cryptocurrency widget, price, heatmap
Search icon
Search icon
Telegram iconTwitter icon
Share icon
Share page
Cryptocurrencies/Coins/Stellar Lumens (XLM)
Stellar Lumens price, market cap on Coin360 heatmap

Stellar Lumens(XLM)

Arrow icon
Add to watchlist
0.00000514 BTC
Market Cap (Rank#28)
129,791 BTC
Vol 24h
1,572 BTC
Circulating Supply
Max Supply
2 days agocryptodaily Maintains 560% Growth For Weeks, Tezos (XTZ) And Stella (XLM) Continue Downward Spiral
The cryptocurrency market remains an uncertain terrain to dive into without proper trading skills and the knowledge of how the market works. Today, the market is up with investors "cashing out" big time. The next few minutes, the same investors are counting their losses. Despite the fluctuating nature of the crypto market, there are still some tokens that have managed to sustain their growth trajectory. These tokens have an experienced developmental team that has left no stone unturned in a bid to offer their users more value. is a novel token that suits this description. While Chronoly has continued to maintain a 560% gain for weeks now, Tezos (XTZ) and Stella (XLM) appear to be on a downward trend. Read on to find out what the respective projects are doing to beat the negative market sentiment. Has Everything To Surpass Popular Tokens Chronoly (CRNO) has been predicted to be the next big thing to happen in the crypto and NFT market. Despite the prolonged bearish market that plummeted the prices of most cryptocurrencies, (CRNO) token maintains 560% growth for weeks. "Chronoly is bound to refine the NFT and cryptocurrency space," an investor who just purchased the token in the presale said. is an Ethereum-powered marketplace offering fractional investments in luxury watches on a DeFi. Chronoly's focus is to lower the financial barrier of participating in the luxury watch investment business. CRNO, the project's native token, comes with lots of real-world use-cases, including granting token holders access to club membership and earning passive income from staking. The team plans to collaborate with big influencers in the metaverse gaming space to offer more value to gamers and investors. Industry experts have predicted that the price point of CRNO might hit $1 in the coming weeks if the team continues in this trajectory. Including CRNO in your portfolio can be a game-changer, as the project is still in its early stage. Chronoly'sroadmap highlights different activities for its phrase three, including building strategic partnerships, expanding influencer outreach, and launching a lending protocol. Tezos (XTZ) Continues To Innovate To Offer Value Tezos (XTZ) has continued to suffer a price setback despite a halt in the global prices of most cryptocurrencies. The Tezosteam has promised users that it will continue to improve on its outlook to offer more value. Experts believe that improving Tezos' use-cases will further stabilize the token price point. Tezos is a smart contract platform that developers can leverage to create decentralized applications. It gained prominence as one of the leading blockchain-based projects to first implement the proof of stake consensus algorithm. Despite the fact that projects like Cardano and Solana have also implemented the proof of stake consensus algorithm, Tezos has not slowed down its innovative drive. Its native token, XTZ, has a wide range of use cases, including for the payment of goods and services on the Tezos protocol. Token holders can also use the token to participate in governance voting. Founded in August 2014 by Arthur and Kathleen Breitman, Tezos has a foundation geared towards supporting the community members. As of press time, Tezos (XTZ) trades for $1.78 USD with a 24-hour trading volume of $37,273,070 USD. Stella (XLM) Announces Smart Contract Platform “Soroban”, Plans To Extend Gains In the last 24 hours, Stellar (XLM) has been trending downward. This may not be unconnected to the global market sentiment. Popular coins like Bitcoin and Ethereum nosedived during the crypto waves, and now they are ready to enter into support. In a bid to offer more value to users and extend its gains, the Stellar (XLM) developmental team recently launched a smart contract platform known as "Soroban." The initiative to launch Soroban is part of the company's drive to encourage massive token adoption and offer more value to users globally. The announcement invited developers to jump on the bandwagon to create their own unique contracts. Once Soroban becomes active, Stellar (XLM) will provide users with a wide range of use cases, including transforming payment systems to compete with major blockchains like Ethereum. The team's focus is to provide investors and traders with an accessible, user-friendly, and scalable platform. Soroban has the potential to revolutionize the smart contract niche in the crypto industry. Soroban will be independent of the Stella (XLM) network but will be paired with XLM to provide users with equitable access and accessibility. According to Stella's (XLM) roadmap, the team plans to improve on the project in terms of participation, demand, and scalability. As of press time, Stella (XLM) trades at $0.114885 USD with a 24-hour trading volume of $126,162,543 USD. For more information about presale Website: Telegram: Presale: Twitter: Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
5 days agocryptodaily
Klaytn (KLAY), Stellar (XLM) Lag Behind, While Pre-sale Records Huge Success
