Stellar USD Quote
| Symbol: | XLMUSD |
|---|---|
| Quote: | 0.27 |
| Change: | +0.00 |
| Change %: | +1.87% |
| Open: | 0.26 |
| High: | 0.27 |
|---|---|
| Low: | 0.26 |
| Volume: | 304,427,168 |
| 52 Week: | 0.08-0.63 |
| Cap: | 7.90 B |
Stellar USD Report
Stellar (XLM) represents a decentralized blockchain platform designed to facilitate fast and low-cost cross-border payments and asset transfers. Launched in 2014 by Jed McCaleb, co-founder of Ripple, Stellar aims to connect financial institutions, payment systems, and individuals globally, enabling efficient transactions and financial inclusion. Stellar operates on a consensus protocol known as the Stellar Consensus Protocol (SCP), which differs from traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms by using federated Byzantine agreement (FBA) to validate transactions. This consensus model ensures rapid transaction confirmation times and scalability, making Stellar well-suited for applications requiring high throughput and reliability.
One of Stellar's key features is its ability to issue and transact with tokenized reprresentations of various assets, including fiat currencies and cryptocurrencies. These tokens, known as Stellar Lumens (XLM), facilitate seamless conversion and transfer of value on the Stellar network. XLM also serves as a native asset that powers the Stellar network by preventing spam transactions and supporting various network operations. With a focus on interoperability and accessibility, Stellar continues to expand its partnerships and integrations to enhance global financial connectivity and empower users with fast, secure, and affordable financial services.
Stellar's commitment to financial inclusion and efficiency extends beyond its technical capabilities to include robust partnerships with financial institutions, payment processors, and technology companies worldwide. By leveraging blockchain technology, Stellar addresses challenges in traditional payment systems, such as high costs, lengthy transaction times, and limited accessibility. Its user-friendly platform and developer-friendly tools support the creation of innovative applications in sectors ranging from remittances and micropayments to asset tokenization and decentralized exchanges. As Stellar continues to evolve and gain traction in the blockchain space, its vision of creating a more inclusive and efficient global financial system remains central to its mission, driving advancements in cross-border payments and financial services.
Stellar USD Chart
Stellar USD Crypto News
XLM's breakout potential hinges on short liquidations and rising Open Interest as support holds. 9 hours ago |
The Stellar price has crashed by double digits over the past week, mirroring the dwindling climate of the altcoin market. However, if the latest price action is anything to go by, XLM could be gearing up for a significant bullish rally in the coming days. 23 hours ago |
XLM, the native token of Stellar and an XRP rival, is poised for a massive price decline as it has formed a bearish price pattern on the four-hour timeframe. The asset is holding above a crucial level, but due to bearish market sentiment and continuous price drops, it has reached a critical make-or-break level. 1 days ago |
As the broader crypto market faces renewed selling pressure, analysts are zooming out on various crypto assets to determine their price outlook. 1 days ago |
Stellar (XLM) is attempting to reclaim a recently lost level that could propel the price to a retest of a key resistance zone. Some market watchers suggested that its price could be preparing for a massive surge to a new all-time high (ATH). 3 days ago |