Stellar price

At an estimated transaction speed (from beginning to settlement) is approximately 5 seconds, versus Ethereum’s 4 minutes . The fee is also lower with Stellar, at approximately 1 XLM for every 100,000 transactions, which is approximately 0.01% of the total fee for Ethereum transactions.

Competitors and Alternatives to Stellar

Hence, after beginning its project on ethereum, Mobius switched to Stellar , the protocol created by Ripple co-founder Jed McCaleb. Like Ripple before it, Stellar was designed specifically for frictionless payments.

FAQs. Is stellar lumens a good investment? It might be – the coin certainly performed very well in 2021, increasing in value from $0.13 at the beginning of 2021 to closing the year at $0.27. That said, you do need to be cautious: remember that cryptocurrencies can be highly volatile and prices can go down as well as up …