Xertra

STRAX Price

About Stratis (STRAX)

Stratis is an enterprise-grade blockchain development platform designed to simplify the creation and deployment of decentralized applications for businesses and developers.

• The platform provides a suite of tools including an Ethereum Virtual Machine (EVM) compatible execution layer and a Layer 2 scaling solution.
• It utilizes a native blockchain powered by the STRAX token to facilitate secure and scalable Web3 interactions.
• The ecosystem supports a diverse range of use cases from decentralized finance and gaming to supply chain management and identity verification.

What Is Stratis

Stratis is a comprehensive blockchain ecosystem built to lower the barrier to entry for Web3 innovation. Originally established in 2016, the project has evolved into a multi-layered architecture that combines the security of a dedicated Layer 1 blockchain with the flexibility of EVM compatibility. This dual approach allows developers to leverage familiar Ethereum-based tools while benefiting from the specialized infrastructure provided by the Stratis network.

Value moves through the system via the STRAX token, which serves as the primary medium for transaction settlement and network operations. The token is put to work through Proof of Stake mechanisms, where participants secure the network in exchange for rewards. As the ecosystem grows, the platform scales by utilizing specialized scaling solutions that process transactions off-chain, ensuring that increased activity does not lead to network congestion or prohibitive fees.

What Makes Stratis Unique

• StratisEVM Compatibility: The platform offers full compatibility with the Ethereum Virtual Machine, enabling developers to migrate or build Solidity-based applications without specialized training.
• Verium Scaling: Stratis employs Verium, a Layer 2 scaling solution that utilizes zero-knowledge proofs—a cryptographic method that allows one party to prove a statement is true without revealing the underlying data—to achieve high throughput.
• Enterprise Focus: Unlike many public blockchains, Stratis was specifically designed for financial services and other organizations, offering private chain deployments and Microsoft-partnered integrations.
• Native Gaming Support: The ecosystem includes dedicated infrastructure for GameFi, such as the Solplex real-time strategy game and NFT-based digital ownership tools.

What Can You Use Stratis for?

• Staking and Security: STRAX holders can participate in the network's Proof of Stake consensus to earn rewards while contributing to global network security.
• Decentralized Finance (DeFi): Users can access the StraxSwap decentralized exchange for token trading and liquidity provision within the Stratis ecosystem.
• Web3 Gaming: The token is used as a medium of exchange and reward mechanism in native games like Solplex and for acquiring digital collectibles.
• Enterprise Solutions: Businesses can utilize the platform for supply chain tracking, secure data storage, and automated process management via smart contracts.
• Governance: Token holders have the right to propose and vote on protocol upgrades and the future direction of the ecosystem.

How Does Stratis Work?

Stratis operates through a multi-layered technical stack anchored by its Layer 1 blockchain. The core network uses a Proof of Stake consensus mechanism to validate transactions and maintain a secure, decentralized ledger. This Layer 1 provides the base security layer for all secondary protocols in the ecosystem.

To handle high transaction volumes, Stratis integrates StratisEVM, an execution environment that processes smart contracts using the same standards as the Ethereum network. For further efficiency, the Verium Layer 2 solution bundles multiple transactions off-chain and submits a single validity proof to the main blockchain. Users pay gas fees in STRAX for all network interactions, which are used to compensate validators and prevent network spam.

Team Info and Investors

Stratis was founded in 2016 by Chris Trew, a CEO with over a decade of experience in enterprise IT. The project is managed by a decentralized team based in the United Kingdom with members worldwide. Stratis is a certified Microsoft Partner, reflecting its focus on enterprise-grade software development using technologies like C# and .NET. The project initially raised 915 Bitcoin during its initial coin offering in June 2016 and has since established strategic partnerships with platforms like Binance Pay and Travala to expand its real-world utility.

Where can you buy Xertra?

STRAX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Xertra is Binance, where the most active trading pair STRAX/USDT has a trading volume of $6,286,257.34 in the last 24 hours. Other popular options include Upbit and Pionex.

What is the daily trading volume of Xertra (STRAX)?

The trading volume of Xertra (STRAX) is $44,636,142.35 in the last 24 hours, representing a 2,270.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Xertra (STRAX)?

Xertra (STRAX) reached an all-time high of $22.77 and an all-time low of $0.007935. It’s now trading -99.90% below that peak and 47.90% above its lowest price.

What is the market cap of Xertra (STRAX)?

Market capitalization of Xertra (STRAX) is $25,492,423 and is ranked #705 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of STRAX tokens (2.2 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Xertra (STRAX)?

The fully diluted valuation (FDV) of Xertra (STRAX) is $25,492,423. This is a statistical representation of the maximum market cap, assuming total number of 2.2 Billion ETH tokens are in circulation today.

How does the price performance of Xertra compare against its peers?

With a price increase of 26.10% in the last 7 days, Xertra (STRAX) is outperforming the global cryptocurrency market which is down -1.50%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.30%.