STRAX is the native token used by Stratis during the STRAX blockchain phase, for platform services and network activity in that phase; it is not company equity and does not represent ownership of company revenue. When understanding STRAX, it is also important to note the asset's historical phase, because Stratis later separately announced a swap arrangement for STRAT II.

Stratis Price in USD Today, Live Market & Historical Trend Chart

Q: What is STRAX used for?

During the STRAX chain phase, STRAX could be used to purchase or operate certain Stratis services and to obtain sidechain tokens for executing smart contracts. Smart contracts are applications that execute conditions on-chain according to predefined programs; therefore, whether the token can be used for a particular operation depends on whether that service or sidechain accepts STRAX, rather than on merely holding the token.

Q: How is STRAX related to masternodes?

The early STRAX design allowed users to operate masternodes with STRAX as collateral. Masternodes are a class of nodes that provide services to the network and participate in block production: operators first had to meet the collateral requirement, then continuously maintain the hardware and node service. These conditions form part of the participation mechanism and do not constitute a fixed-return or risk-free promise. This description applies to the early STRAX chain phase and should not be directly applied to later assets or clients.

Q: How was STRAX issued at that time?

The supply design during the STRAX chain phase was based on the original STRAT supply, with an additional 25 million STRAX reserved for the foundation for planned use over five years. This reserve was an allocation for the foundation to use according to plan, rather than rewards automatically created by the network in each block; it describes the allocation and use arrangements in the token design at that time.

Q: What is the relationship between STRAX and STRAT II?

Terms announced by Stratis in 2024 arranged for STRAX to be swapped for STRAT II at 1 STRAX to 10 STRAT II, with the swap period listed in the terms ending on December 29, 2024. This ratio describes the quantity relationship between the old and new assets in the specified swap arrangement; it does not mean they can be automatically exchanged across all wallets, networks, or services. Before handling historical assets, confirm the asset version and type currently supported by the wallet, network, and service provider.

Q: How is StratisEVM related to network validation?

The open-source StratisEVM project provides code and documentation for running Stratis nodes and optional validator clients. Validators are nodes that participate in proof-of-stake network consensus; operators need to deploy, maintain, and meet the applicable participation conditions under that network's rules. This belongs to a different phase or implementation context from the early STRAX masternode description, so identical collateral, reward, or risk conditions should not be inferred.

Rank 708

$0.009567

+$0.000185(+1.98%)

Market Cap

$21.19M

24h High

$0.009771

24h Low

$0.009338

24h Turnover

$31.33K

Total Supply

2.15B

Market Sentiment

Neutral

Price of Stratis (STRAX) Today in USD

View Stratis (STRAX) Price Prediction

The live price of Stratis (STRAX) today is $0.009567, with a 24h change of +1.98%. Over the same period, the low was $0.009338, the high was $0.009771, and the 24h trading volume was $31.33K. The current market cap is approximately $21.19M. It ranks #708 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $22.770000 (⁦2018-01-07⁩); the current price is -99.96% from the all-time high.

Stratis (STRAX) Price History

7 Days
-9.61%
Low
$0.009309
High
$0.010570
30 Days
-9.04%
Low
$0.009309
High
$0.013200
90 Days
+10.23%
Low
$0.008130
High
$0.013227
1 Year
-66.16%
Low
$0.007918
High
$0.035970

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 25; Fear
Last Week: 34; Fear
Last Month: 59; Normal

The Fear & Greed Index is currently 28/100, in the Fear zone; change from yesterday: +3, from last week: -6, and from last month: -31. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Stratis (STRAX) Rise in the Last 24 Hours?

The order-book snapshot showed a ratio of 5.87 between buy and sell quantities across the top five levels, with buy orders substantially outweighing sell orders. However, the largest orders do not reconcile with the reported top-five totals, and trading-volume data was unavailable, so this imbalance does not establish actual buying or institutional intent. In a low-liquidity market, concentrated orders can amplify short-term fluctuations. Technical readings at 21:00 on 2026-11-07 showed bearish moving averages on the 1-hour and 4-hour timeframes, neutral RSI, and no MACD crossovers across the reported timeframes. Daily ADX was 50.71, indicating trend strength without clarifying its direction; the indicators did not collectively confirm the rise.

About Stratis (STRAX)

Strax is the new currency after strat is replaced by 1:1. Stratis is a new platform for providing blockchain as a service (baas) solutions. Stratis allows anyone to create and manage blockchains in a few minutes, and customize users' own side chains. Small companies can experiment with blockchains, not just large companies such as JPMorgan Chase and Deutsche Bank.

Use Cases and Features

STRAX is the native token used by Stratis during the STRAX chain phase. It could be used to pay for platform services, as collateral for operating a masternode, and to obtain sidechain tokens for executing smart contracts. Stratis’s open-source StratisEVM project also provides implementations related to node and validator clients; participating in validation requires operating the relevant infrastructure independently and assuming network and asset risks.

Supply and Issuance Mechanism

The design for the STRAX chain phase was based on the original STRAT supply, with an additional 25 million STRAX created for the foundation; these tokens were planned to be used gradually over five years to support platform development. Stratis subsequently introduced an arrangement to swap STRAX for STRAT II. Its official terms stated a rate of 1 STRAX for 10 STRAT II, with the listed swap period ending on December 29, 2024.

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Stratis (STRAX) Basics & Market Insights

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Frequently Asked Questions About Stratis (STRAX)

What is STRAX?

What is STRAX used for?

How is STRAX related to masternodes?

How was STRAX issued at that time?

What is the relationship between STRAX and STRAT II?

How is StratisEVM related to network validation?

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