$STRAX
is the native utility token of the Stratis blockchain — a modular, enterprise-focused blockchain platform designed for smart contracts, sidechains, staking, and decentralized applications. The project aims to help developers and businesses deploy scalable blockchain solutions without complex infrastructure overhead.
Stratis originally replaced an older token (STRAT) with STRAX and has since evolved with PoS consensus, masternode staking, and EVM compatibility via StratisEVM, intended to support Ethereum-style dApps.
📈 Price & Market Snapshot
Here’s where STRAX stands recently (early 2026):
Price: Around ~$0.02–$0.03 USD per STRAX.
All-Time High: ~$0.16 (2024).
Circulating Supply: ~2 billion STRAX.
Market Cap: Tens of millions of USD reflecting a lower-profile market position.
STRAX is trading well below past peaks — similar to many infrastructure tokens in slower markets.
CoinGecko
🛠️ What STRAX Is Used For
STRAX has several core utilities within the Stratis ecosystem:
🔐 Staking & Network Security
Token holders can stake STRAX or run masternodes to support network consensus and earn rewards — reinforcing security and encouraging long-term participation.
🏛️ Governance Participation
Holders participate in decentralized governance, voting on upgrades and protocol parameters that shape the platform’s evolution.
🧠 Summary
STRAX (Stratis) is the utility token of a modular, enterprise-oriented blockchain designed for smart contracts, sidechains, and PoS network security. It’s used for staking, governance, fees, and ecosystem access, with evolving EVM-compatibility and enterprise tooling behind it. While STRAX is priced well below historical highs and faces competitive headwinds, its real-world utility and staking incentives give it a structural narrative beyond speculative trading.
