Stratis (STRAX) Cryptocurrency Skyrockets with StratisEVM Announcement

In a remarkable turn of events, Stratis (STRAX) has become the talk of the crypto town due to its extraordinary price surge. On October 7, 2023, the cryptocurrency's price shot up by a jaw-dropping 61.3% in just 24 hours, making it the most profitable cryptocurrency within the top 500 by market capitalization. Stratis also witnessed an astonishing 111-fold increase in trading volumes, reaching an impressive $365.72 million in daily trading. This remarkable performance has propelled STRAX to the 10th position among all digital currencies globally.

As of 4:00 PM, the virtual coin's price reached $0.738, allowing Stratis (STRAX) to secure the 183rd spot in the list of top cryptocurrencies with a market capitalization of $113.65 million.

Market analysts attribute the rapid price surge of Stratis to recent announcements from the platform's developers. Just yesterday, they unveiled their plans for launching StratisEVM, a significant milestone for Stratis. According to the creators, this integration with Ethereum will provide users with new tools and "compatible functionality."

The developers also announced that "the Stratis platform has been focused on various solutions, including identity, supply chain, NFT marketplace, ICO/STO management, and much more. The ultimate goal is to be recognized as one of the leading players in the blockchain world."

StratisEVM will be ready to collaborate with the Web3 sector, with the STRAT token serving as the network's primary asset. The primary focus is on refining and adapting the new blockchain to be ready for widespread adoption while ensuring high throughput with minimal transaction costs. This will make Stratis an attractive choice for new developers and offer an ideal environment for deploying games and solutions in the decentralized finance (DeFi) sector.