Stellar Price today is $0.1876 - Stellar exchanges, Stellar Price prediction, market live

stellar Stellar (XLM)

$0.1876
-2.12% (24H)
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Market CapVolumeAvailable Supply
$4.64 B $475.35 M24.80 B XLM

Stellar price today is $0.1876, Stellar price -2.12% down in 24h, Stellar market cap is $4.64 B, Stellar exchanges, Stellar price prediction, price charts, market live

Stellar is a distributed hybrid blockchain platform that aims to connect financial institutions. And drastically reduce the cost and time required for cross-border transfers.

Transactions on the Stellar network take 2-5 seconds, and on average, fees cost just a fraction of a cent.

Stellar was founded by Jed McCaleb and Joyce Kim. Jed McCaleb is also the founder of Ripple.

At present, the company is being managed by a team of well-trained and well-experienced board members led by Joyce Kim.

Stellar's basic operation is similar to that of most decentralized payment technologies.

It runs a network of decentralized servers with a distributed ledger that is updated every 2 to 5 seconds among all nodes.

Stellar has its native token called lumen (XLM) which acts as an intermediary currency on the stellar network.

It was released in the Year 2014.

Lumens acts as a bridge in order to facilitate multi-currency transactions.

Transactions such as sending money in EUR, and then receiving it in USD that too at very low cost.

Many big companies like IBM, Deloitte, KlickEx, and Stripe, have partnered with the stellar payment network.

Stellar quickly developing eco-system and plus the demand of the payment network makes Stellar the best altcoins to invest in 2019 and in the coming few years.

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