Stellar price

Stellar is the native asset of Stellar, a public network for payments, asset issuance, decentralized exchange, and smart-contract execution. XLM pays transaction fees, supports minimum account balances, and can act as a bridge asset between issued assets. The XLM asset is therefore tied to this specific network, protocol, or issuer function rather than to a generic cryptocurrency category.

Stellar uses the Stellar Consensus Protocol, a federated agreement design in which nodes select trusted quorum sets instead of mining or staking for block rewards. Stellar no longer has protocol inflation; transaction fees move into a locked account, and no mining process creates new XLM. These mechanics describe how XLM is produced, issued, redeemed, burned, or used to secure its network; they do not imply any price outcome or investment view.

A distinguishing feature is that Stellar combines native asset issuance and path-based payments with the Stellar Consensus Protocol's quorum-based agreement model. Validators are not paid transaction fees, distinguishing network agreement from mining and staking reward systems. This named mechanism or use case is the asset-specific fact that separates XLM from tokens that may share a broad category but have different issuance, governance, or settlement designs.