Stellar
StellarRank: # 21
Market Cap: $ 5,757,885,617
Volume (24hrs): $ 161,678,013
Circulating Supply: 32,581,462,609 XLM
Price in BTC: Ƀ 0.00000231
Change (1 Hr): 0.01%
Change (7 Days): -14.92%
Change (30 Days): -24.30%
All Time High: $ 0.875563
All Time High Date: January 3, 2018
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- Spain to follow UK with plans to ban social media for children under 16Cointelegraph.com News - 10 hours agoPedro Sánchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives.Spain’s Prime…
- Bitcoin, crypto 'winter' soon over, says BitWise exec as gold retargets $5KCointelegraph.com News - 10 hours agoBitcoin failed to attack $80,000 resistance as gold sought a $5,000 reclaim, while analysis argued that “crypto winter” began in January 2025.Bitcoin (BTC) returned to…
- World Liberty launches $3.4B stablecoin: How it fits into onchain credit systemsCointelegraph.com News - 10 hours agoWorld Liberty launches a $3.4-billion stablecoin and lending platform, positioning it within onchain credit, collateralized loans and DeFi markets.World Liberty Financial has entered DeFi lending…
- Did Solana bottom at $100? SOL price charts hint at a 150% rallyCointelegraph.com News - 11 hours agoSolana price technicals suggest that the recent correction to $100 was a buy-the-dip opportunity as traders look for a recovery path toward $260.Solana (SOL) price…
- Rails taps Stellar to launch onchain vaults for institutional derivatives liquidityCointelegraph.com News - 11 hours agoRails is betting that Stellar‑based smart contract vaults, onchain proofs and segregated collateral can make high‑speed perpetuals more palatable to institutions.Institutional crypto derivatives provider Rails…
What is Stellar?
Stellar is a public blockchain platform that uses the Stellar consensus protocol (SCP). The node that finds next valid block is chosen by federated byzantine agreement. This makes the blockchain centralized permission based, as opposed to decentralized blockchains like Bitcoin or Ethereum. Stellar is a community driven open source project launched in November 2014 and written on C++. It is maintained and supervised by non-profit organisation Stellar.org.
The main purpose of creating this ockchain was to expands access to low-cost financial services. Stellar operates with its own token Lumen, supply of which increases a fixed rate of 1% a year. Main difference from Bitcoin is that it is based on the SCP consensus algorithm rather than mining, which means transactions are being confirmed within 2-7 seconds. Stellar has an SDKs that allows users to connect to the blockchain with external software written in Java, Golang, JavaScript, C#, Ruby, Python, Scala, iOS or any other software using REST API. Each transaction has a cost of 100 Stroops (0.00001 Lumens).
Stellar is mainly used by Money transfer companies like Tempo, Eurochange and TransferTo and mobile financial services providers like Coins.ph.
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