What gives XLM its value — is it just a fee token?

XLM has a broader role than a simple fee token, though transaction fees are part of its function. Every Stellar account must hold a minimum XLM balance, and each transaction consumes a small amount of XLM. These mechanics create baseline demand across every wallet and every transaction on the network, regardless of the asset being transferred. Beyond fees, XLM functions as a bridge currency. When two parties transact in different currencies and no direct trading pair exists, the Stellar Decentralized Exchange can route the payment through XLM as an intermediary, automatically converting at the best available rate. This path-finding role means that growth in Stellar's payment volume and asset ecosystem directly increases the operational demand for XLM. As the Stellar network has attracted stablecoin issuers, tokenized real-world asset projects, and regulated financial products, the range of activity that touches XLM has expanded. Each new asset issued on Stellar requires accounts with minimum XLM balances, and each cross-asset transaction may invoke XLM as a bridge. The token's value is therefore tied to the breadth and volume of the ecosystem it supports, not solely to fee collection.

How does the Stellar Consensus Protocol work and why does it matter for traders?

The Stellar Consensus Protocol (SCP) is a federated Byzantine agreement system. Rather than requiring all nodes to agree with one another, each node selects a set of other nodes it trusts, called a quorum slice. Agreement is reached when overlapping quorum slices collectively confirm a transaction, producing network-wide consensus without centralized coordination or energy-intensive mining. The practical outcome is transaction finality in a few seconds and very low fees, both of which are relevant to how Stellar is used in payment corridors and asset settlement. For those monitoring XLM as a market, SCP's reliability matters because network outages or consensus failures can directly affect sentiment and price. Stellar's track record of consistent uptime, enabled by SCP's design, reduces one category of operational risk that affects more complex or congested chains. For traders taking price exposure via a Perpetual Futures position on CoinUnited, the underlying network's performance is a factor in fundamental analysis. Periods of high Stellar transaction volume or network upgrades can shift market attention to XLM. Because the CoinUnited XLM Perpetual Futures instrument trades continuously, including weekends, traders can respond to protocol-related news at any hour without waiting for an exchange session to open.

What is the Stellar Development Foundation and how does its XLM reserve affect price?

The Stellar Development Foundation (SDF) is a non-profit organization that oversees protocol development, ecosystem grants, and strategic partnerships for the Stellar network. The SDF holds a significant reserve of XLM, which it uses to fund operations, incentivize developers, and support adoption initiatives over time. The existence of a large institutional reserve creates a structural dynamic that traders track. When the SDF disburses XLM, whether through grants, operational sales, or ecosystem programs, those tokens enter circulating supply, which can exert downward pressure on price depending on market conditions and the size of disbursements. Conversely, periods of low disbursement reduce that supply-side pressure. The SDF publishes periodic reports on its holdings and disbursements, giving market participants some visibility into future supply flows. Traders and analysts who follow XLM typically monitor these disclosures alongside exchange order books and open interest data as part of their assessment of supply dynamics. Understanding the SDF's reserve and disbursement cadence is a standard component of fundamental analysis for XLM, distinct from the token mechanics that apply to fully decentralized assets.

Why did Stellar's RWA market value grow so sharply in 2026?

The research context available for this FAQ does not include specific figures or verified source attributions for Stellar's real-world asset (RWA) market value growth in 2026, so a precise quantification cannot be stated here. What the broader context does confirm is that Stellar has been an active venue for tokenized financial assets, including regulated products issued by institutional participants. The general conditions driving RWA growth on Stellar include the network's compliance-friendly architecture, low transaction costs, and fast settlement finality, qualities that matter to regulated issuers of bonds, funds, and other financial instruments. The emergence of products such as tokenized money-market funds and yield-bearing instruments on Stellar has attracted institutional participants who require both on-chain efficiency and regulatory compatibility. For XLM price analysis, RWA growth on Stellar is relevant because each new tokenized asset issued on the network requires accounts funded with minimum XLM balances, and cross-asset transactions may route through XLM. An expanding RWA ecosystem therefore translates into structural, ongoing demand for XLM beyond speculative trading, a factor that analysts typically incorporate into longer-term valuation frameworks.

What stablecoins are issued on Stellar and how do they drive XLM demand?

Stellar supports the issuance of multiple stablecoins, with USD Coin (USDC) issued by Circle being among the most prominent. Additional dollar-pegged and other fiat-pegged stablecoins have been issued on Stellar by various entities, taking advantage of the network's low fees and fast settlement for remittance and payment use cases. Each stablecoin issuer and each holder of a Stellar-based stablecoin must maintain accounts on the network, and each account requires a minimum XLM balance as a reserve. As the number of stablecoin accounts grows, so does the aggregate minimum XLM locked across those accounts. This creates a slow-accumulating, demand-side pressure on XLM that scales with stablecoin adoption rather than with speculative activity. Beyond account minimums, stablecoin transactions that cross currency pairs on Stellar's Decentralized Exchange may route through XLM as a bridge asset. High-volume payment corridors that rely on Stellar-based stablecoins, particularly in cross-border remittances, therefore generate recurring XLM demand. The stablecoin ecosystem on Stellar is consequently a key metric for analysts assessing the token's fundamental demand profile.

How does Circle's CCTP integration with Stellar affect XLM's role in cross-chain payments?

Circle's Cross-Chain Transfer Protocol (CCTP) enables native USDC to move between supported blockchains without wrapping or bridging through custodial intermediaries. Stellar's integration with CCTP means that USDC can be transferred between Stellar and other CCTP-connected chains in a way that preserves native token status on both ends. For XLM's role, this integration has a specific effect. On one hand, CCTP reduces the friction of moving stablecoin liquidity onto and off Stellar, which can increase overall activity on the network, and more activity generally supports demand for XLM through account minimums and potential bridge routing. On the other hand, if cross-chain transfers are settled in USDC without touching the Stellar DEX, some of the XLM bridge-currency demand is bypassed. The net effect depends on whether CCTP integration draws more total volume to Stellar than it displaces in XLM-mediated routing. Analysts tracking XLM watch CCTP-related USDC flows as an indicator of Stellar's growing role in institutional cross-chain settlement infrastructure, recognizing that broader network utility tends to support the baseline demand for the native token even when specific transaction types do not route through it directly.

