Founders Perry Farrell, Eric Avery, Stephen Perkins and Dave Navarro attended the unveiling ceremony at 6436 Hollywood Boulevard in front of Playmates of Hollywood Wednesday.
Drummers from the Doors and the Foo Fighters, John Densmore and Taylor Hawkins, respectively, were also in attendance.
The Jane's Addiction star was the 2,509th star on the Hollywood Walk of Fame.
The band was formed in Los Angeles in 1985. Farrell, its founder and singer, found Avery, the bassist, who then brought on Perkins, the drummer. Navarro was chosen after after many guitarists auditioned.
Jane's Addiction became a sensation on the Los Angeles club scene and a staple on the Sunset Strip. It was one of the first bands to emerge from the early 1990s alternative rock movement to gain mainstream media attention and commercial success in the United States.
Jane's Addiction broke up in 1991 and reunited briefly in 1997 with Flea from Red Hot Chili Peppers filling in on bass.
The band reunited again in 2001, first touring with Martyn LeNoble on bass. Following the tour, the group recorded the album "Strays" with Chris Chaney on bass.
The band continues to tour, including performing last week at San Manuel Casino in Highland.
Some of Jane's Addiction most popular songs include "Ocean Size," "Stop!," "Had A Dad," "Been Caught Stealing," "Three Days," "Classic Girl," "Ripple," "Jane Says" and "Superhero."
The band is named in honor of Farrell's housemate, Jane Bainter, its muse and inspiration.
City News Service contributed to this report.