Stellar Consensus Protocol, or just Stellar for short, is decentralized protocol, designed for low-cost exchanging tokens or money, including transfers of a variety of digital currencies to fiat money; this protocol is capable of making cross-border transactions between any pair of them. It’s completely open-source – its source code is posted to GitHub.
This decentralized network was specially designed to enable users can create, send and trade cryptocurrency of different types is also named Stellar. Conceived in 2014 and launched in 2015, the network declared connecting financial systems all over the globe as its mission.
The native currency of Stellar platform is dubbed Lumens, or XLM. The current transaction fee over the network is as little as 100 stroops, or 0.00001 Lumen, which is equivalent to 1/10,000 of a US cent.. (A stroop is the smallest fraction of a XLM, or Lumen: one-millionth of it, i.e. 0.000001, or 0.00001 10^-6.)
The stellar cryptocurrency price history is a row of ups and downs. Back in 2014, just after its launch, it was as low as $0.003, and it remained below a cent until May 2017. In late 2017 and early 2018 it skyrocketed; on 4 January 2018 it reached $0.9381. In fact that growth still is a record at the crypto market.
Since then, these numbers have been significantly fluctuating; e.g. on 6 January 21, stellar lumen’s price almost doubled in a few of hours, from of $0.1942 to $0.3835. However, in spite of high volatility, XML might be a good investment. Over 2020 the coin performed pretty well, and in 2021, it grew in value from $0.13 at the beginning of the year.
Current XLM stellar price is $0.263262;
24-hour trading volume of stellar coins is $556,557,053;
During the last 24 hours, the price of stellar lumens went up 1.85%;
Stellar lumens cryptocurrency ranks #26 by market capitalization; its current market cap is $6,484,051,150;
There currently are 24,629,678,103 tokens in circulation;
The maximum supply is 50,001,806,812 coins.
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