The live Stellar (XLM) price today is $0.23961 USD**, with a 24-hour trading volume of **$149.03 million USD. Our XLM-to-USD exchange rate updates in real-time. Stellar has declined -2.67% over the past 24 hours.
Key Metrics
- Market Cap Rank: #20
- Live Market Cap: $7.37 billion USD
- Circulating Supply: 30.93 billion XLM
- Max Supply: 50 billion XLM
What Is Stellar (XLM)?
Stellar is an open-source, decentralized blockchain network designed to facilitate fast, low-cost cross-border payments and multi-currency exchanges. Unlike traditional financial systems, Stellar aims to provide financial inclusion by enabling affordable transactions for users worldwide.
Core Features of Stellar
- Cross-Asset Transfers: Supports exchanges between fiat currencies (e.g., USD, EUR) and cryptocurrencies.
- Distributed Exchange: Uses an order book system to find optimal exchange rates.
- Lumens (XLM): The native cryptocurrency that acts as a bridge for multi-currency transactions.
👉 Discover how Stellar compares to other blockchain networks
How Stellar Works
1. Anchors: Bridging Currencies
Anchors are trusted entities that:
- Hold deposits.
- Issue credit for transactions.
- Enable interoperability between traditional currencies and the Stellar network.
2. Role of Lumens (XLM)
- Transaction Facilitation: XLM minimizes fees for cross-currency trades (e.g., USD to EUR).
- Anti-Spam Mechanism: A nominal fee (0.00001 XLM per transaction) prevents network spam.
3. Inflation Mechanism (Deprecated)
Stellar originally included an inflation model to fund ecosystem projects. However, due to inefficiencies, it was phased out via Protocol 12.
FAQ: Stellar (XLM) Explained
1. What makes Stellar different from Ripple?
- Stellar is decentralized and non-profit, while Ripple operates as a for-profit entity.
- Both focus on cross-border payments but target different user bases.
2. How do I buy XLM?
You can purchase XLM on major exchanges like OKX, Binance, or Coinbase.
👉 Learn where to trade Stellar Lumens securely
3. What is the purpose of Lumens (XLM)?
XLM serves as:
- A transactional intermediary.
- A spam-prevention tool via micro-fees.
4. Is Stellar’s supply capped?
Yes—the maximum supply is 50 billion XLM, with ~30.93 billion currently circulating.
Final Thoughts
Stellar’s focus on low-cost, scalable financial solutions positions it as a key player in blockchain-based payments. For real-time XLM price updates and trading, stay tuned to trusted platforms.