Price Stellar (XLM)

Over the past few years, the price of Stellar (XLM) in euros has fluctuated significantly.
In 2017, Stellar saw a rapid rise from under EUR 0.01 to around EUR 0.70 in January 2018, supported by the general euphoria of the cryptocurrency market.
In 2018, the price corrected sharply, falling below 0.10 EUR, in line with the overall bear market.
Between 2019 and 2020, Stellar’s price stabilized, generally oscillating between 0.05 and 0.10 EUR.
In 2021, as the market recovered, XLM reached around EUR 0.60 before undergoing a further correction.
Since then, the price has fluctuated between EUR 0.10 and EUR 0.35, influenced by global economic conditions and the progress of the Stellar network.
On September 12, 2024, the XLM share price was €0.0845.

Stellar was founded in 2014 by Jed McCaleb and Joyce Kim.
Jed McCaleb is a well-known developer in the cryptocurrency field, having also co-founded Ripple and created the first bitcoin exchange platform, Mt.
Gox.
Joyce Kim, a lawyer and entrepreneur, co-founded Stellar with McCaleb to create a blockchain platform aimed at facilitating fast, secure and low-cost cross-border payments, particularly for unbanked populations.
Stellar stands out for its mission to make financial services accessible to all, by connecting financial institutions, businesses and individuals via its decentralized network.

Stellar has attracted investment from a variety of influential funds and organizations in the technology and finance sectors.
Notable investors include Stripe, the financial technology company that provided initial support by funding Stellar with $3 million in exchange for lumens (XLM), the network’s native token.
Other major backers include the Foundation for a Decentralized Internet (DFINITY) and individual investors such as Sam Altman, President of Y Combinator, and Patrick Collison, co-founder of Stripe.
Stellar also benefits from strategic partnerships with organizations such as IBM, which uses the Stellar network for its cross-border payment solutions.

Stellar is designed to facilitate fast, secure and low-cost cross-border payments, connecting financial institutions, businesses, and individuals through its decentralized blockchain network.
This makes it particularly attractive for money transfer solutions and financial inclusion, especially in underbanked regions.
Stellar benefits from strategic partnerships with major companies such as IBM, reinforcing its credibility and adoption on the global market.
In addition, its technology enables the seamless exchange of digital currencies and assets, making it a versatile and innovative platform.
These features make Stellar an attractive option for investors looking to position themselves in blockchain projects with a real impact on global financial services.