STRAX Token Surges 24.81% After StratisEVM Mainnet Launch and Masternode Staking Activation

STRAXUSDT has experienced a significant price increase of 24.81% over the last 24 hours, with the current price at $0.06655 on Binance, up from a 24h open of $0.05332. This sharp upward movement is primarily attributed to heightened market interest following the StratisEVM mainnet launch and the activation of the Masternode Staking Protocol, which introduced liquid staking for STRAX holders. Additional factors contributing to the price surge include Hotcoin's introduction of 50x leverage for STRAXUSDT futures trading and notable whale activity, which has led to large withdrawals and reduced exchange liquidity.

The 24-hour trading volume has surged to approximately $26.68 million, reflecting increased market participation and volatility. STRAX has traded between $0.048033 and $0.05458 in the last day, with a circulating supply of around 2 billion tokens and a market capitalization near $110 million. The asset is available on major exchanges, including Binance, Bithumb, and Upbit. Traders are advised to monitor trading volume and liquidity closely, as these factors are currently driving short-term price dynamics.