What is Figure's YLDS product and why is it significant for Stellar's institutional positioning?

YLDS is a yield-bearing financial product issued by Figure Technologies, structured as a regulated instrument that delivers returns to holders on-chain. Its issuance on Stellar represents one of the more prominent examples of a compliant, institutional-grade financial product choosing the Stellar network as its settlement layer. The significance for Stellar's institutional positioning is structural rather than speculative. When a regulated issuer selects Stellar for a product designed for professional or retail investors, it signals that the network meets the compliance, reliability, and settlement-speed requirements that regulated finance demands. Each such issuance adds credibility to Stellar as a venue for tokenized financial products, potentially attracting additional issuers evaluating similar infrastructure choices. For XLM analysis, YLDS and comparable products matter because they generate persistent on-chain accounts, minimum balance requirements, and transaction flows that translate into ongoing, non-speculative XLM demand. They also position Stellar within the broader institutional RWA narrative, which has become a significant driver of blockchain network valuation. Traders assessing XLM's long-term demand profile typically consider the depth and regulatory standing of such institutional deployments alongside more conventional market metrics.

How does Stellar compare to Ripple (XRP) for cross-border payments?

Stellar and Ripple share a common origin, Stellar was founded by Jed McCaleb, a co-founder of Ripple, but the two networks have diverged in architecture, governance, and target market. Ripple's network is primarily positioned for institutional bank-to-bank settlement, with a closed validator set and direct commercial relationships with financial institutions. Stellar operates under the Stellar Development Foundation, a nonprofit, and targets a broader range of participants including remittance corridors, mobile money operators, and emerging-market payment providers. A key structural difference is the Stellar Consensus Protocol, which allows validators to form trust-based quorum slices rather than relying on a single central authority. On the commercial side, Ripple has pursued licensing agreements with larger banks, while Stellar has leaned on stablecoin issuance and open-protocol integrations. Both networks process transactions in seconds with low fees, but their governance models and institutional relationships mean they compete in overlapping rather than identical segments of the cross-border payments market. Traders tracking XLM should note that partnership announcements or regulatory decisions affecting either network can influence sentiment toward both.

Is Stellar competing with Ethereum L2s for the RWA market — and who is winning?

Stellar and Ethereum Layer 2 networks both target the tokenized real-world asset market, but they approach it from different angles. Ethereum L2s inherit a large developer ecosystem and are often chosen by teams already building in the EVM environment. Stellar's pitch is simpler infrastructure: native asset issuance, built-in compliance hooks, and low transaction costs on a purpose-built payments network, without the overhead of smart contract complexity for straightforward asset transfers. The RWA market on Stellar gained notable institutional traction in 2026, with products such as Figure's YLDS representing a category of yield-bearing instruments issued directly on the network. Whether Stellar or Ethereum L2s hold a structural advantage likely depends on the specific use case: complex programmable finance may favor EVM-compatible chains, while regulated, compliance-first asset issuance could favor Stellar's lighter model. There is no single metric that resolves the comparison. Traders watching this space should follow on-chain asset volumes and issuer announcements on both sides, as shifts in institutional preference can move XLM sentiment materially.

What regulatory developments (MiCA, US stablecoin bills) are most relevant to XLM's outlook?

Two regulatory trajectories are particularly relevant to XLM. In the European Union, MiCA establishes a licensing framework for crypto-asset service providers and stablecoin issuers. Because Stellar hosts a range of stablecoins and is used for cross-border payment flows, MiCA's rules on e-money tokens and asset-referenced tokens could directly affect which stablecoins remain available on the network and how they are structured. Compliant stablecoin issuers on Stellar could see an advantage if MiCA pushes users toward regulated instruments, while non-compliant ones may exit. In the United States, proposed stablecoin legislation would set federal standards for reserve requirements, auditing, and issuer licensing. Stellar's institutional growth has been partly driven by dollar-denominated stablecoin activity, so a clear US framework could either expand that activity by giving issuers legal certainty or constrain it through compliance costs. XLM itself is not a stablecoin, but regulatory clarity for the assets that settle on Stellar affects overall network usage, which in turn affects XLM demand as the network's fee and liquidity asset. Regulatory developments in both jurisdictions are worth monitoring for anyone analyzing XLM's medium-term outlook.

How does developer growth on Stellar translate into XLM price pressure over time?

Developer growth on Stellar creates demand for XLM indirectly rather than immediately. Each account on Stellar must hold a minimum reserve of XLM, and each asset or offer created on the network requires additional reserve. As more developers deploy applications, issue assets, or onboard users, the aggregate reserve requirement increases, absorbing supply that would otherwise be liquid. This is a slow-moving but structurally real source of demand. Beyond reserves, higher developer activity tends to increase transaction volume, which generates fee demand in XLM. Applications that enable stablecoin transfers, remittances, or tokenized asset trades all pay fees in XLM at the network level, creating a link between ecosystem utilization and token demand. The relationship is not linear, protocol upgrades could change reserve requirements, and fee levels are deliberately kept low, but sustained developer growth generally expands the total XLM locked in reserves and circulating through fees. Traders should watch metrics such as active accounts, new asset issuance, and transaction counts as leading indicators of this demand channel rather than expecting an immediate price response to any single developer announcement.

What is the XLM token supply model and does it have a hard cap?

