= 0.000003817759 BTC
(-2.06%) | =
Low: $0.108786High: $0.110047
24H Low / High
7D Low / High
30D Low / High
90D Low / High
Fully Diluted Valuation$5,445,519,836
24H Spot Volume$97,068,950
24H Volume / Market Cap0.03
Project Start Date2014 Jul
What is Stellar (XLM)
Stellar is a layer-1 open-source, decentralized, peer-to-peer blockchain network that provides a framework for developers to create applications, issue assets, and connect to existing financial rails. By TokenInsight Research
On August 2, 2022, Stellar announced the launch of the preview version of Soroban, a smart contract platform developed by the Stellar Development Foundation. With this preview, developers can write and test contracts on their local machine without depending on a running network.
On May 24, 2022,Mercado Bitcoin, the largest exchange in Latin America, has partnered with the Stellar Development Foundation (SDF) to develop one of the nine projects selected for the LIFT Challenge Real Digital, a collaborative environment carried out by the Central Bank of Brazil (Bacen), in partnership with National Federation of Associations of Central Bank Servers (Fenasbac), to explore use cases for a Central Bank Digital Currency (CBDC). With this announcement, SDF joins CPQD and ClearSale as part of Mercado Bitcoin’s LIFT Challenge consortium.
On Mar 24, 2022, Stellar announced a project: Starbridge, a trust-minimized integration between Stellar and Ethereum.
California-based Franklin Templeton launched the first US mutual fund to use blockchain to process transactions and record share ownership using Stellar.
On December 9, 2020, Bitbond, Germany’s leading tokenization and digital asset custody technology provider, and Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, have joined forces to issue a Euro (EUR) stablecoin (EURB) on the Stellar network.
On April 30, 2020, The Stellar Development Foundation announced the signing of an exclusive partnership with Elliptic, the leading provider of crypto-asset risk management solutions for crypto businesses and financial institutions.
In November 2019, the Stellar Development Foundation announced it burned more than 55 billion XLM (~55%) tokens as it moves away from airdrop programs. Citing a declining utility from airdrops, the SDF burned 50 billion of those tokens along with 5 billion of the 17 billion previously held in its operating fund. The burn reduced the total supply to 50 billion XLM of which SDF's ownership of the total dropped from XLM supply from 85% to 60%.
Fixed some snapshot files that could be corrupt when generated (rendering them unusable)
Fixed bug allowing peer to perform multiple handshakes in parallel denying other nodes from connecting. exploited: no mitigation: code fix
Fixed all peers got dropped when node was getting overloaded by a single peer (DDoS)
Fixed overflow in base reserve computation would allow certain operation to reduce the balance below reserve. While it was possible to take the balance below reserve, this would simply make accounts unusable until more Lumens were sent to the account.
Fixed invalid use of cached data could lead to lumen creation (double spend) or destruction. Rogue transactions caused new Lumens to be created, not accounted for in total coins. In order to restore the ledger to its expected number of coins, the Stellar Foundation burned Lumens using one of the bugs fixed in this release, practically speaking this ended up being equivalent to a forced distribution of Lumens by the foundation.
The Stellar Development Foundation released an upgraded protocol with a new consensus algorithm in April 2015 which went live in November 2015. The new algorithm used SCP, a cryptocurrency protocol created by Stanford professor David Mazières.
By January 2015, Stellar had approximately 3 million registered user accounts on its platform and its market cap was almost $15 million.