Stratis’ STRAX token has recently emerged as a standout performer in the cryptocurrency market, surpassing the growth rates of Bitcoin, Ethereum, and Binance Coin. According to data from CoinMarketCap, STRAX has exhibited remarkable gains, boasting a 24-hour increase of over 24% and a seven-day surge of 75%. Additionally, the trading volume has seen a substantial boost, surging by almost 150% to exceed $139 million.
Over the past year, STRAX has witnessed impressive growth, surging by 102.26%, while its performance in the last 30 days shows a remarkable increase of over 122.60%. This robust performance stands in stark contrast to other leading cryptocurrencies. Bitcoin’s annual growth hovers around 60%, with Ethereum trailing at only 13.63%. Meanwhile, Binance Coin has experienced a decline of over 26%, dropping from $326 last year to $226.88.
STRAX’s price has made a significant leap, climbing from $0.4728 to $1.08, indicative of its sustained bullish trend throughout the year. The remarkable success of STRAX can be primarily attributed to Stratis’ Blockchain as a Service (BaaS) platform. This platform has played a pivotal role in enabling the development and deployment of blockchain applications, contributing significantly to the stellar performance of STRAX in the cryptocurrency market.