XLM does not have a hard supply cap in the same sense as Bitcoin. The network originally issued 100 billion XLM at genesis, but the Stellar Development Foundation burned a large portion of the supply in 2019, reducing the total from roughly 105 billion to approximately 50 billion tokens. Since that burn, the SDF has maintained a defined treasury, with portions allocated to ecosystem development, direct development programs, and operational reserves. The protocol itself does not programmatically mint new XLM on a schedule the way proof-of-work chains do, so there is no continuous inflation from block rewards. However, the absence of a hard cap means the foundation retains discretion over how its treasury is deployed. Regular disbursement reports from the SDF detail how tokens are moved from treasury to circulation, and these releases represent the primary source of new supply entering the market. Traders analyzing XLM supply dynamics should track SDF quarterly reports and on-chain treasury movements rather than assuming a fixed-cap model similar to Bitcoin.

How do I trade XLM perpetual futures on CoinUnited.io?

Trading XLM on CoinUnited means taking a Perpetual Futures position that tracks the price of Stellar without requiring ownership of the underlying token. Accounts are funded and withdrawn in crypto, so no traditional bank account is needed. Once funded, you select the XLM perpetual futures contract, choose a position size and direction (long or short), and set your leverage. The contract has no expiry, so positions remain open until you close them or they are liquidated. The market trades 24 hours a day, seven days a week, including weekends and holidays. This matters for XLM specifically because crypto markets move continuously, and news affecting Stellar, protocol upgrades, partnership announcements, or macro shifts in the crypto market, can arrive at any hour. Trading fees apply at opening and closing; the rate depends on your 30-day contract volume tier and is displayed on the platform. The full fee schedule is at https://coinunited.io/en/account/trading-fees. Holding a position also incurs a periodic funding rate exchanged between longs and shorts, which is separate from the opening fee. The live funding rate is shown on the platform. Maximum leverage on this instrument is up to 2000x, subject to product, jurisdiction, and account eligibility, and higher leverage materially increases the risk of liquidation.

What is a funding rate and how does it affect the cost of holding an XLM long or short position?

A funding rate is a periodic payment exchanged directly between traders holding long and short positions in a perpetual futures contract. Its purpose is to keep the contract price anchored close to the underlying spot price. When the contract trades at a premium to spot, longs typically pay shorts; when it trades at a discount, shorts typically pay longs. The payment is not collected by the exchange, it flows between participants. For XLM positions on CoinUnited, funding is the primary ongoing cost of holding a position, distinct from the one-time trading fee paid at entry and exit. On a leveraged position, the funding obligation is calculated on the notional value of the position, not just the margin posted, so the absolute cost can be significant even if the rate appears small. The live funding rate and the schedule of payment intervals are displayed on the platform. Whether you pay or receive funding depends on your position direction and the prevailing rate at each interval. Traders holding XLM positions for extended periods should factor the cumulative funding cost into their analysis, as it compounds across each payment cycle.

How is the liquidation price calculated on an XLM leveraged position?

The liquidation price is the XLM price level at which the exchange will automatically close your position to prevent losses from exceeding your deposited margin. It is determined by your entry price, the leverage applied, the margin you posted, and the maintenance margin requirement for the contract. A higher leverage ratio means the liquidation price sits closer to the entry price, because a smaller adverse move is sufficient to exhaust the margin buffer. As a simplified illustration: if you open a long position with $1,000 of margin and high leverage, a relatively small percentage drop in XLM price could bring your margin below the maintenance threshold and trigger liquidation. The formula itself is rendered on the platform and in order confirmations, so the exact level for any given position is calculated dynamically. Funding rate payments that accumulate while a position is open also reduce available margin over time, which can cause the effective liquidation price to drift closer to the current market price. Monitoring margin ratio in real time is important for managing this risk. On this instrument, the maximum leverage is up to 2000x, subject to product, jurisdiction, and account eligibility; at that level, the distance between entry price and liquidation price is extremely narrow.

What macro or crypto-wide events historically move XLM price the most?

XLM price tends to respond most sharply to broad crypto market cycles, particularly Bitcoin-led bull and bear phases, where altcoins like XLM often amplify Bitcoin's directional moves. Risk-on sentiment across crypto markets has historically pulled XLM upward more than proportionally, while sharp Bitcoin corrections tend to compress XLM even harder given its smaller liquidity base. Beyond general market cycles, XLM is sensitive to developments in the payments and cross-border remittance space. Regulatory announcements affecting stablecoins, such as progress on US stablecoin legislation or the EU's MiCA framework, can shift sentiment around Stellar's core use case. Partnership announcements, major institutional integrations, and real-world asset tokenization milestones on the Stellar network have also historically produced significant short-term price reactions. Macroeconomic factors that affect risk appetite broadly, interest rate expectations, dollar strength, and global liquidity conditions, also feed into XLM's price through their effect on crypto market sentiment overall. XLM is not insulated from these forces; it tends to move with the crypto risk cycle rather than independently of it.

How does XLM's volatility profile compare to Bitcoin and Ethereum for leverage trading purposes?

XLM is generally a higher-volatility asset than Bitcoin or Ethereum. As a mid-cap altcoin, it has a smaller market capitalization and shallower liquidity than either of the two largest cryptocurrencies, which means price swings in percentage terms tend to be larger and faster during both rallies and sell-offs. For traders using perpetual futures, this means a given adverse move can reach a liquidation threshold more quickly than an equivalent leveraged Bitcoin or Ethereum position. This volatility characteristic has a direct bearing on position sizing and risk management. A leverage level that feels manageable on a Bitcoin position may expose an XLM position to liquidation from routine intraday price fluctuations. The funding rate mechanism, a periodic payment exchanged between long and short holders to keep the contract near spot, also interacts with volatility: during periods of high directional conviction in the market, funding costs can accumulate meaningfully for holders on the crowded side. Traders who are experienced with Bitcoin or Ethereum volatility should treat XLM's volatility as categorically different: faster-moving and more susceptible to sudden reversals, particularly around broader crypto market turning points.

Can I trade XLM on weekends or outside traditional market hours on CoinUnited?

