
0.46 %
36.
XLM/BTC
1 227 832 USD
0.44 %
37.
XLM/BTC
1 226 821 USD
0.44 %
38.
XLM/USDT
1 179 465 USD
0.42 %
39.
XLM/VET
1 166 080 USD
0.42 %
40.
XLM/USDT
1 068 895 USD
0.38 %
41.
XLM/USDT
1 062 382 USD
0.38 %
42.
XLM/BTC
1 013 286 USD
0.36 %
43.
XLM/USDT
1 012 711 USD
0.36 %
44.
XLM/BTC
996 898 USD
0.36 %
45.
XLM/BTC
955 057 USD
0.34 %
46.
XLM/ETH
926 775 USD
0.33 %
47.
XLM/BTC
890 091 USD
0.32 %
48.
XLM/BTC
875 979 USD
0.32 %
49.
XLM/ETH
820 710 USD
0.30 %
50.
XLM/ETH
768 612 USD
0.28 %
51.
XLM/USDT
757 439 USD
0.27 %
52.
XLM/BTC
731 573 USD
0.26 %
53.
XLM/ETH
696 324 USD
0.25 %
54.
XLM/USDT
660 453 USD
0.24 %
55.
XLM/ETH
652 459 USD
0.23 %
56.
XLM/KRW
648 586 USD
0.23 %
57.
XLM/ETH
645 960 USD
0.23 %
58.
XLM/EUR
615 122 USD
0.22 %
59.
XLM/TRY
591 874 USD
0.21 %
60.
XLM/THB
591 399 USD
0.21 %
61.
XLM/BNB
541 732 USD
0.20 %
62.
XLM/BTC
507 703 USD
0.18 %
63.
XLM/KRW
466 057 USD
0.17 %
64.
XLM/USDT
454 825 USD
0.16 %
65.
XLM/EUR
430 840 USD
0.16 %
66.
XLM/BTC
386 806 USD
0.14 %
67.
XLM/BTC
367 369 USD
0.13 %
68.
XLM/ETH
354 874 USD
0.13 %
69.
XLM/USDT
302 159 USD
0.11 %
70.
XLM/USD
258 385 USD
0.09 %
71.
XLM/USDT
248 314 USD
0.09 %
72.
XLM/USDT
241 185 USD
0.09 %
73.
XLM/ETH
235 155 USD
0.08 %
74.
XLM/ETH
235 082 USD
0.08 %
75.
XLM/USDT
233 203 USD
0.08 %
76.
XLM/ETH
231 382 USD
0.08 %
77.
XLM/ETH
218 718 USD
0.08 %
78.
XLM/BTC
213 224 USD
0.08 %
79.
XLM/USDT
204 351 USD
0.07 %
80.
XLM/USDT
195 845 USD
0.07 %
81.
XLM/USD
145 879 USD
0.05 %
82.
XLM/ETH
142 861 USD
0.05 %
83.
XLM/USDT
130 094 USD
0.05 %
84.
XLM/BTC
122 609 USD
0.04 %
85.
XLM/USDT
119 858 USD
0.04 %
86.
XLM/HUSD
113 508 USD
0.04 %
87.
XLM/INR
111 780 USD
0.04 %
88.
XLM/USD
98 857 USD
0.04 %
89.
XLM/BTC
96 762 USD
0.03 %
90.
XLM/ETH
85 457 USD
0.03 %
91.
XLM/BTC
83 713 USD
0.03 %
92.
XLM/EUR
73 496 USD
0.03 %
93.
XLM/BTC
63 689 USD
0.02 %
94.
XLM/USDT
61 963 USD
0.02 %
95.
XLM/BTC
56 593 USD
0.02 %
96.
XLM/USD
53 958 USD
0.02 %
97.
XLM/CRO
53 538 USD
0.02 %
98.
XLM/USDT
53 197 USD
0.02 %
99.
XLM/ETH
52 295 USD
0.02 %
100.
XLM/PLN
44 834 USD
0.02 %
101.
XLM/GBP
41 211 USD
0.01 %
102.
XLM/BTC
39 056 USD
0.01 %
103.
XLM/USDT
37 284 USD
0.01 %
104.
XLM/ETH
36 207 USD
0.01 %
105.
XLM/UAH
36 023 USD
0.01 %
106.
XLM/RUB
34 382 USD
0.01 %
107.
XLM/RUB
32 401 USD
0.01 %
108.
XLM/ETH
28 982 USD
0.01 %
109.
XLM/BTC
22 590 USD
0.01 %
110.
XLM/USDT
20 118 USD
0.01 %
111.
XLM/AUD
18 992 USD
0.01 %
112.
XLM/KCS
16 615 USD
0.01 %
113.
XLM/UAH
11 862 USD
0.00 %
114.
XLM/BTC
11 293 USD
0.00 %
115.
XLM/BTC
10 035 USD
0.00 %
116.
XLM/BNB
9 476 USD
0.00 %
117.
XLM/EUR
9 233 USD
0.00 %
118.
XLM/BCH
7 168 USD
0.00 %
119.
XLM/ETH
5 249 USD
0.00 %
120.
XLM/BTC
4 892 USD
0.00 %
121.
XLM/EUR
3 230 USD
0.00 %
122.
XLM/USDT
2 211 USD
0.00 %
123.
XLM/ETH
807 USD
0.00 %
124.
XLM/BTC
570 USD
0.00 %
125.
XLM/EUR
527 USD
0.00 %
126.
XLM/BTC
483 USD
0.00 %
127.
XLM/BTC
398 USD
0.00 %
128.
XLM/BTC
279 USD
0.00 %
129.
XLM/ETH
0.0 USD
0.0 %
130.
XLM/BCH
0.0 USD
0.0 %
131.
XLM/BCH
0.0 USD
0.0 %
132.