The crypto market is going through a series of bearish phases. In the last few weeks, most cryptocurrencies have fallen hard, while some have been able to withstand the market downfall. However, there are also a few relatively rare projects that have recorded tremendous growth during the market crash. Klaytn (KLAY), Stellar (XLM), and (CRNO) tokens are examples of different crypto projects. The prices of Klaytn (KLAY) and Stellar (XLM) have been in the red zone for quite some time now, whereas the new project, (CRNO), has risen extraordinarily during the same phase. Chronoly's CRNO token has increased by over 500% in its pre-sale phase. Let's dwell deeper into these three cryptocurrencies. Klaytn (KLAY) Finds Current Market Situation Harsh Klaytn (KLAY) is a blockchain-based public platform built for the metaverse, gaming, and the creator economy. It is intended to be a launching platform for real-world metaverse solutions. Klaytn network’s token is KLAY. The token is used for all transactions on the platform and all other blockchain applications on the network. However, Klaytn is relatively small and faces a lot of competition. Besides, at this time, most metaverse-related activities are being built on more well-known networks like Enjin or Decentraland, keeping the adoption of the Klaytn network low. Above all, KLAY has been developed for metaverses; it does not have any real-world utility, making it highly sensitive to market speculations. Hence, the current crypto market downfall has made the KLAY price lag behind. Stellar (XLM) Sees Reduction in Investors Stellar (XLM) is an open-sourced network used for transactions in different currencies. The decentralized platform allows trading in all types of currencies like Bitcoin (BTC) and others. It supports the exchange of money between users and countries, and is accessible to all. Even those who do not have access to banking services can use this platform. It considers all currencies equal and does not favor any specific one, although it has its own native token Stellar Lumens (XLM). Yet, Stellar (XLM) has been following the general market sentiments and going downhill for the last few weeks. Its value relies heavily on trade volume without real-world use cases, making Stellar (XLM) susceptible to the macro-economic environment. Even the recent decisions by the Stellar Development Foundation (SDF) to increase the use cases of XLM have not been able to make a significant impact due to an overall bearish environment. The current market downfall has also deterred investors from putting money in projects that have low trade volume and no real-world use. (CRNO) Becoming More Valuable Day-by-Day has introduced a new and unique concept in the cryptocurrency market. It is the first-of-its-kind blockchain-based fractional watch marketplace in the world. lets people make small purchases and gain fractional ownership of high-end luxury watches from brands like Patek Philippe, Richard Mille, Rolex, and others. The way Chronoly’s CRNO works is its USP. The company first buys physical versions of luxury watches and then mints NFTs against them. The watches that buys are kept in secured vaults across the world. This means all the NFTs minted by are backed by real-world luxury watches, making the NFTs highly stable and secured against real assets. Thus, crypto traders worldwide have placed among the market's top newcomers. Its popularity and acceptance can be understood by the fact that Chronoly's CRNO token registered a growth of over 500% in just two months since its launch in May 2022. Its price has increased from $0.01 to $0.06 during its pre-sale phase, and analysts are speculating that the price could increase once the token officially launches on a centralized exchange. For more information about presale Website: Telegram: Presale: Twitter:
19 days agocryptodaily
Analysts Say Now Is Right Time to Invest In These: Stellar (XLM), Atom (ATOM) and Degrain (DGRN)
They say that generational wealth can be made in the bear market, and that’s true. This is one of the best times for investors to track down better profitable investments while most try to get the best buys. Granted, the market conditions are fearful, but a good trader never lets fear ruin what could be a great move. So, here are three coins you can invest in during this period that should give you a ton of profits once there are clear skies. Stellar (XLM) investors begin to buy Degrain presale tokens Stellar (XLM) is a decentralized protocol that operates on open-source code. It acts as a bridge that facilitates the transfer of digital currency to fiat money locally and globally. The blockchain's cryptocurrency is called the Stellar Lumen, and the token trades under the symbol XLM. Given its great track record, Stellar (XLM) has proven itself to be a worthy buy in the ecosystem. The XLM token currently ranges from as low as $0.11 to as high as $0.87 per coin, and this statistic indicates how much growth the coin has to do given the right amount of time. Analysts agree that Stellar (XLM) could be the one to watch. Atom (ATOM) could be the new internet Cryptocurrency designers share only one major goal: to create the internet of blockchains. Two of the features that set the Cosmos Hub (ATOM) network aside from its counterparts are its customizability and interoperability. Cosmos Hub (ATOM) does not focus solely on itself but is more dedicated to fostering an environment of networks that can share data and tokens without any central party enabling the activity. The Cosmos Hub (ATOM) cryptocurrency that powers the network has a market cap of over $2 billion with a $344.4 million daily volume. Trading activity over these past few weeks have also shown that there are more buys than sales, so now would be a great time to ape in as well. We believe that Cosmos Hub (ATOM) could rise from its current price of $11 to the mid-high $20s by the end of 2023. Degrain (DGRN) sold out of phase one presale in less than two weeks The approach Degrain (DGRN) is taking is innovative and unique, putting it on the radar of many savvy investors. It is to be a new cross-chain NFT marketplace whose call for investors has been getting answered globally. When it kicked off its presale on July 7th, there were more than 11 million DGRN token sales in the first minute at $0.01. It is currently trading at $0.04, a rise of 300%, and has been showing strong signals of its price rising in the near future. Degrain is offering investors a high potential opportunity. It is clearly more than an alternative, and there is a large possibility of the coin rising up to 8,000% in the near future. Some top crypto analysts have predicted that Degrain will be the top crypto earner during 2022. Website: Presale: Telegram: Twitter: Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
