Verified OGs:
8
CryptoFam:
97
Projects:
20831
BTC:
$104826
-1.77%
ETH:
$3857.14
-4.30%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
9.5176730042389E+24.0T
Fear&Greed:
87

Stellar XLM
$0.433124 3.83%
OG Score 97.77
Reviews 1
TBA 0
Stellar XLM Price
$0.433124 1.9%
Low All Time High
$0.00047612 $0.875563
About Stellar

Stellar (XLM) offers fast, low-cost cross-border transactions with blockchain technology... Learn More

OG Score 97.77
Reviews 1
Market Cap $13.12B
Market Cap Rank # 19
Token Stats
Fully Diluted Valuation $21.71B
24H Trading Volume $1.61B
24H Low / High $0.41 / $ 0.47
Circulating Supply $ 30.21 B
Total Supply $ 50.00 B
Max Supply $ 50.00 B
Info
Categories Cryptocurrency 2 more
Founder Jed McCaleb Joyce Kim David Mazieres
Website stellar.org medium.com
Socials
Chains Stellar Ecosystem
XLM Price Chart
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OG Evaluation

OG Score
Reviews 1
OG Score Rank #1
Gem Score 99

OG Reviews

Jhon Doe 21.10.2024 0x4f5...5f294
53.50
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BTC 60,186
Martha Vasquez 11.09.2024 0x4f5...5f294
70.23
The point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a more-or-less normal distribution Read More 70.23
BTC 60,186
Antonio Ferguson 12.12.2024 0x4f5...5f294
40.32
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BTC 60,186
Ted Gardner 11.12.2024 0x4f5...5f294
55.20
The point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a morThe point of using Lorem Ipsum is that it has a more-or-less normal distribution Read More 55.20
BTC 60,186

Markets

Exchange Pair OG Score TBA 24h Volume

About Project

About Project
Read More Read Less

What is Stellar (XLM)?

Stellar (XLM): Revolutionizing Cross-Border Transactions

 

In the realm of digital transactions, Stellar (XLM) shines brightly as a beacon of innovation and accessibility. Launched in 2014 by Jed McCaleb, co-founder of Ripple, Stellar presents itself as an open-source network designed to democratize the movement of money across borders. The platform leverages blockchain technology to facilitate fast, energy-efficient, and cost-effective transactions, challenging traditional financial systems with its decentralized approach.

 

The Core of Stellar: Lumens (XLM)

At its core, Stellar Lumens (XLM) serves as the native token fueling the Stellar network. With minimal transaction fees of just 0.00001 XLM, equivalent to a few cents, Stellar offers a compelling alternative to traditional fiat-based payment solutions. This affordability empowers users to conduct almost real-time cross-border transactions, transcending the barriers imposed by conventional banking systems.

 

Partnerships Driving Progress: The IBM Collaboration

Central to Stellar's mission is its partnership with industry giants like IBM, epitomized by the World Wire project. This collaboration enables mainstream financial institutions to harness the power of Stellar's blockchain for seamless transactions using bridge assets such as stablecoins. Such initiatives underscore Stellar's commitment to fostering global financial access and inclusion.

 

The Multifaceted Role of XLM within Stellar

Beyond facilitating transactions, XLM plays a multifaceted role within the Stellar ecosystem. It serves as a safeguard against fraudulent activities, requiring a minimum balance of 1 XLM for each account created on the network. Moreover, XLM acts as a medium of exchange, enabling users to transact illiquid assets efficiently. Stellar also incentivizes developers through grants in XLM, driving innovation and expanding the platform's reach.

 

Unique Features Setting Stellar Apart

Stellar's unique features set it apart in the crowded blockchain landscape. Unlike its counterparts, Stellar utilizes a federated Byzantine agreement (FBA) algorithm instead of traditional mining networks, ensuring faster transaction validation. Furthermore, Stellar's focus on cross-border payments resonates with individuals and small businesses, offering a streamlined and cost-effective solution for global transactions.

 

The Journey of Stellar: Milestones and Innovations

The journey of Stellar has been marked by milestones and innovations. From its inception as a vision to revolutionize financial access to its evolution into a globally recognized blockchain platform, Stellar continues to push boundaries and redefine possibilities. With its commitment to low fees, accessibility, and partnerships with industry leaders, Stellar remains at the forefront of transforming the way we transact in the digital age. As the world increasingly embraces decentralized finance, Stellar stands as a testament to the power of blockchain technology in fostering a more inclusive and interconnected financial ecosystem.

 

What is unique about Stellar (XLM)?

Stellar's unique feature lies in its minimal transaction fees of 0.00001 XLM, enabling almost real-time cross-border transactions at a fraction of the cost compared to traditional fiat-based systems.

Who are the founders of Stellar (XLM)?

Stellar (XLM) was founded by Jed McCaleb, co-founder of Ripple, along with partner Joyce Kim in 2014, with a vision to democratize financial access and inclusion.

Who are the backers/investors of Stellar (XLM)?

Stripe's CEO Patrick Collison was a co-collaborator on the Stellar Development Foundation (SDF), investing $3 million in exchange for 2 billion XLM tokens.

Where can I buy Stellar (XLM)?

 

What are Stellar (XLM) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Stellar XLM. To access these ratings, evaluations, and comments, click here.

How to mine Stellar (XLM)? How can I stake Stellar (XLM)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Stellar (XLM)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Stellar (XLM) is ($30,205,634,070), max supply of Stellar  XLM is ($50,001,786,911) and the market cap of Stellar  XLM is ($13,116,556,166)

What is the Stellar (XLM) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Stellar (XLM)?

The current market price of Stellar (XLM) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Stellar (XLM) a good investment?

It is important to do comprehensive research before deciding whether Stellar (XLM) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Stellar XLM) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Stellar (XLM) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Stellar (XLM) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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