STRAX Surges 5.2% as 50x Leverage Contracts and Masternode Staking Ignite Trading Volume

STRAX experienced a 5.20% price increase over the last 24 hours on Binance, rising from $0.04407 to $0.04636. This positive movement can be attributed to heightened trading activity following the launch of STRAX/USDT contracts with up to 50x leverage on Hotcoin, which increased liquidity and market participation. Additionally, the recent introduction of masternode staking, offering enhanced rewards for node operators, has likely contributed to renewed investor interest and reduced circulating supply, supporting upward price momentum. Currently, STRAX is trading at $0.04636 with a 24-hour trading volume of $5.89 million and a market cap of approximately $109.13 million, reflecting robust activity and attention in the mid-cap altcoin segment.