What Is Stratis (STRAX)?
Stratis is a blockchain-as-a-service platform that offers several products and services for enterprises, including launching private sidechains, running full nodes, developing and deploying smart contracts, an initial coin offering platform, and a proof-of-identity application. The company also provides cryptocurrency wallets and blockchain consulting services.
Stratis operates its own blockchain powered by a native token, STRAX, used to purchase and operate services such as executing smart contracts, paying for sidechains, and staking as collateral to operate a Masternode – a node on the network that provides a specific needed service.
The platform was first announced in June 2016, and it launched in August 2016. In November 2020, Stratis deployed a new blockchain that uses STRAX instead of its previous STRAT token.
Who Are the Founders of Stratis?
Stratis Group Ltd., the company behind the Stratis platform, was founded in 2016 by Chris Trew. He started the company with the purpose of developing an enterprise-focused blockchain platform, which he felt was missing from the industry at the time. He decided to base the platform on the Bitcoin (BTC) protocol, believing that Bitcoin would become dominant in the crypto space – meaning that its codebase would be consistently improved over time.
Before starting Stratis, Trew’s background was in enterprise information technology. He taught himself the programming language C# and spent 10 years serving in various IT roles in the legal, aviation and public sectors as well as with financial institutions such as Barclays. He also operated an internet marketing and search engine optimization business.
Within the crypto and blockchain industry, Trew was a volunteer developer for the cryptocurrency project Blitz and social networking platform The Viral Exchange.
Stratis Price Prediction
If you’re looking for Stratis price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Stratis (STRAX) will go in the future? We will analyze the past prices of Stratis (STRAX) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|USD Price||$ 1.01|
|24h Volume||$ 10,141,960|
Stratis (STRAX) Price Prediction
At reconshell.com we predict future Stratis price predictions/STRAX forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Stratis. We do our best to collect maximum historical data for the STRAX coin which include multiple parameters like past price, Stratis marketcap, Stratis volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Stratis Price Prediction 2022
According to our deep technical analysis on past price data of STRAX, In 2022 the price of Stratis is predicted to reach at a minimum level of $1.28. The STRAX price can reach a maximum level of $1.50 with the average trading price of $1.32.
Stratis Price Prediction 2023
The price of Stratis is predicted to reach at a minimum level of $1.89 in 2023. The Stratis price can reach a maximum level of $2.23 with the average price of $1.95 throughout 2023.
STRAX Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Stratis is predicted to reach at a minimum level of $2.80. The STRAX price can reach a maximum level of $3.23 with the average trading price of $2.89.
The price of 1 Stratis is expected to reach at a minimum level of $4.19 in 2025. The STRAX price can reach a maximum level of $4.90 with the average price of $4.33 throughout 2025.
Stratis Price Prediction 2026
Stratis price is forecast to reach a lowest possible level of $6.14 in 2026. As per our findings, the STRAX price could reach a maximum possible level of $7.25 with the average forecast price of $6.35.
Stratis Price Prediction 2027
According to our deep technical analysis on past price data of STRAX, In 2027 the price of Stratis is forecasted to be at around a minimum value of $8.80. The Stratis price value can reach a maximum of $10.53 with the average trading value of $9.05 in USD.
Stratis (STRAX) Price Prediction 2028
The price of Stratis is predicted to reach at a minimum value of $13.09 in 2028. The Stratis price could reach a maximum value of $15.17 with the average trading price of $13.54 throughout 2028.
Stratis Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Stratis is expected to reach at a minimum price value of $19.33. The STRAX price can reach a maximum price value of $22.39 with the average value of $19.87.
Stratis (STRAX) Price Prediction 2030
The price of Stratis is predicted to reach at a minimum value of $29.02 in 2030. The Stratis price could reach a maximum value of $34.32 with the average trading price of $30.02 throughout 2030.
Stratis Price Prediction 2031
Stratis price is forecast to reach a lowest possible level of $41.99 in 2031. As per our findings, the STRAX price could reach a maximum possible level of $51.31 with the average forecast price of $43.19.
What Makes Stratis Unique?
According to its whitepaper, the Stratis BaaS platform is designed for financial service providers and other enterprises to test, develop and deploy blockchain-based applications in a way that avoids the overhead and security concerns of operating their own networks. To do so, Stratis offers businesses the opportunity to run permissioned, private sidechains that interact with its primary chain, as well as to host decentralized applications, launch smart contracts and utilize various privacy and identity verification tools. Its whitepaper argues that this approach gives enterprises the freedom to completely customize their platforms without the limitations of relying on a major blockchain, such as Bitcoin or Ethereum (ETH).
Stratis has announced business partnerships with companies such as software giant Microsoft, technology markets intelligence firm International Data Corporation, and pharmaceutical blockchain development company MediConnect, among others. In addition, it has sponsored professional athletes as a way to raise awareness of the platform.
With the launch of its new STRAX-based blockchain in November 2020, Stratis unveiled an updated development roadmap for the end of 2020 and the first half of 2021. It includes interoperability with Ethereum, an Internet of Things software development kit, a decentralized finance software library, the launch of a decentralized autonomous organization, and more.
How Many Stratis (STRAX) Coins Are There in Circulation?
Stratis launched its first STRAT token with a total supply of 98 million, with 84 million STRAT (85.7%) sold during an initial coin offering that ended in July 2016 and raised 915 BTC – worth nearly $600,000 at the time. Of the remaining supply, 8 million STRAT (8.2%) was reserved for the Stratis team, 2 million STRAT (2%) for advisors and partners, and 4 million STRAT (4.1%) for bounties and campaigns.
In October 2020, Stratis initiated a token swap process for STRAT holders to exchange their tokens for STRAX at a one-to-one ratio. As a part of the transition, 25 million STRAX was newly minted, of which 8.125 million STRAX was reserved for the Stratis Foundation, 6.375 million STRAX for network incentivization, 5.5 million STRAX for enterprise incentivization, and 5 million for the Stratis DAO. The tokens will be issued over the course of five years.
New STRAX is introduced through a proof-of-stake mining process, and each block produces a block reward of 18 STRAX, putting its annual inflation rate at around 10%. Half of the block reward is awarded to the block producer, while the other half is sent to its Cirrus sidechain and distributed to block-producing masternodes.
How Is the Stratis Network Secured?
The Stratis network is secured through its PoS consensus protocol in which nodes must stake STRAX to participate in the block validation process, and the more STRAX staked, the greater the chance of being able to create a block. According to Stratis, this makes the network more secure because the more STRAX a user stakes, the less likely they are to want to manipulate the network, as they risk losing their stake or causing the value of their stake to plummet. A majority of nodes must agree that a transaction is accurate for it to be added to the blockchain.
With the launch of its STRAX-based blockchain in November 2020, Stratis announced new security-enhancing features, including the ability to “cold-stake” – stake STRAX through an offline, cold wallet – which it argued will increase network security by enabling more users to participate in the consensus process. It also reported that it would activate Segregated Witness, or SegWit, which will increase transaction security because transaction IDs are no longer malleable.
While Stratis is a private company, its blockchain‘s codebase is open source, meaning that it is available for community audit.
Where Can You Buy Stratis (STRAX)?
STRAX can be purchased on exchanges such as Binance, Upbit and Bithumb. It can be traded on spot markets against fiat currencies such as the U.S. dollar and the euro, cryptocurrencies such as Bitcoin and Ether, and stablecoins such as Tether (USDT) and Binance USD (BUSD).