Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin ann...

Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin ann...

STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse. Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed in the next market cycle.One project that has seen a noticeable boost in volume, despite the wider-market downtrend is Stratis (STRAX), a blockchain development platform designed to help enterprise businesses establish their own blockchain in a....


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Stratis (STRAX) Soars 200% From June Low On Sky Dream Mall Launch

After the news of the launch of the Sky Dream Mall metaverse and Stratis GBP stablecoin, the price of STRAX increased by 200% from its low of $0.365 on June 15 to its high of $1.20 on June 29, according to data from coinmarketcap. The price dropped the next day and is currently trading at $1.09, although it is still up from its low. The record high for STRAX was $22.77 on January 8, 2018, more than four years ago. However, the coin’s record low was $0.011 on August 12, 2016, approximately six years ago. Related Reading | Bitcoin Slides Under $20K – Another Collapse In The....

Stratis Completes Token Swap, Guns for Enterprise Blockchain Crown

Blockchain technology company Stratis has concluded its latest major update, with STRAX tokens replacing their STRAT predecessors. The swap follows a vote that saw over 97.5% of token-holders green-light the proposal, setting the stage for a revised tokenomic structure, new incentive mechanisms and improved block times. In total, over 93 million STRAT tokens have been converted 1:1 to STRAX, representing 93% of the circulating supply. The remainder were burned, effectively removing over 6.6 million tokens from existence. With the deployment of a brand-new blockchain and native token – not....

UK Blockchain Company Hits £100,000 Investment via Bitcoin

With the UK still recovering from Brexit, Stratis, a London-based blockchain solutions company with the goal of building a Blockchain Development Platform for developing blockchain apps has raised over £100,000 worth of BTC from its ICO. Kicking off its ICO in June, Stratis offers their blockchain token which is used to run the Stratis blockchain and sidechain features to any participants of the ICO. Stratis has 84,000,000 Stratis tokens for sale to investors. Once developed, Stratis will allow anyone to create and manage blockchains within minutes with the ability to customise their own....

First Metaverse Shopping Mall Set To Rise In Mexico

Mexico remains second to none regarding crypto-friendly regimes testing, interacting and building innovative development within the metaverse and web 3 boundaries. Indeed, the North-American based country has turned into a crypto-centric regime with the national adoption of digital assets due to rising inflation issues in the state.  Mexico introduces its first shopping mall type in […]

Stratis Turns More Advanced and DeFi Friendly With the STRAX Blockchain Launch

The blockchain technology has come a long way in over a decade since the first cryptocurrency was introduced. It has been constantly changing the landscape of financial systems and also gaining widespread adoption across different industry sectors. The public blockchains have been instrumental in helping businesses overcome various challenges by ensuring transparency, data integrity and […]