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Stellar Lumens Price and Market Data

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Stellar Lumens

Symbol: XLM
Website: Website Link
Discussion: Discussion Link
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Stellar Lumens price

$0.035206 (-5.73%)

BTC price
0.00000657 BTC
24 hours change
7 days change
Stellar Lumens Description

The main difference between Stellar and other cryptocurrencies is that Stellar runs on a consensus algorithm, rather than mining. This means that transactions generally confirm within a few seconds, even faster than most coins where it can take minutes to confirm a transaction.

Because Stellar isn't mined, the supply of Lumen (the name of their coin) increases at a fixed rate 1% per year.

Another key difference between Stellar and the more popular coins like Bitcoin is that it is not intended to replace other currencies, but rather be an invisible, "behind-the-scenes" currency used for low-cost transactions and transfers between currencies, which would be extremely helpful in poorer areas.

Stellar Lumens market data
Market Cap 24h Volume Available Supply Total Supply
$583,990,486 $100,827,000 16,587,811,333 XLM 103,353,513,548 XLM
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