STELLAR price, news and Forecast (XLM US DOLLAR)
Technical overview
Big picture
Cryptocurrencies bullish themes
Cryptocurrencies bearish themes
Latest Crypto Analysis
Editors' picks
Mantle Price Forecast: MNT eyes 200-day EMA breakout for further gains
Mantle (MNT) edges lower by over 1% at press time on Tuesday after three consecutive days of gains, while the optimism holds in the derivatives market, reflected by heightened Open Interest.
Bonk Price Forecast: BONK rallies as OI hits yearly high, LetsBonk.fun tops Solana launchpad revenue
Bonk (BONK) continues its bullish momentum, extending gains, trading around $0.000027 on Tuesday after rallying almost 20% the previous week.
Fed, OCC, FDIC issue joint guideline for banks safekeeping crypto assets for customers
The Federal Reserve (Fed), Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) issued a joint statement on Monday aiming to guide banks seeking to offer crypto safekeeping services to customers.
Top Crypto Gainers: XCN, PENGU, SUI – Hold momentum while Bitcoin slips under $119,000
Bitcoin (BTC) takes a breather after hitting a record high of $123,218 on Monday, resulting in a pullback under $119,000 at press time on Tuesday.
Bitcoin: BTC hits new all-time high and enters price discovery mode
Bitcoin price prints a new all-time high near $118,900 on Friday, entering uncharted territory as bullish momentum accelerates. The surge in BTC was supported by rising corporate and institutional demand, with spot Bitcoin ETFs recording a total of $1.69 billion this week as of Thursday.
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ETH
XRP
WHAT IS STELLAR?
According to the Stellar Development Foundation, Stellar is an open-source network for currencies and payments. It’s native token, XLM, makes it possible to create, send and trade digital representations of all forms of money — dollars, pesos, Bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network. Learn more in our Stellar lumens Guide.
The software runs across a decentralized, open network and handles millions of transactions each day. Like Bitcoin and Ethereum, Stellar relies on blockchain to keep the network in sync, but the end-user experience is more like cash — Stellar is much faster, cheaper and more energy-efficient than typical blockchain-based systems.
Characteristics of Stellar
Stellar (XLM) was launched in July 2014 as a decentralized open-source protocol to allow performing crypto transfers to fiat and vice versa.
- Decentralized control, allowing anyone to participate without a central authority.
- Low latency, reaching an unanimous consensus in only a few seconds.
- Flexible trust, the user is free to trust any combination of parts.
- Asymptotic security, avoiding 51% of the attacks based on digital signatures and hash families.
Differences between Bitcoin and Stellar
Which are the main differences between XLM and BTC?
- XLM transactions are faster than BTC.
- Transaction fees are lower on the Stellar network.
- XLM's supply increases annually at a fixed interest rate of 1%.
- Stellar network allows users to transact freely in their choice either with fiat or cryptocurrency.