Stellar (XLM) is a peer-to-peer (P2P) decentralized network created in 2014 by The Stellar Development Foundation or Stellar.org. The network officially launched in 2015 with the …

Stellar (XLM) reached an all-time high of $0.8756 and an all-time low of $0.0004761. It’s now trading 67.19% below that peak and 60,236.21% above its lowest price.

Track the value of Stellar virtual currency (XLM), smart contracts, assets, live transactions, exchange rates from BTC/USD and charts. Stay informed with the latest data at Stellar Explorer.

Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect the world’s financial system, enabling businesses and developers to take advantage of the network’s fast speeds, low transaction costs, and interoperability. Stellar Lumens launched on Coinbase on January 18, 1970 at 11:16 PM.

Stellar’s price today is US$0.2901, with a 24-hour trading volume of $175.48 M. XLM is +0.00% in the last 24 hours. XLM has a circulating supply of 30.78 B XLM and a max supply of 50 B XLM. Stellar connects financial institutions to make it easy for people to create, send, and trade digital representations of all forms of money.

Stellar launched in 2015 as a new and quirky alternative to storing and moving money. The protocol links people, banks, and other financial institutions with the intention of reducing transaction costs and time lags between transfers. Its native token Lumens (XLM) is used as an intermediary between different fiat currencies.

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By design, the Stellar network requires that each account hold a small number of lumens at all times. This lumen requirement is modest — a few is more than enough for most accounts. The full technical details are covered in the Stellar developer docs, but, below, we explore some high-level concepts. Why Does the Stellar Network Require Lumens?

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