Yes. The CoinUnited XLM Perpetual Futures instrument trades 24 hours a day, seven days a week, with no session closes, holiday pauses, or weekend gaps. This is a meaningful structural difference from instruments tied to traditional market hours, where positions are effectively frozen until the next open. For XLM specifically, this matters because crypto markets move on weekends and outside business hours. Macro news, regulatory announcements, or large network-related developments can break at any time. A partnership disclosure or stablecoin policy update announced on a Saturday, for example, can move XLM sharply before a Monday open, and on CoinUnited, traders can respond to that information in real time rather than waiting for a session to reopen. The same applies to Asian trading hours, which have historically been active for altcoins including XLM. Continuous access means there is no forced holding period during which market conditions can shift without the ability to adjust a position. That continuity carries its own risks, however: adverse moves can also accumulate around the clock, and there is no built-in reset or session gap to interrupt an unfavorable trend.

What are the main risks specific to holding a leveraged XLM position versus spot?

Holding a leveraged XLM Perpetual Futures position on CoinUnited carries risks that do not apply to holding XLM spot. The most significant is liquidation: because a perpetual futures position is leveraged price exposure rather than ownership of the underlying asset, an adverse price move proportional to the margin posted can trigger automatic liquidation, resulting in the loss of that margin. The maximum available leverage on this instrument is 2000x, subject to product, jurisdiction, and account eligibility; at high leverage multiples, even small percentage moves against the position can be sufficient to trigger liquidation. Funding rate cost is the primary ongoing expense of holding a position open. This periodic payment, exchanged between long and short holders at regular intervals, can accumulate significantly over multi-day or multi-week holding periods, particularly if the market is heavily skewed in one direction. The live funding rate is displayed on the platform. Any estimate of holding cost that omits funding will understate the true cost of the position. XLM's higher volatility relative to Bitcoin or Ethereum compounds both of these risks. Trading fees, which are tiered by 30-day contract volume across nine VIP levels and are not zero at the standard tier, also apply on entry and exit. The full fee schedule is available at https://coinunited.io/en/account/trading-fees. Unlike a spot position, a leveraged futures position also confers no ownership of XLM and no direct exposure to on-chain utility or network participation.

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XLMStellar

Быстрые ссылки

Калькулятор позиции

Размер позиции (USD)Плечо

Требуемый маржин

$10.00

P&L если XLM изменится

+1%+$10.00

+5%+$50.00

+10%+$100.00

Начните торговлю с плечом {leverage}x

Stellar

XLMPerpetual Futures · not spot

$0.1895

+ 6.40%(24h)

Тикер:XLMСеть:—Запуск:—Предложение:—Роль:—Генезис:—

Ключевые факты

Все измеренные на этой странице показатели, сгруппированные по тому, что они показывают, каждый со своим источником.

Price & Market Data

Место по капитализации	#19CoinGecko
Рыночная капитализация	$6.2BCoinGecko
Полностью разводнённая оценка	$8.9BCoinGecko
Исторический максимум	$0.8756 (2018-01-02), 80% belowCoinGecko
Исторический минимум	$0.00047612 (2015-03-04)CoinGecko

Tokenomics

Циркулирующее предложение	34.83B XLMCoinGecko
Максимальное предложение	No fixed supply capCoinGecko

On-chain Fundamentals

Транзакции (24 ч)	3,529,961Blockchair
Комиссия в сети (24 ч)	$0.0002Blockchair
Активность разработки	GitHub 3,301 stars, 23 commits in 4 weeks (incl. merges)GitHub

Valuation Ratios

Капитализация / FDV	0.70CoinGecko
TVL DeFi в сети Stellar	$244MDefiLlama

Network & Technology

Механизм консенсуса	Stellar Consensus ProtocolProject documentation
Среднее время блока	5.8 secondsBlockchair

Product & Other

Тип актива	Layer 1 blockchain (own network)Project documentation (derived)
Волатильность (30 дн., годовая)	74%CoinGecko daily closes, standard deviation of log returns
Торгуется на	90 exchanges (166 pairs)CoinGecko
Продукт CoinUnited	Бессрочные фьючерсы - синтетическая ценовая экспозиция; монета не хранится, прав в сети, стейкинга и управления нет. Доступно плечо, есть риск ликвидации. Торги 24/7.CoinUnited product terms

What Is Stellar (XLM)?

TL;DR

Stellar is a low-cost, high-throughput payment and tokenization network whose XLM token has gained renewed traction as its real-world asset and stablecoin settlement volumes scale rapidly into 2026.

Stellar is an open, federated blockchain designed for low-cost cross-border payments and digital asset issuance, with XLM functioning as the network's native fee currency and liquidity bridge between assets.

Built to serve regulated financial institutions and fintech developers, Stellar occupies a distinct niche: it prioritises transaction throughput, fast finality, and compliance-friendly controls over programmable generality.

The network's Stellar Consensus Protocol (SCP) uses federated Byzantine agreement rather than proof-of-work mining. Each node selects a set of trusted peers, a "quorum slice", and consensus emerges from overlapping trust relationships rather than computational competition. The practical result is settlement in a few seconds with negligible energy consumption.

The tradeoff is a trust model that is more interdependent than maximally permissionless designs, a distinction material to anyone assessing the network's censorship resistance.

XLM's supply model rewards understanding. A native inflation mechanism existed at launch but was removed by community vote in 2019. Since then, deflationary pressure comes solely from transaction fees, which are permanently destroyed rather than redistributed.

At normal throughput the burn rate is modest, but sustained high usage, driven by the fintech and payments sector's growing demand for settlement rails, gradually compresses the circulating float.

The Stellar Development Foundation also holds a material reserve of XLM and has historically conducted both programmatic disbursements and outright burns; the Foundation's release schedule represents a supply-side variable that has no on-chain automation, making it dependent on governance decisions rather than protocol rules.

For builders, Stellar's native path-payment primitive allows multi-hop asset conversion within a single atomic transaction, a feature relevant to stablecoin and tokenized-asset infrastructure where settlement across currency pairs must be both cheap and predictable.

On CoinUnited, XLM is available as a Perpetual Futures position, giving traders leveraged price exposure to the asset without holding it directly.

