Stellar Lumens (XLM)
- Category: DEX Token, Smart Contracts, Made in USA
Stellar Lumens (XLM) is a cryptocurrency issued on the Stellar blockchain platform, which enables fast and affordable cross-currency transactions. Stellar was designed to enhance the efficiency of international remittance and payment systems, especially by expanding its potential through collaboration with banks and financial institutions.
[Stellar Lumens (XLM) Overview]
- Purpose
The main goal of Stellar is to provide a platform that allows for the fast and easy exchange of various currencies. Through this, Stellar aims to reduce remittance fees and increase accessibility to financial services for those in need.
- Technical Features
- Consensus Protocol: Stellar uses its unique consensus protocol, the Stellar Consensus Protocol (SCP), to ensure the security and speed of transactions.
- Support for Multiple Currencies: Stellar supports a wide range of currencies and assets, giving it the flexibility to be used globally.
[Supply and Circulation]
- Total Supply: 50 billion XLM
- Circulating Supply: Approximately 30.5 billion XLM, which is about 61% of the total supply.
[All-Time High and Low]
- All-Time High: $0.9381 on January 4, 2018
- All-Time Low: $0.001227 on November 19, 2014
[Future Development Projects]
- Expanding Partnerships with Financial Institutions
Stellar plans to strengthen its remittance and payment solutions through partnerships with banks and various financial institutions.
- Digital Asset Integration
Stellar will integrate various digital assets into the platform to make it easier for users to trade assets.
- Smart Contract Features
In the future, Stellar plans to expand its ecosystem by adding smart contract features to develop new financial services and applications.
- Enhancing Regulatory Compliance and Transparency
Stellar is committed to complying with regulations in various countries and increasing transparency to build trust and attract more users to the platform.
[Conclusion]
Stellar Lumens (XLM) is a blockchain platform that enables fast and affordable international remittances, leading innovation and development in financial services. Through its supply, circulation, and historical price fluctuations, investors can assess the potential of Stellar Lumens. If upcoming projects are successfully implemented, Stellar is expected to play a key role in the global financial ecosystem. With continuous technological improvements and collaborations, Stellar's future looks very promising.
