Stratis’ native token, STRAX, has been demonstrating a significant performance in the cryptocurrency market, with a growth trajectory that surpasses , , and . Data from CoinMarketCap highlights the impressive gains of STRAX, with a 24-hour increase over 24% and a seven-day surge of 75%. The trading volume also experienced a substantial boost, spiking nearly 150% to more than $139 million.
On an annual basis, STRAX’s growth trajectory has soared by 102.26%, and its performance over the past 30 days indicates an increase of over 122.60%. This robust performance stands in stark contrast to other major cryptocurrencies. Bitcoin’s annual growth is around 60%, while Ethereum’s is only 13.63%. In the meantime, Binance Coin has seen a decline of more than 26% to $226.88 from $326 last year.
STRAX’s price has made a significant leap from $0.4728 to $1.08, reflecting its sustained bullish trend throughout the year. The success of STRAX is largely attributed to the Stratis’ Blockchain as a Service (BaaS) platform. This platform facilitates the development and deployment of blockchain applications, contributing to the strong performance of STRAX in the crypto market.
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