Последнее обновление: 2026-08-30

Ключевые Инсайты

Stellar's RWA market value grew roughly 360% year-to-date through late August 2026, reaching nearly $4 billion, a structural demand signal rather than speculative momentum.
Stablecoin transfer volume on Stellar reached $11.4 billion in Q2 2026, up 72% quarter-over-quarter, positioning the network as a serious settlement rail for regulated dollar instruments.
Monthly active developers on Stellar grew 125% year-over-year to nearly 3,000 as of June 2026, indicating that builder activity is accelerating alongside institutional adoption rather than preceding or lagging it.
Figure's YLDS, the first SEC-registered yield-bearing dollar product on Stellar, signals that the network is attracting compliance-first issuers, which creates a qualitatively different demand base than typical DeFi platforms.
XLM functions as the native fee and bridge asset on a network increasingly used by regulated institutions; demand for the token is therefore partly derived from network throughput rather than driven purely by retail speculation.

Основные выводы

Последнее обновление:: 2026-06-02

•MoneyGram запустила MGUSD 2 июня 2026 года на Stellar, обеспеченный Bridge (эмитент), M0 (минтинг/сжигание) и Fireblocks (кастодиальное хранение) — одно из самых инфраструктурно полных развертываний потребительских стейблкоинов на сегодняшний день.
•XLM является наиболее прямым торговым выражением; текущая цена составляет $0,2320, снизившись на 12,12% за день — более широкое давление рынка временно перевешивает нарративный катализатор.
•База из более чем 60 миллионов клиентов MoneyGram и 500 000 розничных точек предоставляют MGUSD инфраструктуру распространения, с которой ни один крипто-нативный стейблкоин не мог сравниться на момент запуска.
•Это нарративная сделка до тех пор, пока данные об объеме транзакций MGUSD в сети не подтвердят реальные потоки денежных переводов — следите за объявлениями о международном расширении как следующим катализатором.
•Событие усиливает тему институционального развития стейблкоинов: крупные финансовые посредники переходят от использования стейблкоинов к их выпуску и контролю.

Цена и рыночная структура

24H Диапазон: $0.176→$0.19

24H Низкий

$0.176

24H Высокий

$0.19

БИД / АСК

$0.189 / $0.19

Загрузка графика...

Today's signals

read live

Metric	Value	Source
24h change	+6.58%	OKX USDT-margined perpetual
7d change	-1.06%	CoinGecko
30d change	+18.52%	CoinGecko
1y change	-52.76%	CoinGecko
24h range	$0.17576 - $0.1895	OKX USDT-margined perpetual
From all-time high	-78.4%	OKX USDT-margined perpetual / CoinGecko
Funding rate (8h)	+0.0100%	OKX USDT-margined perpetual
Open interest	$10M	OKX USDT-margined perpetual
Long/short ratio	0.68	OKX USDT-margined perpetual

Read at request time from third-party perpetual-futures market data. Not CoinUnited's own book.

Статус режима деривативов

Кредитное плечо

2000x

(Максимум на CoinUnited.io)

Финансирование

+0.0100%

Longs pay shorts

Волатильность

Расширение

(7.26% 24h)

Открытый интерес

$10M

Long/short 0.68

Perpetual-futures data: OKX USDT-margined perpetual

Comparable Coins

How this coin compares with other large-cap crypto assets on the attributes price alone does not show.

Asset	Rank	Market cap	Consensus	Supply	DeFi TVL
Chainlink · LINK	#16	$8.4B	—	Capped at 1.00B LINK	—
LEO Token · LEO	#17	$8.3B	—	No fixed cap	—
Cardano · ADA	#18	$7.6B	Proof of Stake (Ouroboros)	Capped at 45.00B ADA	$55M
Stellar · XLM	#19	$6.2B	Stellar Consensus Protocol	No fixed cap	$244M
Bitcoin Cash · BCH	#22	$4.4B	Proof of Work (SHA-256)	Capped at 21.00M BCH	$7M

Third-party market data shown for comparison. Not a CoinUnited valuation and not investment advice.

Глоссарий

Ключевые термины криптовалют и бессрочных фьючерсов, по одной строке на каждый, чтобы страница была однозначной и для читателей, и для ИИ-поисковиков.

Бессрочные фьючерсы	Производный инструмент, который отслеживает цену актива и не имеет даты экспирации: только ценовая экспозиция, без владения базовой монетой и без её хранения.
Ставка финансирования	Периодический платёж между держателями длинных и коротких позиций, удерживающий бессрочный фьючерс вблизи спотовой цены; это основная стоимость УДЕРЖАНИЯ позиции, отдельная от торговых комиссий.
Ликвидация	Принудительное закрытие позиции с плечом, когда маржа опускается ниже поддерживающего уровня; чем выше плечо, тем меньшее движение против позиции её запускает.
Циркулирующее предложение	Количество монет, выпущенных и доступных для торговли на данный момент: это не максимум, который когда-либо может существовать, и именно из него рассчитывается рыночная капитализация.
Полностью разводнённая оценка	Какой была бы рыночная капитализация, если бы все возможные монеты уже находились в обращении сегодня; для токена без предельного предложения она не определена.
Механизм консенсуса	Правило, по которому блокчейн согласовывает историю транзакций, например Proof of Work, где майнеры расходуют энергию, или Proof of Stake, где валидаторы вносят залог.

Risk factors

Risk	What it means
Volatility	Crypto prices move further and faster than equities, with no daily limit and no circuit breaker. A move that would be a notable day in a stock is an ordinary one here.
No closing bell	This instrument trades around the clock, weekends included. A position is exposed at every hour, including the ones you are not watching, and there is no close to reassess at.
Leverage and liquidation	At the maximum available leverage of 2000x, a small adverse move exhausts the margin and the position is closed automatically. Losses are not limited to the move you expected; they are limited by the margin you posted.
Regulatory change	Rules differ by jurisdiction and are still being written. A change can affect what is tradeable, by whom, and on what terms, with little notice.
Market structure	The quoted price is a derivative reference, not the spot market itself. Price and liquidity can differ from spot, and the gap tends to widen in exactly the fast conditions where it matters most.
Funding as a holding cost	A perpetual future charges funding periodically between longs and shorts. Held long enough it becomes the dominant cost of the position, larger than the fee to open and close it.

