$XLM is the ticker symbol for Stellar Lumens a cryptocurrency associated with the Stellar network Stellar is an open source blockchain platform designed to facilitate cross border transactions and financial inclusivity

The native cryptocurrency of the Stellar network is called XLM and it is used to pay for transaction fees and act as a bridge currency in multi currency transactions

The Stellar network aims to improve the efficiency of financial systems making it easier and cheaper to transfer money globally It supports smart contracts and the creation of custom tokens, and it is known for its low cost fast transactions compared to other blockchain networks. Stellar was founded by Jed McCaleb who was also a co-founder of Ripple

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