Current XLM to USD Price Overview
The current price of Stellar (XLM) against the US Dollar (USD) is $0.2387. Over the past 24 hours, the price has decreased by 1.93%. However, looking at the weekly performance, XLM has seen a positive movement of +1.51%. The last 30 days have been more challenging for Stellar, with a overall downward trend resulting in a -12.90% decrease.
This volatility is common in the cryptocurrency market and highlights the importance of staying updated with real-time data before making any conversion decisions.
Market Statistics and Key Data Points
Understanding key market metrics provides crucial context for any cryptocurrency evaluation. Here are the essential statistics for Stellar:
- 24-Hour Low: $0.237
- 24-Hour High: $0.2482
- All-Time High Price: $0.875563
- All-Time Low Price: $0.00047612
- Market Capitalization: $7.36 Billion
- Circulating Supply: 30.94 Billion XLM
- Max Total Supply: 50.00 Billion XLM
- Fully Diluted Valuation: $11.90 Billion
These figures paint a comprehensive picture of Stellar's position in the broader digital asset market. Its market cap ranks it among significant cryptocurrencies, while the difference between its circulating supply and max supply indicates there are still tokens to be released into the market.
How to Convert Stellar (XLM) to USD
Converting your XLM holdings to US dollars is a straightforward process. Platforms that support XLM trading pairs will typically allow you to execute a sell order against USD or a stablecoin like USDT, which can then be easily converted to fiat currency and withdrawn to your bank account.
The exact steps can vary slightly depending on the exchange you use, but the general principle remains the same. You can always explore more strategies for managing crypto-to-fiat conversions efficiently.
How to Convert USD to Stellar (XLM)
If you're looking to acquire Stellar, the process is just as simple. Most major cryptocurrency exchanges allow you to deposit US dollars (via bank transfer, wire, or sometimes credit card) and then use those funds to purchase XLM directly on the spot market.
Once purchased, it's considered a best practice to transfer your XLM to a personal hardware or software wallet for secure long-term storage, rather than leaving them on the exchange.
Frequently Asked Questions
What is the current price of 1 XLM in USD?
As of the latest update, the price for 1 Stellar (XLM) is $0.2387 US Dollars. Remember that cryptocurrency prices are highly volatile and can change by the second.
How much has the XLM to USD price changed in the last 24 hours?
Over the past day, the value of XLM has decreased by approximately 1.93%. This short-term movement is a normal part of market cycles and can be influenced by overall market sentiment, trading volume, and broader economic news.
What is the total supply of Stellar (XLM)?
Stellar has a circulating supply of 30.94 billion XLM tokens. Its protocol defines a maximum total supply of 50.00 billion XLM. This fixed supply is a key feature of its economic model.
Why is it important to track both circulating and total supply?
Understanding the supply metrics helps investors gauge potential inflation or scarcity. The circulating supply affects the current market cap, while the max supply indicates the ultimate number of tokens that will ever exist, influencing long-term value projections.
What factors commonly influence the price of XLM?
The price of Stellar is influenced by a combination of general crypto market trends, developments and partnerships announced by the Stellar Development Foundation, overall adoption of its network for cross-border payments, and broader macroeconomic factors affecting digital assets.
Where can I find reliable resources to learn about trading cryptocurrencies?
For those new to the space, seeking educational content on fundamental analysis, technical analysis, and risk management is crucial. Many reputable platforms offer free guides and courses. You can also get advanced methods and insights from established educational hubs to build a strong knowledge foundation before executing trades. Practicing with simulated or "demo" trading environments is highly recommended to gain experience without financial risk.