Read all about the Stellar course.
- 1 Follow the Stellar exchange rate in euros
- 2 The history of the Stellar race
- 3 Historical Stellar prices
- 4 How does the Stellar course come about?
- 5 Stellar price forecast
- 6 What do you have to take into account with the Stellar course?
Follow the Stellar exchange rate in euros
The current value of Stellar (XLM), or Stellar Lumens, and the price chart of the last 24 hours can be viewed in this handy widget.
Furthermore, you can see that there is the possibility to check the Stellar course over the last seven and the last 30 days. In addition, you can also view the performance of this crypto coin from the beginning of this year (we call that year to date).
After all, by clicking on everything you can find out what happened since the very first time Stellar was listed in 2016.
Even buying Stellar is possible with this widget. Just enter the amount you want to spend on this crypto and the Bitvavo trading costs will be calculated immediately.
Since Bitvavo is the cheapest provider in the Netherlands, we choose CryptoTips for their platform. At Bitvavo you never pay more than 0.25% in trading costs for every transaction.
A handy extra is that all new users who register an account via this link can trade the first € 1,000 commission-free.
Stellar exchange rate in euros and dollars
In the overview below you can see further information about the Stellar course. To see a percentage comparison, you have the performance of this cryptocurrency for the past week and month. In addition, you also see the current market capitalization in addition to the highest and lowest price of the past 24 hours.
If you want to switch between a quotation in euros or dollars, just click EUR or USD.
Note: if this price differs a few cents from the XLM rate that you find at the top of the page, this is because the data comes from two different suppliers.
The history of the Stellar race
You can read more about the origin of Stellar on this page if you want to know exactly what this crypto coin stands for. There you can discover the difference between Stellar, Stellars, Stellar.org, Stellar Lumens, the special relationship with Ripple (XRP) and much more.
If we only talk about the price of Stellar XLM, then we have to go back to its launch in 2014.
Jed McCaleb, who is also the founder of the Mt. Gox exchange that traded 75% of all Bitcoin in the world at one point, released Stellar to the world in 2014 at a rate of about $ 0.001.
Until 2017 and the legendary Bitcoin bull run, the world of crypto didn’t pay too much attention to it, but after that, all brakes were released. The coin hit an all-time high of $ 0.93 on January 4, 2018, just before all crypto embarked on a serious crash. In fact, it was so bad that Stellar was the worst performing coin in 2019.
2018 and 2019 was one big consolidation and 2020, just like for other crypto, seems to have started very well. Stellar fetched a price of $ 0.04 at the beginning of this year and has risen to $ 0.055 at the time of writing.
If you had bought Stellar in 2014, your investment would have increased by about 1,800%.
Historical Stellar prices
The prices of XLM for the past week are shown in the table below.
How does the Stellar course come about?
Before we go into this, we ask you to note that the Stellar value you see is an average of what all crypto exchanges currently offer. So don’t be surprised if you continue browsing to an exchange to buy Stellar and the price differs slightly there. This depends on which exchange you visit.
Stellar’s price, like the price for each asset offered on a market, is formed by the balance found between buyers and sellers. In other words, the price you see is the one that providers want to offer and to which buyers are willing to sell.
So if at any given time there are a lot of buyers and only a small number of providers, the price usually goes up quickly. However, if there are few buyers and very many providers, it goes in the opposite direction.
Furthermore, the way in which crypto gets into the news is also important. As the market goes more mainstream, it will be easier to find investors for crypto. When global markets do badly, it usually gets tougher.
Beware, this is of course no guarantee for the future. The Stellar (XLM) price can be influenced by many factors. Consider, for example, news reports about the platform, crypto events, hacks from some exchange or whales that buy or sell a whole lot.
Stellar price forecast
First, the media’s overall trend on crypto is important. With every news story about crypto that is distributed globally (for example, if Bitcoin breaks an important border or a tech celebrity recommends crypto), the prices of lesser-known coins usually go higher as well..
It also depends on various factors such as the general news trend for crypto, important technological developments for the Stellar platform or specific interest in the XLM currency of course. Have you seen Stellar in the news recently? Is it talked about on social media such as Facebook and Twitter, and especially: is it positive or rather negative?
When SWIFT uses Stellar, the price will increase. When Monero beats Stellar based on market cap, it can have a negative impact on the price.
What do you have to take into account with the Stellar course?
Above all, what you need to understand is that crypto is still a very small market compared to traditional financial markets. This means that you trade in financial instruments that sometimes dare to show great price volatility. Stellar can therefore easily differ by a few percent at the beginning and end of the day, in some cases even a few dozen percent.
If you have no problem with that and you can be found for an adventure, investing in crypto might be something for you.
If you prefer classic stocks or coins that do not move more than half to one percent per day, so-called defensive financial products, then crypto will most likely prove a little too risky for you.
In any case: research your project carefully and do not just invest in a currency. Read some articles about it, do some research before investing.
Most importantly, never put in more money than you are willing to lose.
The price is shown in real time?
Yes, the prices are real-time and are updated instantly. We depend on the data that external suppliers provide us. In theory it is possible that the price is a few (milli) seconds behind.
Do you show both the euro and the US dollar exchange rate?
Yes, you have the option to view both prices, including other price information. The rate in euros is displayed by default, but you can choose to see the rate in USD.
How far can I look back?
XLM’s full history can be seen up to 2016.
What else can I see?
In addition to the current price and the price history, we also show more data. This way you can see the percentage difference of the past 24 hours and the past week and month. You can also see the market capitalization in euros, the highest / lowest Stellar price of the last 24 hours and the volume.