Stellar Price and Market Data
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BTC price 0.00000731 BTC |
24 hours change (-0.68%) |
7 days change (-4.68%) |
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.
Market Cap | 24h Volume | Available Supply | Total Supply |
---|---|---|---|
$1,056,645,685 | $188,862,000 | 20,054,779,554 XLM | 50,000,000,000 XLM |