Stellar

Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology. The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

The Stellar project was launched in 2014 by Ripple co-founder Jed McCaleb and his partner Joyce Kim. McCaleb left Ripple in 2013 due to disagreements about the project’s vision with fellow co-founders.

Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked—but its priorities shifted to helping financial firms connect with one another through blockchain technology. 

The network's native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

There are about 50 billion lumens in existence. No more lumens will be created. There are currently about 20 billion lumens circulating in the open market

The Stellar Development Foundation, which is a non-profit organization that supports adoption of the Stellar Lumens payment network, was created in collaboration with Stripe CEO Patrick Collison. Stripe received 2 billion lumens in return for a $3 million seed investment. 

Stellar Lumens (XLM) extended its recent rally over the past 24 hours, climbing 3% as buyers absorbed heightened selling pressure and pushed the token into fresh resistance levels. Between Sept.

Stellar Lumens Gains 3% Ahead of Network Infrastructure Overhaul

Stellar's native token XLM endured heavy selling pressure over the past 24 hours, trading in a tight but punishing 5% range between $0.34 and $0.36. The session began with relative stability before a late-evening selloff knocked the token from its $0.36 peak to $0.34.

XLM Plunges 5% in Wild Trading Session Before Staging Sharp Recovery

Stellar's native token XLM came under heavy institutional selling pressure in the latest trading session, falling from $0.39 to $0.36 between August 28 at 3:00 p.m. and August 29 at 2:00 p.m.

XLM Declines 8% as Institutional Investors Retreat Amid Market Uncertainty

Stellar's native token, Lumens (XLM), showed sharp intraday volatility over the past 24 hours, with prices fluctuating between $0.38 and $0.39 — a 3% swing. After sliding from $0.39 to $0.38 on the evening of Aug. 27, XLM found firm support at the lower bound, where trading volumes surged above the daily average of 25.4 million.

Stellar Rebounds 3% on Institutional Interest as Blockchain Payments Gain Traction

Algorand

Ethereum

VersaBank, a Canadian digital bank with a focus on business clients, has started testing a tokenized deposit that the bank says provide a safer and more compliant alternative to stablecoins.

VersaBank Tests Tokenized Deposits on Algorand, Ethereum and Stellar in U.S. Pilot

Stellar's native token, XLM, traded in a narrow but active range over the past 24 hours, reflecting broader pressures across the digital asset market. Between Aug. 26 at 15:00 and Aug. 27 at 14:00, the cryptocurrency moved within a $0.017 band – about 4% – from a high of $0.40 to a low of $0.38.

Stellar's XLM Tests $0.40 Resistance as Institutional Flows Drive Volatility

Stellar's native token XLM faced intense pressure over the past 24 hours, plunging from a session high of $0.398 to a low of $0.380. The 5% swing unfolded amid heavy sell-side activity, with the most dramatic capitulation striking on Aug. 25 at 19:00 UTC, when prices tumbled from $0.393 to $0.387.

XLM Crashes Through Support as Volume Doubles in 24 Hours

XLM traded in a narrow band between $0.39 and $0.41 over a 24-hour stretch ending Aug. 21, reflecting a consolidation phase ahead of a potential move. Sellers repeatedly capped upside at $0.41, while buyers defended support at $0.40, keeping volatility subdued.

XLM Eyes Bullish Continuation After Rising From Support

XLM slipped into a pronounced bearish trajectory over the past 24 hours, trading between $0.39 and $0.40 and breaking below key support levels. The token's volatility intensified during the final trading hours of Aug. 20, when prices fell from $0.40 to $0.39, marking a decisive breach of support that had previously provided buying momentum.

XLM Suffers 3% Decline as Intensified Selling Pressure Grips Markets

Stellar's XLM token slipped 1.75% over the past 24 hours, falling from $0.41 to $0.40 as volatility picked up across the market. The trading range widened to 4.32% during the period, with a sharp selloff at 03:00 UTC on Aug. 19 driving volumes to 52.17 million — more than double the daily average.

XLM Plunges 2% Amid High-Volume Selling Pressure

Stellar's XLM token came under heavy institutional selling pressure between August 17 at 3:00 PM and August 18 at 2:00 PM, sliding from $0.43 to $0.41 in a 6% decline.

Stellar's XLM Token Drops 6% as Selling Pressure Intensifies

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

CoinDesk 20 Performance Update: Stellar (XLM) Drops 4.3%, Leading Index Lower

Stellar lumens (XLM) traded in a tight range over the past 24 hours, holding between $0.42 and $0.43 from Aug. 14 at 15:00 UTC through Aug. 15 at 14:00 UTC.

Stellar Lumens Holds Firm as Network Growth Set Stage for Breakout

CoinDesk 20 Performance Update: Stellar (XLM) Surges 12.3%, Leading Index Higher

Avalanche

Visa supercharges the future of finance by expanding stablecoin settlements with new digital assets and blockchains, unlocking a new era of global crypto payments.

Visa Supports More Stablecoins in Push for Scalable Global Blockchain Payments

Visa has grown its stablecoin settlement infrastructure to support three new tokens and two extra blockchains in its latest crypto push.

Visa Adds More Stablecoin Features, Unveiling Avalanche, Stellar Support

Credit card payments giant Visa is expanding crypto settlement options by adding support to three new stablecoins and two blockchains. In a new press release, Visa says it is doubling down on its commitment to stablecoin ecosystem development by adding more stablecoins and blockchains to its settlement options.

Credit Card Giant Visa Expands Settlement Support to Three New Stablecoins and Two Major Blockchains

Global payments provider Visa (V) is expanding its stablecoin settlement platform to new blockchains and stablecoins, the company announced on Thursday.

Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins

Visa has added support for PayPal's PYUSD, Paxos-issued USDG, Circle's EURC, along with the Stellar and Avalanche blockchains.

Visa expands stablecoin settlement to include PayPal's PYUSD, Paxos-issued USDG, Circle's EURC, and adds support for Stellar and Avalanche

CoinDesk 20 Performance Update: Stellar (XLM) Gains 2.1% as Index Inches Higher

Since early July, XLM and XRP—both co-founded by Jed McCaleb—have surged amid a broader altcoin rally. XLM has outperformed most top altcoins in the short term, yet historically it trails behind XRP in market strength.

XLM Rockets Over 100%; XRP Approaches Historic $3.40 High

CoinDesk 20 Performance Update: Stellar (XLM) Surges 20.8% Over Weekend

Bitcoin

Hedera

According to CoinDesk Data price information, at 2:20 p.m. UTC on Sunday, the bitcoin (BTC) price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period.

Bitcoin Breaks $119K, but XLM and HBAR Aren't Impressed by Its Meager Percentage Gain

On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. If approved, the move would mark the expansion of PYUSD beyond its current availability on Ethereum and Solana.

Stellar Performance From XLM as It Posts Top 24H Percentage Gain Among Top 20 Cryptos

Chainlink

The decentralized oracle network Chainlink (LINK) continues to top crypto's real-world asset (RWA) sector in terms of recent development activity, per new research from the analytics firm Santiment. Santiment notes in a new post on the social media platform X that Chainlink registered 351 notable GitHub events in the past 30 days.

News for Stellar Crypto (XLM)