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Market

Market stats

Market cap

$163.0M

Volume (24h)

$36.4M

Circulating supply

155.7M STRAX

All time high

$22.66

Price change (1h)

+0.45%

Price change (24h)

+6.64%

Price change (7d)

+11.05%

About Stratis

Stratis is a cryptocurrency that powers the Stratis blockchain-as-a-service (BAAS) platform. Stratis aims to help businesses develop, test, and deploy new blockchain apps.

What Is Stratis (STRAX)?

Stratis is a blockchain development platform designed to enable Microsoft developers to develop blockchain solutions for different enterprises. Stratis is decentralized, secured, and energy-efficient that deploys blockchain projects for businesses and organizations. The Stratis infrastructure is based on the Bitcoin blockchain. The blockchain infrastructure of Bitcoin is combined with Stratis’ implementation of proof-of-stake. This combination produces a low carbon footprint because of its energy-efficient block production. Stratis aims to train the upcoming generation of blockchain developers worldwide to prepare them for in-demand blockchain projects in different industries.  

According to its whitepaper, Stratis blockchain-as-a-service (BaaS) is one of the significant features of Stratis. The BaaS offers customizable distributed ledgers as per the requirement of organizations using cloud computing with blockchain technology. BaaS allows developers to evaluate and deploy their blockchain-based applications in the cloud without maintaining the network. 

One-click deployment is another feature of Stratis that seamlessly deploys private blockchains for organizations using the cloud service. A one-click process can launch blockchains with improved speed and customized needs of the organizations.  

The Stratis ecosystem provides a toolset with various features for new developers. It reduces the entry barrier, and they can learn blockchain concepts with code examples and reference implementations. The ecosystem also offers advantages to the native token holders, and they can do staking and masternode deployment. Masternode is a part of blockchain infrastructure that sustains cryptocurrencies.

Stratis masternodes execute smart contracts and manage operational requests between Stratis and other platforms. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Masternode receives a 50 percent share of the rewards, providing a significant incentive. The platform focuses on sharing knowledge on blockchain and nurturing a global developer community by offering educational courses. The platform offers Stratis Decentralized Accelerator (SDA). SDA enables projects to launch with funding for their blockchain-based projects.  

The STRAX token is the native token of Stratis, which fuels the Stratis blockchain technologies. The token owners can use the coin as a value transfer vehicle and leverage it for smart contract execution. 

Note: the whitepaper is too technical and has information about the platform and its technologies only. 

The whitepaper doesn’t have any information about the token and the official website has just 2 lines about it. As discussed with my QC and Pooja, both of them have approved of writing about the platform.

Related Assets

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Stratis is on the rise this week.

The price of Stratis has risen by 11.05% in the past 7 days. The price increased by 6.64% in the last 24 hours. In just the past hour, the price grew by 0.45%. The current price is $1.05 per STRAX. Stratis is 95.38% below the all time high of $22.66.

The current circulating supply is 155,739,185.406 STRAX.

FAQ

What is the current price of Stratis?

We update our Stratis to USD currency in real-time. Get the live price of Stratis on Coinbase.

What is the market cap of Stratis?

The current market cap of Stratis is $163.04M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Stratis?

The all-time high of Stratis is $22.66. This all-time high is highest price paid for Stratis since it was launched.

What is the 24 hour trading volume of Stratis?

Over the last 24 hours, the trading volume of Stratis is $36.43M.

What other assets are similar to Stratis?

Assets that have a similar market cap to Stratis include Symbol, Kadena, OriginTrail, and many others. To see a full list, see our comparable market cap assets.

How many Stratis are there?

The current circulating supply of Stratis is 156 million.

Can I buy Stratis on Coinbase?

Yes, Stratis is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Stratis guide.

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