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Stellar logo XLM

Stellar: history, founders and key events

From Jul 31, 2014 to today, every major rally, crash and upgrade, each with a dated, sourced price.

Open the interactive timeline
6dated events
6years covered
3059daily closes charted
12source links

Latest close in our data: $0.1867 (Coinbase Exchange XLM/USD daily close, 2026-10-14).

LaunchedJul 31, 2014
ConsensusStellar Consensus Protocol (federated Byzantine agreement)
SupplyAbout 50 billion XLM after a 2019 burn

Origin story

Stellar was launched in July 2014 by Jed McCaleb, a co founder of Ripple and the founder of Mt. Gox, together with lawyer Joyce Kim. It started as a fork of Ripple's code and is run by the nonprofit Stellar Development Foundation.

In 2015 Stellar switched to its own Stellar Consensus Protocol, designed by David Mazieres of Stanford. The network focuses on cheap cross border payments and issuing assets such as stablecoins.

Founders: Jed McCaleb and Joyce Kim; run by the nonprofit Stellar Development Foundation.

Stellar price, USD
launchrallycrashupgradelegalforkoutagemilestone

Source: Binance XLM/USDT daily closes 2018-05-31 to 2019-03-13; Coinbase Exchange XLM/USD daily closes 2019-03-14 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.

Browse by year

201420182019202120222024

Key events

  1. Jul 31, 2014launch
    Stellar launches
    Jed McCaleb and Joyce Kim launch Stellar.
  2. May 31, 2018milestone
    First daily close in our data $0.2957 (Binance XLM/USDT daily close, 2018-05-31)
    Our sourced XLM price history begins on this day.
  3. Nov 4, 2019milestone
    SDF burns 55 billion XLM $0.0795 (Coinbase Exchange XLM/USD daily close, 2019-11-04)
    More than half of all lumens are destroyed.
  4. May 11, 2021rally
    Highest close in our data $0.7357 (Coinbase Exchange XLM/USD daily close, 2021-05-11)
    The highest daily close for XLM in our price history.
  5. Dec 31, 2022crash
    Lowest close after the peak $0.07101 (Coinbase Exchange XLM/USD daily close, 2022-12-31)
    The lowest XLM close in our data after its highest close.
  6. Feb 20, 2024upgrade
    Soroban smart contracts $0.1177 (Coinbase Exchange XLM/USD daily close, 2024-02-20)
    Stellar adds a smart contract platform.

Updated

Sources

Facts written in our own words. Last checked Oct 14, 2026.