37 days agocryptodaily
5 Altcoins That Could Generate High Returns
Any cryptocurrency other than Bitcoin (BTC) or any digital currency created after it is known as an altcoin.Altcoin, also known as an alternativecryptocurrency, is developed with enhanced and newer features to address any drawbacks that Bitcoin (BTC) has. Despite the recentcryptocurrency marketdownturn, the interest in choosing long-term and profitable cryptocurrencies is skyrocketing. However, choosing the right coin to pick might be overwhelming with thousands of options in hand. The following 5 altcoins, including RoboApe(RBA), a new cryptocurrency brimming with potential, are what crypto experts perceive to be profitable. RoboApe (RBA): RoboApe (RBA) is an upcoming futuristic community-driven meme coin that aims to generate profit by providing the DeFi platform, a sustainable community and a rewarding ecosystem to digital currency enthusiasts.The coin's ecosystem would enable the users to benefit from RoboApe Academy to learn about the cryptocurrency world, attend Charity Games and Events through RoboApe eSports, as well as manage their finances through the coin. An NFT marketplace will also be developed for the members to trade and mint NFTs through the token’s cards, and cross-chain token swaps can function through RoboApe swap. TRON (TRX): TRON (TRX) saw a slump in the market last month; however, the altcoin could survive and regain its momentum at the time of writing. It was launched in 2018 and is a DeFi project powered by the Ethereum blockchain that can process 2000 transactions per second. The primary aim of TRON (TRX) is to provide a decentralized network for content creators to reach out to their audience without third-party interference and with zero transaction costs.The ecosystem provides the members with multiple utilities and services such as JustStables, SunSwap,, and JustLend. Decentraland (MANA): Source: CoinCentral Decentraland (MANA) is the most popular altcoin in the metaverse based on the Ethereum blockchain.The altcoin is known for great partnerships like JP Morgan, virtual games, and crypto transactions through the 3D virtual world.In the current crypto market downturn, (MANA) could maintain its position among the 10 top coins by market capitalization. The platform also enables NFTs and other tokens. Stellar (XLM): Stellar (XLM) is an open-source decentralized altcoin used for cross-border payments. It was launched in 2014, and its token Lumens (XLM) has over a $3.1 billion market cap and a supply of 50 billion. Through this ecosystem, the users can make speedy, cost-effective, and secure transactions across any traditional or digital currency.Stellar (XLM) also provides DeFiservices, and the cryptocurrency aims to bring all financial institutions under one umbrella to deliver instant and borderless transactions globally.Despite the market downturn, altcoin still has 25 billion coins in the market circulating, making it one of the high-demand options for crypto aficionados. Chainlink (LINK): Source: Blockchain News Chainlink (LINK) is adecentralized networkoforacle nodesthat transfers information from off-chain sources to on-chain smart contracts. This altcoin has a current market capitalization of $3.3 billion and was launched in 2017. Thesmart contractsinteract with the real-life data like traditional bank payments and connect it to the Ethereum (ETH) smart contracts make it an advantage. Theecosystemenables the developers to develop reliably decentralized applications by the oracle services that significantly decrease the risk of fraud.The demand for its services has increased, and it is expected for this unique altcoin to continue making some hefty profits. What To Make Of It With thousands of altcoins currently available on the cryptocurrency market, it often gets difficult to decide on a coin that can be profitable long-term and provides all the desired features. In this article, we tried to bring the top 5 altcoins that experts think could make your portfolios diverse and earn you a competitive advantage. ● Presale: ● Website: ● Telegram: Disclaimer: This is a sponsored pressrelease, andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
37 days agocryptopotato
Stellar (XLM) Trading is Now Available on the Kinesis Exchange
[PRESS RELEASE – London, United Kingdom, 1st July 2022] XLM, the 10th cryptocurrency listed, is now available to Kinesis users. XLM will be paired against 8 fiat pairs, including USD, GBP and EUR, as well as Kinesis’ native stable coins based on physical gold (KAU) and silver (KAG) – enabling greater accessibility to the platform […]
45 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT
Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT.
45 days agocryptodaily
Bulls Back Hedera (HBAR) And Stellar Lumens (XLM), Surges 400% In Pre-Sale