This list is not exhaustive and is not investment advice. Leveraged trading can result in the loss of your entire margin.

Последние импульсы

2026-06-02КриптовалютаБычий

XLM

MoneyGram запускает стейблкоин MGUSD на Stellar: что это значит для XLM и гонки платежей

Как сообщает PRNewswire и подтверждает пресс-релиз Stellar, 2 июня 2026 года MoneyGram International запустила MGUSD — стейблкоин, обеспеченный долларом США, развернутый на блокчейне Stellar. Продукт

2026-06-02КриптовалютаБычий

XLM

MoneyGram запустила USDC на Stellar: что означает стремление гиганта денежных переводов к стейблкоинам для XLM и платежной гонки

MoneyGram International и Stellar Development Foundation (SDF) объявили о продлении многолетнего партнерства для масштабирования реального использования стейблкоинов по всему миру. Потребительское моб

Просмотреть все импульсы XLM

Why Trade XLM? Key Price Drivers and Catalysts

XLM demand is structural rather than purely speculative: every institution issuing a stablecoin or tokenized asset on Stellar must hold XLM to pay transaction fees and fund newly created accounts. This creates a semi-captive buy-side that scales directly with network activity.

Unlike speculative inflows, which reverse on sentiment, issuer-driven demand is anchored to operational necessity, a financial institution running live settlement rails cannot simply stop seeding accounts without pausing its product.

The compliance angle reinforces this stickiness. Regulated issuers choosing Stellar, drawn by its compliance-oriented controls and compatibility with frameworks such as the MiCA stablecoin enforcement wave and evolving US stablecoin legislation, make slow-to-reverse infrastructure decisions.

Integration work, legal review, and counterparty onboarding create genuine switching costs.

The broader RWA buildout accelerates this dynamic: as tokenized assets require compliant settlement rails, Stellar's design choices become a selection criterion rather than a differentiator, compressing the field of credible alternatives for regulated issuers who prioritise auditability over programmable flexibility.

Developer growth is the leading indicator to watch. New builders typically precede new applications by several quarters, which in turn precede the throughput gains that drive fee-burn and account-seeding demand for XLM.

A sustained expansion in the developer base, reported at 125% year-over-year, suggests the application pipeline is still filling rather than mature, meaning the demand curve from institutional usage may not yet be fully priced in.

The stablecoin banking infrastructure buildout provides the broader context: payment-focused chains are competing for a market that is growing, not fixed.

The primary risk to this thesis is substitution. Ethereum L2s, Solana, and purpose-built payment chains are all targeting the regulated-institution payments market simultaneously. A single large issuer migrating its settlement volume to a competing chain would materially reduce XLM's fee demand, because the derived-throughput model works in reverse just as efficiently.

Traders taking a leveraged position via CoinUnited's XLM Perpetual Futures should account for both directions: funding rates, charged periodically between long and short holders, represent an ongoing holding cost that compounds across multi-day positions and can shift with market conditions, the live rate is shown on the platform.

Stellar's Position in the Payments and RWA Landscape

Stellar's competitive position rests less on raw technology metrics than on regulatory legibility and institutional familiarity. Its compliance controls, including account flags, authorization revocation, and native multi-hop path payments, map directly onto the operational requirements of licensed money transmitters and regulated issuers.

Central bank pilots and established remittance corridors have interacted with these controls for long enough that Stellar is a known quantity to legal and compliance teams, a form of reputational capital that does not appear in any throughput benchmark.

The switching cost for a regulated issuer already live on the network is the clearest expression of this moat. Moving to a different chain requires new smart contract audits, fresh legal opinions on token classification, and rebuilt operational integrations, a process measured in months and six-figure budgets. Pure technology comparisons understate this friction.

When evaluating competitors, the relevant question is not which chain is faster in isolation, but which chain a compliance team will approve for a second deployment. Stellar's answer has been consistent uptime and zero core protocol security incidents, a counter-narrative that carries weight in procurement cycles where a single outage creates regulatory exposure.

The issuer-side network effect compounds from here: each new regulated stablecoin or tokenized asset live on Stellar makes the network more familiar and defensible to the next issuer's legal team, raising the collective bar for any competing chain to clear.

Solana offers higher raw throughput and a richer DeFi ecosystem, but validator concentration and documented historical outages have made compliance-conscious issuers cautious about building critical payment infrastructure on it.

Ethereum L2s compete directly for the real-world asset tokenization market with deeper liquidity and broader developer tooling; their structural disadvantage for Stellar's primary use case is cost and account complexity at scale.

High-volume, low-value payment flows, a remittance corridor processing thousands of small transfers daily, are sensitive to base fees and account model overhead in ways that favour Stellar's lean transaction design.

As of August 2026, the most durable tailwinds for Stellar's market position are regulatory rather than speculative. Stablecoin sovereign payment regulation and MiCA-style enforcement frameworks increase compliance overhead across all chains, but they disproportionately reward networks whose feature sets were designed for regulated issuers

from the outset. Each new regulatory layer that raises the bar for issuing on permissionless, general-purpose chains narrows the field of credible alternatives, and positions Stellar's institutional relationships as a durable, if slowly compounding, structural advantage.

⚡2000x💰Fees down to 0%⏱️10s Start🌐24/7

Готовы торговать XLM?

До 2000x кредитного плеча · Торговля 24/7

Торгуйте XLM сейчас

Trading XLM on CoinUnited.io

XLM exposure on CoinUnited is taken through a Perpetual Futures position, a leveraged contract that tracks spot continuously with no expiry and no ownership of the underlying asset. Two costs govern the economics: the trading fee (tiered by 30-day volume; see the full schedule) and the funding rate.

