STRAX rises over 50% in 7 days, behind the accelerated implementation of the Xertra ecosystem

STRAX (Xertra) has recently performed remarkably well. As of January 8, it increased by 31.34% within 24 hours, with a price of $0.03 and a market capitalization of $61.11 million. More notably, the past 7 days have seen a gain of over 50%, with a 24-hour trading volume of $580 million, up over 1400% from the previous day. Behind this surge, it reflects both changing market sentiment and progress in project ecosystem development.

Price Performance and Market Enthusiasm

STRAX’s recent multi-phase rally has been quite impressive. From a time perspective, there was a slight correction in 1 hour, but the gains over 24 hours, 7 days, and 30 days reached 31.34%, 50.65%, and 25.93% respectively, showing an overall accelerating upward trend.

Time Period Change
1 hour -0.23%
24 hours +31.34%
7 days +50.65%
30 days +25.93%

The surge in trading volume further indicates market activity. The 24-hour trading volume hit $580 million, a growth of over 1400% compared to the previous day, meaning a large influx of capital and a significant increase in market attention toward STRAX. In market ranking, STRAX is currently placed at 390th. While not a top-tier project yet, it maintains a stable position among mid-sized cryptocurrencies.

Project Ecosystem Is Improving

Xertra is an innovative Web3 platform aimed at providing blockchain infrastructure and tools for developers, enterprises, and communities. The completeness of this ecosystem is noteworthy.

Core applications of the project include:

  • StraxSwap: Decentralized Exchange
  • ChainPort: Cross-chain bridging solution
  • Verium: Layer 2 scaling solution
  • Solplex: Play-to-Earn gaming

This ecosystem layout covers multiple directions such as trading, cross-chain, scaling, and gaming, making it relatively comprehensive. More importantly, Xertra launched its mainnet staking protocol on May 26, 2025, enabling liquidity staking for STRAX holders. This means users can stake STRAX to participate in network security and earn rewards, while also gaining liquidity.

Why Is It Rising Now

From a fundamental perspective, several factors may be driving STRAX’s recent surge:

  • The staking protocol has been operational for over half a year, possibly accumulating a user base and ecosystem activity
  • DeFi and gaming sectors are regaining market attention, and Xertra has deployments in both areas
  • The significant increase in trading volume indicates new capital entering, possibly related to certain market events or project developments
  • The project has been online for nearly 10 years (launched in August 2016), with solid historical foundation and ecosystem base

However, it should be noted that short-term gains are often influenced by multiple factors, including overall market sentiment and capital flows. Rapid increases also carry the risk of quick corrections.

Areas Worth Continuing Attention

In my opinion, whether STRAX can sustain this upward momentum depends on several aspects:

  • Actual usage and user growth within the ecosystem
  • Operational data and participation in the staking protocol
  • Competitiveness of DeFi applications in the market
  • Stability and efficiency of infrastructure like cross-chain bridges

Summary

STRAX’s 31.34% daily increase and over 50% weekly rise have indeed caught market attention. From the project perspective, Xertra, as a Web3 infrastructure platform, has a relatively complete ecosystem with active applications, and its staking protocol is officially operational. However, short-term price surges do not equate to long-term value. Investors should focus more on the actual development of the ecosystem, user growth, and market competitiveness rather than just chasing price increases. Market enthusiasm is often short-lived, while ecosystem development is the long-term foundation.

STRAX-4,75%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)