Investors looking for the right coins to buy after the recent bear market should consider Hedera (HBAR) and Stellar Lumens (XLM). Both projects have got the backing of corporate giants in the technology and payments world and that could be a launchpad for future partnerships. Hedera and Stellar have both seen the market cap of their projects hurt by the recent downturn and could provide value for investors at current prices. is also one to look out for, they have created an NFT marketplace for rare luxury watches which looks set to revolutionize the market and reward Chronoly believers in the process. Hedera (HBAR) Signs Interesting Partnerships Hedera (HBAR) has struggled after the crypto downturn that began in 2021. Hedera’s HBAR has seen its value drop from highs near $0.50 to only $0.07 at the time of writing. Corporates are still keen to back Hedera and the project has the backing of some of the world’s top companies with Google, Boeing, and IBM amongst the names. The Hedera project has also recently signed a partnership with video game publishing firm Ubisoft, which will support the Hedera plans for entertainment and gaming. Investors should follow the lead of these corporate titans and get involved in HBAR. Stellar Lumens (XLM) is also in Demand Stellar Lumens (XLM) is another project that is in demand for partnerships after the recent tie-up with MoneyGram. MoneyGram serves millions of customers in global cross-border payments and Stellar will assist the project with digital payments using the USDC stablecoin. Stellar has seen a lot of movement with its price currently priced at $0.17 at the time of writing and bargain hunters could consider this long-standing project. Chronoly (CRNO) Could See Later Partnerships with Watchmakers is the world’s first fractional watch investment platform on the Etheruem blockchain and will start off with its asset-backed NFT marketplace that is already attracting investor attention. Buyers will be able to buy fractions of high-end luxury watches that will be minted into NFTs. Not only that but, the project also has ambitions to enter the metaverse later with its Chronoverse platform and that could see the project in high demand from luxury brands. Dolce & Gabbana and Nike are two brands that have made early moves into the metaverse and brands such as Rolex could follow suit. Watchmakers may want to utilize the trading platform, but they could also seek to link up for virtual stores and other digital collaborations. is currently in a presale but it native token (CRNO) has already seen a 400% return from the first phase of the presale. Investors in the early coin drop will also get access to an exclusive members club. Discounts for trading and regular prize draws will also be available for buyers of the CRNO token. The token can be staked for an annual return in order to earn an asset-backed passive income. Industry insiders estimate that the project could kick start a new trend in the cryptocurrency market which is asset-backed projects with real-world utility. For more information about the Pre-Sale: Website: Presale: Telegram: Twitter: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
45 days agocryptodaily
Top Protocols For DeFi And Cryptocurrency Adoption: Mushe (XMU), PancakeSwap (CAKE), And Aave (AAVE)
Decentralised Finance (DeFi) is one of the largest sectors in cryptocurrency and according to DefiLlama, there is currently over $72 billion in DeFi protocols by Total Value of Locked funds (TVL). We look at three cryptocurrencies, DeFi-related protocols, and ecosystems including Mushe (XMU), which includes DeFi features as well as a cryptocurrency adoption via a fiat-to-crypto onramp. The Up-And-Coming Project Mushe (XMU) Mushe (XMU) is the utility and governance token used on the MusheVerse ecosystem. An ecosystem that includes a secure crypto wallet application called Mushe Wallet, NFT features metaverse banking and more. To promote cryptocurrency adoption and onboarding, Mushe features a crypto-to-fiat onramp for swapping between the two. You can also earn a passive income with Mushe (XMU) by participating in staking on the protocol. Holding and staking tokens gives access to governance rights, such as submitting and voting on proposals to decide the future of the ecosystem. If you want to participate in higher yield stalking activities, you can stake your XMU tokens in yield farming and liquidity farming pools on the platform. Mushe (XMU) is currently in presale and the token will launch on July 4, 2022. The protocol and token are built on Ethereum (ETH) and use ERC-20 token standard, however, it will migrate to the Solana (SOL) and Stellar (XLM) blockchains in the future. New Rewards To Be Added For PancakeSwap (CAKE) Holders PancakeSwap (CAKE) is a BEP-20 token of a popular DeFi protocol built on the Binance Smart Chain blockchain that powers PancakeSwap decentralised exchange (DEX). Binance is also known as the largest centralised cryptocurrency exchange in the world. Recently Binance Labs, a venture capital division of Binance, announced that it had made a large investment in PancakeSwap of an undisclosed amount. This makes Binance’s support of the DeFi protocol official after having previously integrated PancakeSwap (CAKE) into its mobile application. At the time of writing, PancakeSwap has the 75th largest market capitalization out of all cryptocurrencies and it is the seventh-largest DeFi protocol in terms of TVL. In May 2022, the PancakeSwap community voted in favour of passing a governance proposal that would see changes to the protocol. Firstly, three new tokens would be created to incentivize staking to reduce the circulating supply of CAKE: these are bCAKE, iCAKE, and vCAKE. Secondly, the maximum supply of CAKE tokens would be capped at 750 million. Aave (AAVE) Launched V3 Upgrade Earlier This Year Aave (AAVE) is the utility and governance token for Aave, a liquidity protocol for borrowing and lending built on the Ethereum blockchain. At the time of writing, Aave had the 50th largest market capitalization out of all cryptocurrencies and the Aave protocol is the second-largest DeFi protocol when ranked by TVL, second only to MakerDAO. ‘Aave V3’ launched in March 2022, a major upgrade to the protocol featuring performance optimisations and scalability improvements. DeFi Could Be A Promising Long-Term Investment Some crypto enthusiasts consider DeFi protocols to be a promising investment for long-term returns. If you are interested in learning more about Mushe (XMU) and its ecosystem, use the links below to find plenty of trustworthy information. Join Presale: Website: Telegram: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
