Stellar vs Filecoin

General

Description

Stellar Logo
Stellar
 (XLM)

Stellar is a decentralized payment network used by both businesses (e.g., financial service providers) and individuals to process cross-border payments quickly, cheaply, and efficiently across different currency zones. Thanks to its built-in “Asset Exchange,” assets such as currencies can be seamlessly exchanged with one another.

What is Stellar?
Filecoin Logo
Filecoin
 (FIL)

Filecoin is a decentralized network that enables trading of unused cloud storage space. Participants can offer storage capacity and are compensated with Filecoin (FIL) by users who need storage. The marketplace relies on the Interplanetary File System (IPFS), a peer-to-peer network for storing files, essentially acting as a “decentralized Dropbox.”

What is Filecoin?
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Purpose and goals

Stellar Logo
Stellar
 (XLM)
  • Efficient cross-border payments
  • Payment network for financial service providers
  • Integrated asset exchange
Filecoin Logo
Filecoin
 (FIL)
  • Decentralized storage network
  • Censorship-resistant cloud storage
  • Marketplace and infrastructure
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Price and market data

Chart

Stellar
 (XLM)

$0.2089

+13.6%
Filecoin
 (FIL)

$1.0152

+24.2%
1D
1W
1M
1Y
Max
Market data
StellarFilecoin
All-time high
$0.8756
Jan 02, 2018
-76.1%
$236.84
Apr 01, 2021
-99.6%
Crypto all-time highs
Market cap
$7.31B
$843.90M
Market share
0.25%
0.029%
Transaction volume (24h)
$298.36M
-22.0%
$189.70M
+13.6%
Exchange rate

1 XLM = $0.2089

1 FIL = $1.0152

XLM converterFIL converter
AI prediction 2026
$0.3012
+46.7%
$1.9155
+92.0%
XLM predictionFIL prediction
Price trend
Positive
(17/30 days)
Positive
(16/30 days)
Momentum
Neutral
NegativePositive
Neutral
Neutral
NegativePositive
Neutral
Relative Strength Index
Sell
BuySell
Sell

68.2

Sell
BuySell
Sell

68.8

News sentiment
Positive
NegativePositive
Positive (100/100)

Last 30 days

Positive
NegativePositive
Positive (100/100)

Last 12 months

XLM newsFIL news
Price performance
++1.6%
++5.5%
Price performance
++13.6%
++24.2%
Price performance
++9.9%
++38.8%
Price performance
--43.2%
--55.2%
Annual return
--4.0%
--29.2%
Annual return
--36.5%
--73.2%
Annual return
++149.9%
--18.1%
XLM returnsFIL returns
Average annual return
++1,047.2%
--11.0%
Max supply
–
–
Circulating supply
34.94B
830.85M
Inflation
9.57%
Year
20.33%
Year
Crypto inflation

On-chain data

StellarFilecoin
Total Value Locked (TVL)
$251.40M
$3.04M
What is Total Value Locked?
Market cap/TVL (ratio)
29.06
277.59
Transactions (24h)
3.55M
–
Active addresses (24h)
1.89M
–

Our rating

What we think

Stellar Logo
Stellar
 (XLM)
The open-source Stellar network shares similarities with Ripple (XRP) both in its target audience and technology: neither uses a traditional blockchain to manage their decentralized networks, and both aim to make cross-border payments more efficient. This similarity is no coincidence, as Jed McCaleb, one of Stellar’s co-founders, previously worked at Ripple (XRP). Cross-border payment flows present significant challenges for many financial institutions, often being costly and slow. Stellar addresses similar issues as Ripple but takes a more open approach by serving both businesses and individuals. The Stellar network is already used by notable payment providers such as Stripe, MoneyGram, and Circle. We find Stellar very interesting but feel the market in this segment is too uncertain to form a definitive judgment.
What is Stellar?
Filecoin Logo
Filecoin
 (FIL)
Filecoin presents an exciting use case for blockchains. Beyond finance, centralized control can be problematic in many areas. The ability to store certain files (documents, photos, videos) in a fully decentralized manner—thus protected from single points of failure, censorship, or manipulation—is highly valuable for various applications. Filecoin utilizes the IPFS protocol and provides an open marketplace to connect supply and demand. We consider Filecoin a solid, promising, and long-term project that often does not receive the attention it deserves. However, there are risks and challenges: the storage of highly illegal or morally questionable content is the dark side of a censorship-resistant network. It remains to be seen whether this will become an issue in the future and whether the demand for decentralized storage—and thus the price of cryptocurrencies like Filecoin—will continue to rise.
What is Filecoin?
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Key data

Key data
StellarFilecoin
Sector
Currency
Storage
Key feature
Payment Network
Marketplace
Founder
Jed McCaleb, Joyce Kim
Juan Benet
Developer
Stellar Development Foundation
Filecoin Foundation, Protocol Labs
Published
2014
2014
Institutional investors
  • Stripe
  • Galaxy Digital
  • ValueNet Capital
  • Astronaut Capital
  • Parallax Digital
  • Myriad Capital Management
  • etc.
  • Sequoia Capital
  • Digital Currency Group
  • Y Combinator
  • a16z Crpto
  • Galaxy Digital
  • Digital Currency Group
  • etc.
Social media
848,706 followers
648,505 followers
Website
www.stellar.org
filecoin.io
Whitepaper
Whitepaper
Whitepaper

Technical details

Technical details
StellarFilecoin
Blockchain
–
Filecoin Blockchain
Consensus mechanism
Stellar Consensus Protocol (SCP)
Storage Power Consensus, Expected Consensus
Staking
No
No
Open source
Yes
Yes
Energy consumption
Low
Low
Transactions per second
3,000 TPS
–
Stellar vs Filecoin

Stellar or Filecoin

Market data comparison of XLM versus FIL

The current price of Stellar is $0.2089 and has increased by 1.6% in the last 24 hours. Filecoin is currently trading at $1.0152, with a gain of 5.5% over the same period. Stellar has a market cap of $7.31B and ranks 20th. Filecoin follows with a market cap of $843.90M, ranking 87th — meaning it is valued lower.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Stellar or Filecoin?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Stellar and Filecoin. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Stellar or Filecoin, you can take a look at some additional market data to help with your decision:

Currently, Stellar is about -76.1% below it's all-time high of $0.8756 reached Jan 02, 2018.
In comparison, Filecoin is down approximately -99.6% from it's all-time high of $236.84 Apr 01, 2021.
Stellar currently has a 57.3% higher 24h transaction volume of $298.36M compared to Filecoin with $189.70M.
Over the past year, Stellar achieved a total return of -43.2%, while Filecoin returned -55.2%. Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Stellar and Filecoin. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Stellar or Filecoin?

Today, there are many reputable and secure exchanges that make it easy to invest in Stellar and Filecoin. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Stellar and Filecoin are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Stellar and Filecoin?

If you want to store cryptocurrencies like Stellar or Filecoin yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Stellar, Filecoin, and many other cryptocurrencies.

Crypto wallets comparison