About StorX Network
StorX helps you securely encrypt, fragment and then distribute important data across multiple hosting nodes spread worldwide. StorX provides a democratic marketplace for hosting data, replacing the centralized intermediaries with a decentralized blockchain network. Exercise complete control and grant access over your data sets without any centralized intermediary.
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Trading Insights
Searched
2
Market Stats
Market Cap
₹1.85B
-1.29%
FDV
₹6.94B
Circ. Supply
400M SRX
Max Supply
1.5B SRX
Total Supply
576M SRX
Diluted Valuation
₹2.79B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹211.55M
5.49%
Volume (7D)
₹1.53B
Volume (30D)
₹6.14B
All time high
₹362.23
Price Change (1Y)
7.65%
Additional details
Recent trends
The latest SRX price is ₹4.63. Compared to StorX Network's value of ₹4.67 from 24 hours ago, there's been a -1% decrease, while the current price is -2% down from ₹4.67 which was recorded one week ago. StorX Network's all time high is ₹362.23, which was reached on September 21, 2021. This is a -99% change from its price today.
The current circulating supply of StorX Network is 400,000,000. This is 27% of its max supply of 1,500,000,000 SRX and 69% of its total supply of 575,617,799. The market cap is currently ₹1.85B, which is a result of multiplying the current price of StorX Network(₹4.63) by the total supply(575,617,799 SRX). The fully diluted valuation of StorX Network is ₹6.94B. The diluted valuation of StorX Network is ₹6.94B.
Market details
SRX vs markets
↘ 23.14%
SRX vs BTC
↘ 33.36%
SRX vs ETH
↗ 49.95%
Tags
distributed-computing
storage
depin
Network & Addresses
Network | Address | |
|---|---|---|
XDC Network | xdc5d5f074837f5d4618b3916ba74de1bf9662a3fed |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹4.63 | ↘ 1.34% |
1 Day | ₹4.67 | ↘ 1.34% |
1 Week | ₹4.67 | ↘ 2.28% |
1 Month | ₹5.15 | ↘ 11.39% |
1 Year | ₹4.15 | ↗ 7.65% |
FAQ
SRX is a vital XRC-20 utility token that makes StorX a powerful data storage Marketplace. StorX aims to help individuals safely encrypt, fragment, and later distribute necessary data across numerous hosting nodes dispersed worldwide. The token offers a democratic marketplace for substituting the centralized mediators with a decentralized blockchain network and hosting data. Users get complete control and access over the data sets without requiring any centralized arbitrator.
StorX's vast ecosystem integrates technology and business abilities through strong market authorities and innovators. The token's activity is 100 percent open source without any core or proprietary elongations. StorX can provide new, enhanced features due to the continuous support obtained from the community because StorX's community members authorize the platform.
According to its whitepaper, StorX aims to become an industry-leading and decentralized cloud storage platform. The token's technology combines the comfort and ease-of-usage of business-grade storage resolutions such as Google Drive with loyal open-source technology.
The token seeks to democratize the need for cloud service providers and offers an option for individuals to look at renting storage from different farmers rather than a centralized service provider. Both renters and hosts utilize SRX, a cryptocurrency created on XRC-20 that drives the StorX Data Storage Marketplace. Micropayments happen between renters and hosts using payment channels, similar to Bitcoin's Lightning Network. The payments happen off-chain, strongly improving scalability and network efficiency.
On the StorX platform, the token acts as a payment cryptocurrency. The individuals hosting data need to pay in SRX, and the farmer hosting node also obtains payments in SRX. StorX users stake SRX tokens to confirm the StorX network and, in exchange, gain rewards. Rewards include inflationary awards and a portion of the network spend individuals pay.
Storage Node Operators available on a decentralized network are hosted by users, significantly lessening the acquisitions. There are no extra costs required for a storage node operator regarding capital or personnel. StorX aims to provide an extra earning chance to Network Attached Storage (NAS) operators or small businesses, who have sufficient excess electricity to handle ten hard drives but not more. The idea is to offer significant opportunities and benefits for less-costly and faster storage.
Handy Barot is the co-founder of the token. The total supply for StorX Network is five hundred million.
We update our StorX Network to INR currency in real-time. Get the live price of StorX Network on Coinbase.
The current market cap of StorX Network is ₹1.85B. A high market cap implies that the asset is highly valued by the market.
The all-time high of StorX Network is ₹362.23. This all-time high is highest price paid for StorX Network since it was launched.
Over the last 24 hours, the trading volume of StorX Network is ₹211.55M.
Assets that have a similar market cap to StorX Network include OpenServ, RAMP, Wanchain, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of StorX Network is 400 million.
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