49 days agocryptodaily
How new token Chronoly (CRNO) is outperforming Stellar (XLM) and Filecoin (FIL)
As the Federal Reserve reduces stimulus and raises interest rates to battle inflation, the value of cryptocurrency has fallen sharply this year. All kinds of risky assets, even highly valued tech companies, have been overcome by the poisonous atmosphere. However, cryptocurrencies have been particularly badly hit, with Bitcoin losing more than a third of its value this year, and others, such as Ether, dropping 50 percent. But, crypto is not going away and investing in the right token now could bring you rewards later. This is why we are excited about the relatively new crypto project, that is still in its presale and is up 400%outperforming both Stellar (XLM) and Filecoin (FIL). Chronoly (CRNO) is a real value-based project The project is not creating value through partnerships but is leveraging NFT technology and investment grade watches to create a decentralised, fractionalised watch investment marketplace. By generating NFTs backed by real timepieces and then fractionalizing them, has made luxury watch ownership more accessible to the general public. Chronoly.ioseeks to change the perception of the luxury watch market as an investment vehicle only for the wealthy by launching a new marketplace enabling anyone to own part or the whole of a luxury timepiece digitally. Holders of the watched backed NFTs have the option to trade small portions of the watch like stocks or to hold 100% of the watch fractions and redeem the watch out of the Chronoly vault. Some cryptocurrency traders are predicting that the Chronolynative token (CRNO) could become a big player in the crypto space when the markets start to recover and could see the price of CRNO tokens reaching as high as $0.50 in the near future, owing to the project's unique combination of real-world assets and non-fungible tokens (NFTs). Stellar (XLM) - a coin that is oversold? Lower low peaks have been formed throughout the past seven months, with the current price of $0.11. There has been a substantial increase in Stellar (XLM) token price at the end of May. Once the token has crossed the downtrend line and closed above it, an uptrend pattern with higher highs and lower lows can be predicted to form. To get to overbought territory, the price of XLM moved into the second week on May 22. Neutral movement is indicated by the RSI indicator's current reading of 51. According to Bollinger Bands, XLM prices are seeing minimal volatility because the bands are getting smaller and the price is bouncing off of upper and lower bands. Filecoin (FIL) is still in a bear market Using Filecoin, anyone can save, retrieve, and host digital information on a decentralized, peer-to-peer network. Filecoinmakes cloud storage commoditized and allows users to monetize their data by reselling it. There is no single corporation that controls the amount of space or the cost of storage that users may access, according to the official website of Filecoin. Open marketplaces and low-cost file storage are two of Filecoin'sprimary objectives. From $15.64 to $6.45 since May 1, 2022, the current price of Filecoin FIL/USD is $5.69. FIL is still in a bear market, but if the price breaks through the $10 resistance, the next price objective might be at $12. For more information about Chronoly Pre-Sale: Website: Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
66 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, ADA, XLM, XMR, MANA
BTC appears to be in the early stage of a recovery this week, and ADA, XLM, XMR and MANA could follow.
70 days agocointelegraph
Here are 3 altcoins that could surge once Bitcoin flips $35K to support
ADA, MATIC and XLM appear well positioned for a bullish breakout once BTC flips the $32,000 to $35,000 zone to support.
71 day agocryptodaily
Asset-backed crypto tokens like Chronoly (CRNO) spell bad news for Aave (AAVE) and Stellar (XLM)
Despite the recent dip in the crypto market, investors are still looking for investable projects. However, projects like Aave (AAVE) and Stellar (XLM) seem to be losing the battle to a relatively new project called, which is only in the first phase of its presale. Let's understand what these projects are all about and why investors seem to be more interested in the CRNO token rather than AAVE and XLM. Why are crypto investors turning away from Aave (AAVE)? Aave (AAVE) is a DeFi protocol through which people can lend and borrow cryptocurrencies. Lending pools are created using the Aave protocol, and users can lend and borrow 17 different cryptocurrencies through these lending pools. Lenders deposit digital assets into liquidity pools to earn interest, and borrowers use this liquidity to take out a flash loan by putting their existing cryptocurrencies up as collateral. Despite its decentralized structure and seemingly simple lending and borrowing system, crypto investors have been losing faith in the Aave (AAVE) Protocol as its low interest rates lead to low returns on investments for those sold into liquidity mining or yield farming. Why is Stellar (XLM) not doing too well in the crypto Market? Stellar (XLM) is a peer-to-peer network that aims to connect the financial systems in the world by providing a decentralized protocol for financial institutions and payment providers. The Stellar (XLM) platform helps move financial resources reliably and quickly with minimal costs by linking people, payment processors, and banks, allowing users to trade various types of cryptocurrencies. While Stellar is more decentralized than Ripple (and that should ideally be a good thing,) Ripple has the first-mover advantage and has already serviced plenty of financial institutions. In comparison, Stellar is relatively new to the market, and its ticker symbol, XLM, is not as popular as Ripple's XRP. At present, XRP is experiencing higher daily trading volumes and market capitalization than XLM due to its higher popularity. As Stellar struggles to establish viable partnerships, its XLM token has been suffering, causing investors to keep choosing Ripple over the Stellar protocol. What is Chronoly? is a decentralized fractional watch-investment marketplace where users can invest as little as $10 to own NFT fractions of collectible luxury watches from multinational brands like Rolex, Richard Mille Audemars Piguet, and Patek Phillippe. Chronoly verifies and certifies the authenticity of watches before they are stored in its vaults. The NFT of a watch is broken down into fractions that platform users can purchase to own a part of the watch. If the original owner of the watch wants to buy their asset back, they can collect all its NFTs and then redeem the watch from Chronoly's vault. $CRNO is the utility token of Chronoly. It offers its holders staking options in Chronoly's lending pool, discounts on storage, transaction, and club membership fees. CRNO holders also enjoy the prospect of winning lottery rewards on the Chronoly platform. The CRNO token is in the first phase of its presale, with a price of $0.033. The exceptional use cases of Chronoly's NFTs, as well as the project's compelling ecosystem, have led industry experts to predict significant growth in the CRNO price. Why are investors leaning towards asset-backed cryptos like Chronoly (CRNO)? One of the major reasons why investors hesitate to put money into crypto is that most cryptocurrencies aren't backed by any real assets. In the context of this article itself, AAVE and XLM aren't backed by real-world assets. The value of AAVE depends on the lending-borrowing activity of the protocol, and the value of XLM is still struggling to rise due to a lack of popularity and demand. On the other hand, Chronoly's CRNO token is backed by real-world genuine luxury watches that provide appreciating returns on investment with unfailing demand due to the collectible value of the watches. Since the project is relatively new, investors have been referring to Chronoly's Whitepaper to learn more about how they can invest in luxury watches and earn satisfying returns on their investments. The details therein help potential investors understand how the system works, putting their minds at ease and helping them plan their future watch investment moves efficiently. If you're interested in investing in collectible watches through NFTs on the blockchain, you can visit the Chronoly website and sign up for the CRNO presale to get your tokens today! Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
90 days agocryptodaily
Abu Dhabi-based Matrix goes live with more virtual assets approved by ADGM
Matrix, a global multilateral virtual asset trading platform, lists two new assets: XRP and XLM. The listings come as part of Matrix’s bid to bring a wider array of options to traders and investors around the world. Abu Dhabi Global Market (ADGM), the leading global jurisdiction for virtual assets, approved these assets for listing on Matrix’s regulated platform. ADGM is an award-winning financial center and an International Financial Free Zone. With governing from the Registration Authority (RA), the Financial Services Regulatory Authority (FSRA) and ADGM Courts, ADGM advocates for a fair and transparent trading ecosystem. ADGM’s thorough regulatory practices ensure that all approved assets are consistent with their internationally-recognized standards. Matrix expands its list of supported virtual assets to include: XRP, native currency of RippleNet, a blockchain-based payments network, Lumen (XLM), native currency of Stellar, a decentralized protocol for exchanging cryptocurrencies to fiat. “Our goal at Matrix has always been to give retail and corporate investors a single platform with the security of regulatory oversight,” says Vasja Zupan, President of Matrix. “We are thrilled to broaden our array of tokens and stablecoins as the first Multilateral Trading Facility in ADGM to expand our virtual asset offering, with even more additions underway. We pride ourselves in granting investors peace of mind through safe and expanding regulated trading choices for our community.” About Matrix Based in Abu Dhabi, Matrix is a globally operated and regulated Multilateral Trading Facility and Custodian that is dedicated to providing a compliant, secure, and fast virtual asset trading experience. Matrix has obtained its license from the Abu Dhabi Global Market (ADGM) in relation to Virtual Assets. Matrix provides AML/KYC compliance, regulatory oversight, and offline storage to secure the platform and users, as well as multi-node disaster tolerance, remote disaster recovery, and multi-server switching to ensure stability and reliability of the trading system. By leveraging its high-performance core matching engine, Matrix is able to undertake large volumes of trading orders. Matrix is one of the few global trading venues providing support for global fiat deposits, enabling faster trading. For more information, visit Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
