Stellar
StellarRank: # 25
Market Cap: $ 7,699,138,385
Volume (24hrs): $ 322,681,418
Circulating Supply: 32,415,335,742 XLM
Price in BTC: Ƀ 0.00000244
Change (1 Hr): 0.22%
Change (7 Days): 2.11%
Change (30 Days): 8.25%
All Time High: $ 0.875563
All Time High Date: January 3, 2018
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Stellar Coverter:
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- Zcash Foundation says SEC closed 2023 probe into privacy coinCointelegraph.com News - 4 hours agoThe investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation.The foundation…
- Ether’s price vs. fundamentals gap may signal a 2026 opportunityCointelegraph.com News - 5 hours agoEtherealize CEO Vivek Raman argues that ETH’s lagging price masks strengthening fundamentals that could reshape how the token is valued in 2026.Ether’s price performance left…
- Bitcoin hits 2026 high above $97K, data shows sufficient fuel for higher pricesCointelegraph.com News - 5 hours agoBitcoin rallied to $97,500, and multiple data points suggest bulls are planning to push the price above $100,000. Is the bull market back?Bitcoin’s (BTC) start-of-year…
- Vitalik’s take on decentralized stablecoins: What it means for DeFiCointelegraph.com News - 5 hours agoVitalik Buterin argues DeFi still lacks resilient decentralized stablecoins, highlighting benchmark risk, oracle design flaws and staking-driven incentives. A decentralized stablecoin aims to maintain a…
- Figure Technology unveils blockchain platform for direct stock lending: ReportCointelegraph.com News - 5 hours agoThe Nasdaq-listed company is rolling out an onchain equity system that allows real shares to be issued and lent directly on blockchain infrastructure.Figure Technology Solutions,…
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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