Stellar's XLM/USD Price Has Increased 3.11% Over the Past 24 Hours to $0.10

Over the past week, XLM has experienced an uptick of over 8.0%, moving from $0.09 to its current price.

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Stellar Lumens (CRYPTO: XLM) price rose 3.11% over the past 24 hours to $0.10. Over the past seven days, XLM has seen an uptick of over 8.0%, moving from $0.09 to its current price.

Stellar Lumens' price is up 3.11% over the past 24 hours. Stellar Lumens' price has seen an uptick of over 8.0% in the past week. Stellar Lumens' price is currently $0.10. Stellar Lumens' all-time high price is $0.88.

Chart: Benzinga Pro

What's Stellar Lumens?

Stellar Lumens is a decentralized blockchain platform that facilitates cross-border transactions between any pair of currencies. It was founded in 2014 by Jed McCaleb, who is also known for co-founding Ripple. Stellar Lumens is designed to be faster, cheaper, and more scalable than traditional банковские системы. It is also used for a variety of other applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and supply chain management.

The Stellar Lumens native token (XLM) is used to pay transaction fees on the Stellar network and is also used for governance of the network. Holders of XLM can vote on changes to the Stellar network protocol and can also participate in the network's consensus mechanism.

Stellar Lumens is ranked 34th by market capitalization. Stellar Lumens has a circulating supply of 29.57 billion, which makes up an estimated 59.13% of its max supply of 50.00 billion. According to our data, Stellar Lumens' current market cap ranking is 34, with a total market cap of $2.84 billion.

Stellar Lumens' price has been on a downtrend in 2023, starting the year at around $0.18 and falling to a low of around $0.08 in June. However, Stellar Lumens' price has since recovered and is now up over 25% from its 2023 low.

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