110 days agocryptodaily
Can Calyx Token (CLX) hit the jackpot like Stellar (XLM) and Tron (TRX)?
It’s always a difficult task when a new and upcoming cryptocurrency is compared to established projects right off the bat. The likes of Stellar (XLM) and Tron (TRX) have become established players in the cryptocurrency industry as they both sit among the top 30 cryptos in the world, measured by market cap, according to data from CoinMarketCap. Calyx Token (CLX) has recently entered its presale and the project has an exciting future in front of them with plans to make a splash in the DeFi space. The potential of Calyx Token (CLX) A recurring issue in the cryptocurrency industry is the lack of trust that occasionally is missing between the project and the community. That uncertainty between the two parties breeds scepticism and ultimately ends in a state of affairs where neither party benefits. Calyx Token (CLX) has understood the issues that come with a lack of trust and communication with its community and has more than addressed the issue. Calyx will soon be controlled by its community through the incorporation of the CalyxDAO (decentralised autonomous organisation); the more that Calyx grows, the more important decisions that the Calyx community will be able to make, deciding the future direction of the project. Calyx’s roadmap looks particularly exciting with the development of a DEX (decentralised exchange) aggregation algorithm to come in Q2 of 2022 and the launch of the CalyxDAO expected to launch in the first quarter of 2023. With the first phase of its presale coming to an end on May 9th, the opportunity to get in low with a project like Calyx that aims to enable multi-chain crypto trading, attempting to make a difference in the interoperability issue within the crypto industry. Can Stellar (XLM) get back to its best? It’s been an arduous year for Stellar who have dipped over 61% in that time frame. Yet to reach or surpass its all-time high of $0.875563 that was recorded in January 2018, Stellar has nevertheless solidified its ranking as the 30th biggest cryptocurrency in the world, amassing a market cap of almost $5 billion, according to data from CoinMarketCap. Despite experiencing a decline over the past year, Stellar has made a meagre return to the green rising 2.7% in the past seven days as XLM trades at $0.202805, a 76.8% drop from its all-time high previously mentioned. According to TradingBeasts, XLM will reach a price of $0.4042034 by the end of 2024. Tron (TRX) trucks on with impressive growth Tron (TRX) has recorded impressive growth for a month straight. Up 14.7% in the past 24 hours, at this time of writing, Tron is currently on a bullish run as it now ranks as the 25th biggest cryptocurrency in the world, accumulating a market cap of over $6 billion, according to data from CoinMarketCap. Trading at $0.071750, at this time of writing, it’s a far cry from the 2018 valuation of TRX that stood at $0.231673, however, the growth shown by the decentralised digital platform is a welcome boost to Tron investors. Keywords - Calyx Token, CLX, Stellar, XLM, Tron, TRX, Cryptocurrency, CoinMarketCap Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
141 day agocointelegraph
Grayscale launches smart contract fund for Ethereum competitors
The assets of seven smart contract platforms have been included in the fund: ADA, SOL, AVAX, DOT, MATIC, ALGO and XLM.
270 days agocryptopotato
Bitcoin is The Worst Cryptocurrency For The Environment, Stellar is the Best One —Research Says
According to Forexsuggest, Bitcoin needs near 1000lbs of CO2 to process one single transaction. If you want to go green, better use Stellar Lumens.
296 days agocointelegraph
Grayscale confirms Bitcoin ETF plans and adds exposure to Zcash, Stellar Lumens, and Horizen to its trusts
Grayscale said it would proceed "once there’s official and verifiable evidence of the SEC’s comfort with the underlying Bitcoin market."
308 days agocryptopotato
Stellar Lumens (XLM) Spikes 12% After News of a Partnership Between Moneygram and the Stellar Foundation
Moneygram has announced a partnership with the Stellar Foundation to use USDC on the Stellar blockchain for instant, cheaper transactions.
320 days agozycrypto
Polygon and Stellar Now Interconnected Using Chainlink’s ‘Proof of Reserve’ — Unlocking Over $10 Billion In Value
Stellar and Polygon blockchains are now interconnected through Chainlink’s technology, thanks to an innovation by NewsCrypto. Following the innovation, Polygon, which is the protocol that facilitates the scalability of dApps on the Ethereum blockchain, is now availing the Stellar native token XLM for trading, lending, and decentralized finance usage. The crypto is also now easy […]
338 days agocointelegraph
$52K Bitcoin price triggers rally in large caps like Litecoin, Stellar and Bitcoin Cash
Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM.
356 days agobitcoinexchangeguide
Coinbase App Downloads Back to Mooning, Partners with Mitsubishi to Onboard its 40 Million Japanese Customers
As Coinbase starts with retail products for MUFG account holders who will be able to buy and sell BTC, ETH, LTC, BCH, and XLM. It also stockpiled $4.36 billion in cash, four times higher than at the end of 2020, for rainy days including a stricter regulatory regime. The post Coinbase App Downloads Back to Mooning, Partners with Mitsubishi to Onboard its 40 Million Japanese Customers first appeared on BitcoinExchangeGuide.

