Stratis (STRAX): the crypto increase +35% in 24 hours
Important crypto news for Stratisthe highly decentralized blockchain development platform if IMMEDIATELY token has seen a price increase of +35% in the last 24 hours.
What is happening to the price of Stratis (STRAX) crypto?
As expected, Stratis is a highly decentralized blockchain development platform, which was created to enable Microsoft developers to develop blockchain solutions in a simple and intuitive language.
In addition, Stratis builds its architecture on Bitcoin, the most secure blockchain to date. Combined with Stratis’ implementation of Proof-of-Stake, the blockchain produces a low carbon footprint through energy-efficient blockchain production.
Based on the latest data, the price of Stratis (STRAX) appears to have performed well over the past few days, specifically marking a +35% in 24 hours. Specifically, the current price of STRAX is €0.5595423 per (STRAX / EUR), with a market cap of €82.59M EUR.
In addition, the trading volume in 24 hours is €354.53M EUR. However, although the crypto has performed well in recent hours, it now appears to be down -3.12%. In any case, this is not the first time that the crypto has marked a significant price increase.
In fact, as early as last June, Stratis took over +200% after the announcement of Sky Dream Mall metaverse and stablecoin. At the time, TradingView data showed that after hitting a low of $0.365 on June 15, STRAX’s price had rallied 220% to hit a daily high of $1.20 on June 29 amid a 24-hour surge in trading volume.
Sky Dream Mall: the metaverse powered by Stratis (STRAX) crypto
Sky Dream Mall is a metaverse project, announced in June, powered by the Stratis blockchain. In particular, the protocol has seen growth within its non-fungible token (NFT) and GameFi community, thanks to projects like Astroverse Club and Trivia Legends.
Sky Dream Mall, a Metaverse Powered by Stratis Blockchain Coming Soon! #metaverse #metaverseland #nftcommunity #nftartwork #vaperwave #stratis #Cryptocurrency
.@StratisphereNFT .@stratisplattform .@Stratis_Faction pic.twitter.com/TpmhGDpKvz— My XR World (@MyXRWorld) 25 June 2022
As we know, Metaverse was one of the hottest topics during the bullish 2021 market, and the concept continues to be a driving force behind mass adoption in the crypto space to this day.
Additionally, along with growth on the Metaverse front, Stratis could also get a boost from its plan to launch one Great British Pound Token (GBP) stablecoin.
The GBPT stablecoin was developed in partnership with Price Waterhouse Coopers (PwC), which is helping Stratis complete the Financial Conduct Authority (FCA) registration process.
PwC will also offer future audit services when GBPT stablecoin is finally released. The team is also working on a ticket management system that will allow NFTs to be used to validate entry and store benefits for designated events and locations.
Stratis: all the functions of the blockchain
In addition to the above, there are many other features of the Stratis (STRAX) blockchain. For example, we see that the Stratis platform offers a feature-rich toolset, which lowers the barrier to entry for new developers to learn blockchain concepts with code examples and reference implementations.
Not only that, the ecosystem does not focus exclusively on developers: STRAX token holders can benefit from the Stratis ecosystem by staking and implementing Master node.
In addition, smart contracts in C avoid the “bloat” that occurs when you run a significant number of them on a single blockchain. The main blockchain is also protected from the impact of any negative effects caused by a smart contract.
Moreover, more than 10 million dollars has been dedicated to a decentralized accelerator, which makes it possible to launch projects with blockchain-based financing. SDA is managed in a fully decentralized manner through on-chain governance.
Finally, the STRAX token powers Stratis Blockchain Technologies and can be used as a means of value transfer and leveraged for smart contract execution. The STRAX token is available on popular exchanges, such as Binance, Crypto.com and Upbit.
