Stellar
StellarRank: # 22
Market Cap: $ 5,163,127,797
Volume (24hrs): $ 152,864,728
Circulating Supply: 33,489,526,397 XLM
Price in BTC: Ƀ 0.00000195
Change (1 Hr): -0.12%
Change (7 Days): -6.05%
Change (30 Days): -2.52%
All Time High: $ 0.875563
All Time High Date: January 3, 2018
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Ethereum analysts see ‘downside risks’ as bears eye 20% ETH price dropCointelegraph.com News - 5 hours agoEthereum analysts said that increasing supply on exchanges and declining ETF demand put ETH at risk of another leg down to $1,700.Market analysts say Ether…
- Crypto’s CLARITY Act faces partisan fight over ethics on Senate floorCointelegraph.com News - 5 hours agoWhile Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, and no Democratic amendments were adopted. The US Senate…
- Bitcoin price dives under $79K as US bond market triggers 3% BTC price routCointelegraph.com News - 5 hours agoBitcoin joined stocks in a sell-off over US bond yields as BTC price action eyed its lowest levels for May after giving up gains.Bitcoin (BTC)…
- Augustus CEO says banks can’t rebuild for AI and stablecoinsCointelegraph.com News - 5 hours agoAugustus Bank CEO Ferdinand Dabitz says legacy clearing banks can’t be rebuilt for AI after the OCC grants conditional approval for its stablecoin-focused US bank…
- BloFin War of Whales 2026 Grand Prix opens registration for $5M trading championshipCointelegraph.com News - 6 hours agoBloFin, a prominent global cryptocurrency exchange, has officially opened registration for its highly anticipated trading competition, the WOW (War of Whales) 2026 Grand Prix.May 15,…
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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