About Stellar Lumens

The live price of Stellar Lumens (XLM) today is 0.126549 USD, and with the current circulating supply of Stellar Lumens at 25,233,043,803.80 XLM, its market capitalization stands at 3,193,209,799 USD. In the last 24 hours XLM price has moved 0.003765 USD or 0.03% while 38,038,700 USD worth of XLM has been traded on various exchanges. The current valuation of XLM puts it at #28 in cryptocurrency rankings based on market capitalization.

Learn more about the Stellar Lumens blockchain network and how it works or follow the price of its native cryptocurrency XLM and the broader market with our unique COIN360 cryptocurrency heatmap.

Launched in 2014 by Ripple co-founder, Jade McCaleb and a lawyer named Joyce Kim, Stellar is an open blockchain-based payment network. Much like Ripple (XRP), Stellar also facilitates easy movement of money across the globe. While Stellar’s original aim was to accomplish financial inclusion for the unbanked population of the world, it later shifted its focus to enable uninterrupted connectivity between financial firms through blockchain tech. The network is designed to bring all financial systems of the world on a single platform, allowing them to work seamlessly with each other.

XLM (Stellar Lumens), the native token of Stellar network, serves as a bridge that reduces the cost of conducting cross-border transactions. The network also has its own decentralized exchange for convenient trading. Having established a number of real-world use cases and partnerships with well-known companies like Deloitte, Strip and Shift, Stellar seems poised to tap into the payments market.

Stellar network’s development is overseen by the Stellar Development Foundation, a nonprofit corporation based out of Delaware, US, which was co-founded by Jade McCaleb. 

XLM price

According to our XLM live price chart, the price of XLM in USD remained range-bound within $0.0015 to $0.003 from the time of its launch in July 2014, till April 2017. It breached the $0.06 barrier for the first time on May. 21, 2017 — around the same time when Stellar’s commercial arm ‘Lightyear’, came into being. 

Thereafter, XLM coin traded well above $0.01 till November 2017, when it started surging along with the broader crypto market. Many coins registered new highs in the months that followed, and XLM price too recorded an all-time high just below $0.9 on Jan. 3, 2018. 

In August 2018, Lightyear acquired fintech developer Chain, with two companies merging to create Interstellar. The crypto market had entered a corrective phase by this time, with Stellar price at a little over $0.2. 

The Stellar Development Foundation announced on Nov. 5, 2019, that it had burnt over half of XLM’s total supply of 105 billion coins. Though highly significant, the event didn’t have the expected impact on XLM price, which closed at around $0.08 that day.

XLM traded mostly under $0.1 during the year that followed and showed signs of recovery starting in December 2020. Boosted by the market-wide positive sentiment, XLM coin entered a bullish cycle and hit another peak of $0.79 on May 16, 2021. XLM’s fully diluted valuation stood at over $40 billion that day. However, Stellar Lumens price sharply within a month and it traded under $0.4 for the remaining part of the year, further receding to $0.2 in early 2022. 

How XLM works

XLM, the native coin of Stellar payment network functions as a bridge to reduce the cost of cross-border payments. XLM coin offers a cheaper and faster way of settling global payments as compared to remittance giants like Western Union and MoneyGram. It is also used to pay transaction fees for moving Stellar Lumens — a minimum 0.0001 XLM per transaction. 

All Stellar users must hold a minimum balance of 1 XLM to use the network. XLM holders can even trade the coin with other crypto assets on well-known exchange platforms. 

Invented by its chief scientist David Mazieres in 2015, Stellar uses something known as the "Stellar Consensus Protocol" (SCP) for processing transactions and securing its network. Under this protocol, the task of validating transactions and creating new blocks is assigned to a group of trustworthy nodes that are periodically voted upon.

Any network participant can run a node, and every node gets to vote on whom it considers trustworthy. The winners of the majority votes are tasked with validating transactions. SCP, with its four key properties - decentralized control, flexible trust, low latency and asymptotic security - ensures that transactions are processed cheaply and within a matter of seconds. 

XLM news, updates and highlights

In January 2021, Ukraine’s Ministry of Digital Transformation announced a major partnership with Stellar for the development of the country’s digital infrastructure, leading to a 40% increase in XLM price. 

In another important XLM news, the remittance giant, MoneyGram, entered into an innovative partnership with Stellar in October 2021. This was a few months after it was reported that Stellar Foundation was eyeing a potential acquisition of the 81-year-old company. This partnership gives digital wallets linked to the Stellar network instant access to MoneyGram’s global retail network. This has helped Stellar users experience almost-instant settlements in USDC.

Frequently asked questions about XLM

  • Can you mine or stake XLM?

No, you cannot mine XLM as its total supply was pre-mined. Furthermore, staking is also unavailable for Stellar Lumens.

  • What are some of the best XLM wallets?

Some of the wallets recommended for XLM storage include Ledger Nano S, Trezor, Keybase, Lobstr, Solar Wallet and Coinbase wallet.

  • What can you do with XLM?

XLM coins can be used to pay transaction fees on the Stellar payment network. You can also trade Stellar Lumens with other popular crypto coins on established exchange platforms.

  • How to buy XLM?

You can buy XLM from various crypto exchanges, including Kraken and Coinbase in the US. You can easily exchange cryptocurrencies you hold, for XLM coins, on these platforms. Check their ‘Markets’ or ‘Trade’ section and pick from trading pairs like XLM/BTC, XLM/ETH, XLM/XRP, XLM/SHIB etc. to execute the exchange. Lobstr, the native Stellar exchange facilitates direct XLM purchases on the Stellar network.

Stellar Lumens Price0.126549 USD
Market Rank#28
Market Cap3,193,209,799 USD
24h Volume38,674,576 USD
Circulating Supply25,233,043,803.80 XLM
Max Supply50,001,806,812 XLM
Yesterday's Market Cap3,170,137,300 USD
Yesterday's Open / Close0.121869 USD / 0.125634 USD
Yesterday's High / Low0.125713 USD / 0.11986 USD
Yesterday's Change
0.03% ( 0.003765 USD )
Yesterday's Volume38,038,700 USD
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Source Code
Arrow icon