Stellar (XLM)
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Chart: TradingView Lightweight Charts™ · Data: CoinMarketCap
Stellar value in USD
Conversions using the latest available price. Excludes fees and the bid-ask spread.
| XLM amount | Value |
|---|---|
| 0.001 XLM | $0.000180 |
| 0.01 XLM | $0.00180 |
| 0.1 XLM | $0.0180 |
| 1 XLM | $0.1802 |
| 10 XLM | $1.80 |
| Budget | Estimated amount of XLM |
|---|---|
| $100.00 | 555.02711523 XLM |
| $500.00 | 2,775.13557613 XLM |
| $1,000.00 | 5,550.27115226 XLM |
| $5,000.00 | 27,751.35576132 XLM |
| $10,000.00 | 55,502.71152264 XLM |
Stellar in brief
Stellar is an open blockchain network launched in 2014 to make cross-border payments and digital asset issuance fast and cheap. XLM, also called the lumen, is its native asset, used for transaction fees and account reserves.
Official source: developers.stellar.org
Safety note: download wallets and apps only from the official site, and beware of unsolicited "support" accounts and fake airdrop sites.
Where does Stellar trade against the Turkish lira?
- Binance TR
- BtcTurk
- OKX TR
- Paribu
On this page 7
Stellar is an open-source blockchain network built to make money transfers fast and cheap, and to let institutions issue digital versions of assets such as dollars or euros. Its native asset is XLM, also known as the lumen. The project was started in 2014 by Ripple co-founder Jed McCaleb and Joyce Kim, and its development is led by the non-profit Stellar Development Foundation (SDF).
How does Stellar work?
Stellar does not use mining. The network runs on the Stellar Consensus Protocol (SCP), introduced in 2015: each validator chooses which groups of other validators it trusts, and agreement on the shared ledger emerges from these overlapping trust relationships (see consensus). A new ledger closes roughly every five seconds, and transactions are final once it does.
The network also has a built-in decentralised exchange. A feature called “path payments” lets a sender pay in one asset while the recipient receives another, with the conversion handled automatically through offers on the network. It was designed with currency-converting international payments in mind.
What is XLM used for?
XLM has two core jobs: paying transaction fees and meeting account reserves. The standard fee is a tiny amount, 0.00001 XLM, set mainly to stop spam. Every Stellar account must hold a minimum XLM balance to stay open, and each extra entry, such as a trustline or an open trade offer, raises that reserve. That is why you may not be able to send every lumen in your wallet.
XLM can also act as a bridge asset. A trade between two currencies with few direct buyers can be completed in two steps through XLM.
What are anchors and trustlines?
Much of Stellar’s real-world use comes from assets issued by “anchors”. An anchor holds a traditional asset, such as bank deposits, and issues a matching token on the network; Circle’s USDC is issued natively on Stellar. In 2021 MoneyGram announced a partnership to offer cash on- and off-ramps for USDC on Stellar.
To receive such tokens, an account must open a trustline to the issuer, meaning it agrees to hold that issuer’s asset. Tokens with the same code (USD, for example) from different issuers are different assets, and their value depends on how trustworthy the issuer is. Native XLM needs no trustline.
XLM supply and key milestones
The network launched with 100 billion XLM and a 1% annual inflation mechanism. In 2019 inflation was switched off and the SDF burned about 55 billion XLM from its holdings, fixing total supply at roughly 50 billion. No new XLM is created; circulating supply grows as the SDF releases its remaining lumens to the market and ecosystem programmes.
In February 2024 the Soroban smart contract platform went live on mainnet. Developers write contracts in Rust, which opens the door to DeFi applications such as lending and swaps on top of Stellar’s payment rails.
What are the risks of Stellar?
Network security depends on how validators configure their trust, and the SDF still plays a central role in the ecosystem. In May 2019 the network briefly stopped producing ledgers after some validators went offline. The large XLM balance held by the SDF can also add selling pressure as it enters circulation.
In practice, the most common problem is a missing memo. Some exchanges use one shared Stellar address for all customers and identify deposits by memo. If the memo is missing or wrong, the transaction can succeed on chain yet never reach your account, so always copy both the address and the memo from the deposit screen.
How to read the market data
The price and market cap on this page refer to XLM alone; stablecoins circulating on Stellar are not included. Large USDC flows across the network do not mean an equal amount of XLM was bought. The gap between total and circulating supply comes largely from lumens still held by the SDF.