AAX AAX

XLM/BTC
0.0 USD
0.0 %
133.

ZBG ZBG

XLM/USDT
0.0 USD
0.0 %

About Stellar


Stellar is a decentralized payment network for fast cross-border transfers in any currencies that are converted via a native cryptocurrency. It operates on its Stellar Consensus Protocol and consensus algorithm Federated Byzantine Agreement. The project has affiliated decentralized exchange, StellarX, which allows trading via external interfaces — Stellarport and StellarTerm.

Stellar project history

The crypto project was established by Jed McCaleb and Joyce Kim in April 2014. Mr McCaleb is an entrepreneur and developer with a 20-year experience. In 2000, he established MetaMachine Inc., created file sharing service eDonkey Network and application eDonkey 2000. In 2002, he created decentralized network Overnet. In 2010 — launched crypto exchange Mt. Gox, and sold it a year after. In 2011, together with David Schwartz, Arthur Britto, and Chris Larsen, he started working on Ripple. Mr McCaleb left joint company OpenCoin Inc. in July 2013, two months before it was renamed Ripple Labs Inc.

Joyce Kim is an attorney, entrepreneur, and venture investor. In 2011, together with Eric Nakagawa, she established Simple Honey Inc. that created mobile application Simplehoney. In 2013, this company was acquired by OpenCoin Inc.

On 30 July 2014, Jed McCaleb and Joyce Kim registered nonprofit organisation Stellar Development Foundation in San Francisco (USA). Upon the company’s establishment, David Mazières joined them. He is a professor of computer science from Stanford Secure Computer Systems Group. He became the third co-founder and took the position of the Chief Scientist.

Joyce Kim had been an executive director of the Foundation only up till May 2016, then she left for two investment firms. Jed McCaleb was CTO at first, then CEO, and now he is the Chief Architect. In March 2019, the Foundation hired Denelle Dixon for the CEO and Executive Director position. She used to be COO at Mozilla.