Funding Rate Mechanics

Funding transfers between long and short holders every eight hours, anchoring the contract to spot. A position held across multiple intervals accumulates these payments or receipts, and they can materially alter net cost. Any holding-cost estimate that omits funding is incomplete.

Worked Example: 2000x Leverage

At 2000x, a $10 margin position carries $20,000 notional exposure. An adverse move of just 0.05% eliminates the entire margin: $20,000 × 0.0005 = $10. Including fees and funding would compress the liquidation threshold further.

Volatility and Position Sizing

XLM moves with broad crypto beta as much as Stellar-specific news. Macro events such as stablecoin sovereign payment regulation can produce sharp moves unrelated to network fundamentals. Position sizing should reflect that beta.

⚡2000x💰Fees down to 0%⏱️10s Start🌐24/7

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Часто задаваемые вопросы

Stellar is an open-source, decentralized blockchain protocol designed specifically for fast, low-cost cross-border payments and asset issuance. Its native token, XLM (Lumens), is both a bridge currency in multi-currency transactions and a mechanism to prevent network spam by requiring a small minimum balance and transaction fee. What separates Stellar from other payment-oriented blockchains is its architecture. Rather than relying on proof-of-work or proof-of-stake consensus, Stellar uses the Stellar Consensus Protocol (SCP), a federated Byzantine agreement system that enables near-instant finality, typically within a few seconds, without the energy overhead of mining. This design makes it practical for high-frequency, low-value remittances as well as the issuance of regulated financial assets. Stellar has also developed a distinct institutional footprint. Its protocol supports the issuance of stablecoins, tokenized real-world assets, and regulated financial products directly on-chain. That combination of speed, low cost, and compliance-friendly infrastructure differentiates it from general-purpose smart contract platforms and from older payment-focused chains that lack native asset issuance capabilities.

О авторе

Команда криптоисследований CoinUnited.io

Этот комплексный анализ и торговый гид по Stellar был тщательно исследован и составлен преданной командой криптоисследований CoinUnited.io — группой опытных финансовых аналитиков, экспертов в области блокчейн-технологий и профессиональных трейдеров с обширным опытом работы на рынках криптовалют. Наша команда сочетает десятилетия совместного опыта в традиционных финансах, количественном анализе и торговле цифровыми активами, чтобы предоставить вам точные и практические инсайты.

Экспертиза нашей команды включает:

✓Более 10 лет совместного опыта в торговле криптовалютами и исследовании блокчейн-технологий
✓Профессиональные сертификаты в области финансового анализа (CFA, CFP) и технического анализа (CMT)
✓Практический опыт торговли с управлением миллионами в цифровых активах на бычьих и медвежьих рынках
✓Постоянный мониторинг нормативных изменений, технологических инноваций и рыночных тенденций, влияющих на криптопространство

Наша методология исследования

Каждый элемент контента, который мы публикуем, проходит строгую проверку фактов и рецензирование. Мы комбинируем фундаментальный анализ, технический анализ и данные на блокчейне, чтобы предоставить комплексные рыночные инсайты. Наши анализы регулярно обновляются, чтобы отражать последние рыночные условия, технологические разработки и изменения в регулировании. Мы привержены прозрачности, точности и предоставлению беспристрастной информации, чтобы помочь вам принимать обоснованные торговые решения.

Отказ от ответственности: Хотя наша команда обладает обширным опытом и экспертизой, весь контент предоставляется только для информационных и образовательных целей и не должен рассматриваться как персонализированное финансовое консультирование. Торговля криптовалютами несет значительные риски. Всегда проводите собственное исследование и консультируйтесь с квалифицированными финансовыми консультантами перед принятием инвестиционных решений.

Stellar (XLM) Доходность

Зарабатывайте пассивный доход на ваших активах Stellar через различные возможности получения дохода. Сравните годовые процентные доходности (APY), предлагаемые ведущими криптовалютными платформами, и выберите лучший вариант для вашей инвестиционной стратегии. CoinUnited.io предлагает конкурентные ставки с гибкими условиями и безопасностью уровня банка.

#	Поставщик услуг	Тип доходности	Чистая APY	DeFi/CeFi
1	CoinUnited.io	Стейкинг	10.11%	CeFi
2	Binance	Заработок (Гибкий)	0.50%-2.00%Est.	CeFi
3	Bybit	Заработок (Гибкий)	1.00%-3.00%Est.	CeFi
4	Gate.io	Заработок (Гибкий)	0.30%-8.00%Est.	CeFi
5	KuCoin	Заработок (Гибкий)	0.50%-2.50%Est.	CeFi
6	Coinbase	Стейкинг	1.00%-5.00%Est.	CeFi
7	Kraken	Стейкинг	0.25%-20.00%Est.	CeFi
8	Nexo	Заработок (Гибкий)	2.00%-4.00%Est.	CeFi

⭐Заработайте до 125.00% APY на XLM на CoinUnited.io

CoinUnited.io предлагает одну из самых конкурентоспособных программ доходности XLM в отрасли. Наш продукт с гибким заработком позволяет вам получать пассивный доход, сохраняя полную ликвидность — вы можете вывести свои средства в любое время без периодов блокировки или штрафов.

✓Нет минимального депозита - начинайте зарабатывать с первого дня
✓Ежедневные выплаты процентов автоматически зачисляются на ваш счет
✓100% гибкость - выводите в любое время без штрафов или периодов блокировки

Как начать зарабатывать

1.Создайте бесплатный аккаунт на CoinUnited.io (это займет менее 2 минут)
2.Пополните свой кошелек CoinUnited.io на XLM
3.Включите Flexible Earn и начните зарабатывать проценты немедленно

Важные соображения

⚠️Доходность переменная и может изменяться в зависимости от рыночных условий
⚠️Ваши активы остаются под управлением CoinUnited.io во время получения дохода
⚠️Прошлая доходность не гарантирует будущие результаты

Отказ от ответственности: ставки APY указаны только для справки и могут варьироваться в зависимости от рыночных условий. Доходность не гарантируется и может изменяться без предварительного уведомления. Инвестиции в криптовалюту несут риски, включая потенциальную потерю основного капитала. Пожалуйста, внимательно прочитайте наши Условия обслуживания и раскрытия рисков перед участием в продуктах доходности.

