Find out Stellar Lumens price right now, XLM Stellar rating, market cap, and more. Be among the first to know about the changes in XLM coin price.
Stellar has a market value of $ 0.426554 and a total market cap of $ 9,604,679,772 and currently ranked at #11 of all cryptocurrencies.
The price for today is 2.61%, with 24 Hour volume sales of $ 0.426554.
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Stellar is a decentralized, and open-source network for payments and currencies, established to enable the financial systems around the world to connect and work seamlessly via a single network. The platform allows the creation and trading of the digital version of any medium of exchange, such as the United States dollar (USD), Bitcoin (BTC), Pesos, and others.
It reportedly handles a significant volume of transactions on a daily basis. It operates with the aid of blockchain technology to ensure that its network is in sync, in the same manner as Bitcoin and Ethereum. Even at that, Stellar is faster and energy-efficient when compared to other systems based on blockchain, providing a better end-user experience similar to cash.
Stellar has a vast use case, and many big companies like Parkway Projects and Deloitte are reportedly making use of Stellar, via its enterprise-friendly native cryptocurrency known as Stellar Lumens (XLM).
Many people see the cryptocurrency as the same as Ripple (XRP) because they are finance and banking-focused cryptos, or because one of the founders of XRP had a hand in XLM. Still, both cryptos are different. The potential use-case of XLM, particularly its enterprise-friendliness in nature, has been spurring price speculations for the cryptocurrency.