Stellar and investment

On 31 July 2014, Stripe representatives announced that their fintech company had provided financial support for the crypto project in the amount of $3 million two months before. Executives at Stellar Development Foundation confirmed this information but called that sum a loan, which they returned in the form of 2 billion units of the native cryptocurrency. Industry-specific mass media regarded that a seed investment.

That case was the only one similar to an investment in the Foundation. Since then, the Foundation took its turn to invest in prospective startups:

  1. February 2020: $715 thousand investment (in lumen) in exchange DSTOQ.
  2. May 2020: $5 million for application Abra.
  3. May 2020: $550 thousand (in lumen) for service SatoshiPay.

Stellar cryptocurrency features

At first, the Stellar payment network operated on the Ripple Transaction Protocol, the development of which involved Jed McCaleb. In April 2015, David Mazières presented a new protocol with open source code — Stellar Consensus Protocol. He had been working on it since December 2014. He described its benefits in the white paper, although it resembles a technical one. In November 2015, the network transitioned to its own protocol.

The cryptocurrency units had been previously known as stellar and had been listed with the STR ticker on exchanges. In April 2015, they were renamed lumen, and the ticker was changed to XLM. The executives did that to avoid confusion of the currency with the entire network. The user must have at least 1 XLM on their deposit and pay transaction fees, which start from 0.00001 XLM. This minor block from spammers equals $0.0699 and $0.0000007 respectively.

The network is not decentralized enough — about 170 nodes are active. However, there are only 20 organisations among them, and the Foundation itself has only 3 servers. The rest of the nodes belong to independent validators. For validation, they receive at least 100 stroops (=0.00001 XLM). A user can pay more to make the validation faster, although it already takes only five seconds. All transactions are written to the distributed ledger, not to the blockchain because Stellar uses DLT (Ripple also has a ledger instead of a blockchain). The network is capable of handling up to 1000 operations per second without forming a queue.

For the XLM currency, developers recommend using the following wallet applications: Keybase, Lobstr, and Solar Wallet. They have both desktop and mobile versions.

XLM distribution

The project team issued 100 billion XLM at once (STR back then) and after that every week generated about 19.2 million to add 1 billion per year for inflation. The additional currency was distributed amongst major holders so they could vote for financing prospective crypto startups. However, the motivation worked the other way because minor holders united into pools to receive this analogue of a reward for staking and share amongst each other. Although, without this addition, the Foundation regularly performed airdrops along with other projects and exchanges.

In October 2019, the community voted for switching off the mechanism of artificial inflation. Then, XLMs were issued in the following proportion:

  • 20 billion in free circulation;
  • 17 billion as operating currency of the Foundation;
  • 68 billion for free distribution — airdrops to users and partner financing of crypto startups.

In November 2019, the Foundation decided to eliminate 55 out of 85 billion XLM and leave 12 billion for operational needs, 12 billion — for financing, and only 6 billion for airdrops. It had a positive effect on the Stellar price.

Stellar price dynamics

Stellar was listed on exchanges on 5 August 2014 at the price of 0.0024 USD. The first uptrend happened from 10 to 22 September: the price went up from 0.0023 to 0.0040 USD. Then it was corrected and XLM went flat, during which on 18 November, the currency set an all-time low of 0.0014 USD. From 14 to 26 December, XLM rose more — from 0.0025 to 0.0062 USD, which became the high of 2014.

XLM’s ups and downs in 2015–2018

Chronology of strong trends with significant changes in the XLM price that led to highs and lows of the year:

  • 2015. From 4 to 10 January: 0.0044 USD ⤴ 0.0056 USD (a high). From 8 to 26 December: 0.0023 USD ⤵ 0.0017 USD (a low).
  • 2016. From 8 April to 27 May: 0.0022 USD ⤵ 0.0014 USD (a low). From 19 to 28 September: 0.0019 USD ⤴ 0.0031 USD (a high).
  • 2017. During a flat period on 1 March, a low was set at 0.0017 USD. From 21 to 30 May: 0.0608 USD ⤵ 0.0310 USD. From 29 November to 31 December: 0.0644 USD ⤴ 0.3608 USD (a high).
  • 2018. From 1 to 3 January: 0.4800 USD ⤴ an all-time high of 0.8962 USD. From 4 January to 5 February: 0.7241 USD ⤵ 0.3312 USD. From 18 November to 15 December: 0.2498 USD ⤵ 0.0954 USD (a low).