Source Map

Every figure on this page traces to a primary or named third-party source. "As of" dates the source; "last checked" dates our most recent read of it.

Every figure here is also published as machine-readable data, and re-checked on a schedule so a stale one shows up as stale. View the raw data

Field	Value	Source	As of	Last checked
Market cap rank	#19	CoinGecko	2026-09-13	2026-09-13	View
Market cap	$6.2B	CoinGecko	2026-09-13	2026-09-13	View
Fully diluted valuation	$8.9B	CoinGecko	2026-09-13	2026-09-13	View
All-time high	$0.8756 (2018-01-02), 80% below	CoinGecko	2026-09-13	2026-09-13	View
All-time low	$0.00047612 (2015-03-04)	CoinGecko	2026-09-13	2026-09-13	View
Circulating supply	34.83B XLM	CoinGecko	2026-09-13	2026-09-13	View
Transactions (24h)	3,529,961	Blockchair	2026-09-13	2026-09-13	View
Average transaction fee (24h)	$0.0002	Blockchair	2026-09-13	2026-09-13	View
Development activity	GitHub 3,301 stars, 23 commits in 4 weeks (incl. merges)	GitHub	2026-09-12	2026-09-13	View
Average block time	5.8 seconds	Blockchair	2026-09-13	2026-09-13	View
CoinUnited product	Perpetual Futures - synthetic price exposure; no coin custody and no on-chain, staking or governance rights. Leverage available, with liquidation risk. Trades 24/7.	CoinUnited product terms	—	—	—
U.S. Securities and Exchange Commission (SEC)	—	U.S. Securities and Exchange Commission (SEC)	—	—	View

Отказ от ответственности и ссылки

Важное предупреждение о рисках

Все прогнозы и предсказания цен Stellar, представленные на этой платформе, предназначены исключительно для информационных и образовательных целей. Они не являются финансовыми советами, инвестиционными рекомендациями или указаниями любого рода.

Рынки криптовалют крайне волатильны и непредсказуемы. Прошлые результаты не гарантируют будущих успехов. Представленные прогнозы основаны на математических моделях, анализе исторических данных и различных технических индикаторах, но не могут учитывать непредвиденные рыночные события, изменения в регулировании или другие внешние факторы.

Пользователям рекомендуется проводить собственные исследования и консультироваться с квалифицированными финансовыми специалистами перед принятием инвестиционных решений. Создатели и операторы данной платформы не несут ответственности за любые финансовые убытки или иные ущербы, которые могут возникнуть в результате полагания на предоставленную информацию.

Инвестиции в криптовалюты связаны с существенным риском, включая возможную потерю всей суммы инвестиций.

Обзор методологии

Наши прогнозы цен Stellar используют многофакторный подход, объединяющий:

Технический анализ (скользящие средние, осцилляторы, графические модели)
Модели машинного обучения (нейронные сети LSTM, регрессионные модели)
Ончейн-метрики (объем транзакций, активные адреса, потоки на биржах)
Анализ настроений (социальные сети, новости, психология толпы)
Макроэкономические факторы (инфляция, процентные ставки, корреляция с традиционными рынками)

Последнее обновление методологии:

Готовы начать торговать Stellar?

Присоединяйтесь к тысячам трейдеров и начните свое путешествие по торговле Stellar сегодня. Получите доступ к продвинутым торговым инструментам и конкурентоспособным комиссиям.

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Ключевые факты

Price & Market Data

Tokenomics

On-chain Fundamentals

Valuation Ratios

Network & Technology

Product & Other

What Is Stellar (XLM)?

Ключевые Инсайты

Основные выводы

Цена и рыночная структура

Today's signals

Статус режима деривативов

Comparable Coins

Глоссарий

Risk factors

Последние импульсы

MoneyGram запускает стейблкоин MGUSD на Stellar: что это значит для XLM и гонки платежей

MoneyGram запустила USDC на Stellar: что означает стремление гиганта денежных переводов к стейблкоинам для XLM и платежной гонки

Why Trade XLM? Key Price Drivers and Catalysts

Stellar's Position in the Payments and RWA Landscape

Готовы торговать XLM?

Trading XLM on CoinUnited.io

Funding Rate Mechanics

Worked Example: 2000x Leverage

Volatility and Position Sizing

Начните свое торговое путешествие

Связанные исследования

Часто задаваемые вопросы

1. What is Stellar (XLM) and how does it differ from other payment blockchains?

2. What gives XLM its value — is it just a fee token?

3. How does the Stellar Consensus Protocol work and why does it matter for traders?

4. What is the Stellar Development Foundation and how does its XLM reserve affect price?

5. Why did Stellar's RWA market value grow so sharply in 2026?

6. What stablecoins are issued on Stellar and how do they drive XLM demand?

7. How does Circle's CCTP integration with Stellar affect XLM's role in cross-chain payments?

8. What is Figure's YLDS product and why is it significant for Stellar's institutional positioning?

9. How does Stellar compare to Ripple (XRP) for cross-border payments?

10. Is Stellar competing with Ethereum L2s for the RWA market — and who is winning?

11. What regulatory developments (MiCA, US stablecoin bills) are most relevant to XLM's outlook?

12. How does developer growth on Stellar translate into XLM price pressure over time?

13. What is the XLM token supply model and does it have a hard cap?

14. How do I trade XLM perpetual futures on CoinUnited.io?

15. What is a funding rate and how does it affect the cost of holding an XLM long or short position?

16. How is the liquidation price calculated on an XLM leveraged position?

17. What macro or crypto-wide events historically move XLM price the most?

18. How does XLM's volatility profile compare to Bitcoin and Ethereum for leverage trading purposes?

19. Can I trade XLM on weekends or outside traditional market hours on CoinUnited?

20. What are the main risks specific to holding a leveraged XLM position versus spot?