XLM price changes in 2019

For 2019, the Stellar chart showed six notable trends:

  1. 📉 A downtrend from 9 January to 6 February: the price fell from 0.1238 to 0.0744 USD.
  2. 📈 An uptrend from 14 February to 8 April: the price rose from 0.0766 to 0.1320 USD.
  3. 📉 A downtrend from 9 April to 9 May: the price fell from 0.1254 to 0.0902 USD.
  4. 📈 An uptrend from 10 to 19 May: the price rose from 0.0925 to 0.1415 USD, a high of the year.
  5. 📉 A downtrend from 2 June to 13 September: the price fell from 0.1376 to 0.0569 USD.
  6. 📉 A downtrend from 11 November to 25 December: the price fell from 0.0798 to 0.0434 USD, a low of the year.

Stellar prediction for 2020 and cryptocurrency prospects

In 2020, XLM followed market trends along with BTC and its direct competitor, XRP. Only during uptrends, its growth was more dynamic. So, from 1 January to 14 February, its price rose from 0.0455 to 0.0858 US dollars — an increase of 88.6% (BTC had +43.2%, and XRP had +73.7%). During the collapse from 9 to 12 March, XLM fell from 0.0519 to 0.0344 US dollars — a decrease of 33.7% (BTC had −37.3%, and XRP had −33.3%). It restored the price from 30 March to 2 May more actively: from 0.0402 to 0.0755 US dollars — an increase of 87.8% (BTC had +39.8%, and XRP +30.0%). The indicators of 14 February and 12 March are still considered the high and low of the year, respectively.

While Ripple’s prospects depend on partnerships with banks, Stellar’s widespread distribution is facilitated by partnerships with companies. Stellar is working on collaborations with IBM World Wire, Saldo, and SatoshiPay, so there is a chance to strengthen its position in the fintech market.

Here are the XLM price predictions for 2020 from technical analysis experts:

Analysts August 2020 October 2020 December 2020
Digital Coin Price $0.1226 $0.1025 $0.0599
Long Forecast (EFA) $0.0580 $0.0540 $0.0570
Trading Beasts $0.0785 $0.0763 $0.0759
Wallet Investor $0.0402 $0.0048 $0.0171

 

Stellar roadmap

A vague roadmap for the current year is published on stellar.org, which does not indicate specific plans and timelines. Therefore, for now, we will draw up our map of past significant events.

  • 16 April 2015: the creation of its own protocol to replace the Ripple Transaction Protocol; white paper publication; renaming currency.
  • 7 October 2015: adding functions for batching operations and multisignatures to accounts.
  • 3 November 2015: transition to Stellar Consensus Protocol.
  • 1 December 2015: the creation of Horizon — HTTP API with open-source code for developers’ interaction with the network.
  • 6 November 2018: airdrop of 375 million XLM to users of the Blockchain wallet.
  • 11 March 2019: announcing a new logo shaped like Saturn, which replaced a rocketship in the course of redesigning in May.
  • 11 August 2019: website update with the addition of new sections.
  • 30 October 2019: turning off the XLM inflation mechanism.
  • 4 November 2019: eliminating 55 billion XLM, redistribution of the rest according to the new mandate.

As soon as the team announces changes or new ideas that can influence the Stellar exchange rate to the US dollar, we will add new items to the list.

The user’s USD wallet in personal account is a simulation wallet. Buying and selling coins in indices, gains or losses thereon are a virtual simulation. We are not able to conduct any transactions with real currency. *Partnership service Coin-cap.pro does not offer the service of buying or selling cryptocurrencies.