Stratis Coin Review
3 min read

Stratis (STRAT): With New All-Time Highs, Where’s It Go From Here?

By Editorial Team

After hitting an initial all-time high just under $12 in the summer of 2017, Stratis (STRAT) faded a bit into the background as a bear market in the early autumn made investors sour with many projects.

But people are starting to pay attention again. And, of course, that surely has something to do with the price, as Stratis is currently hovering over $16 at press time — four whole dollars above the cryptocurrency’s previous all-time high.


Image via

We’ll walk you through the project so you can see what it’s all about. Then, you can make up your own mind regarding whether you think you’re buying at the top or if STRAT has a lot higher to go from here.

What is Stratis

Arising from an NBitcoin hard fork, Stratis is notable for relying on the coding language C#. Billed as a BaaS (“Blockchain as a service”) platform, this blockchain project gives firms and programmers a “sandbox” through which they can experiment in creating their own blockchain-based applications (“dapps”).

Naturally, then, these applications will be created through C#, which could catalyze adoption, as C# is ubiquitous across multiple industries. That means mainstream developers can hop right into Stratis and start building around.

The great advantage of this dyanmic? Stratis will appeal to companies and programmers that don’t want to undertake the logistics necessary to create their own native blockchain to experiment with.

Teaming up with Microsoft

A lot of buzz happened in 2017 over partnerships, from Ripple’s collaborations with Asian banks to Stellar Lumens’ partnership with IBM.

But it really doesn’t get much sexier than being able to download Stratis blockchain modules from the Microsoft Azure marketplace platform. That’s a game-changer, no matter how you slice it.

This legitimizing opportunity bodes well for the future of the Stratis sandbox and for the adoption of blockchains in general. And it speaks volumes on how many regulatory / legal boxes Stratis had to check in order to meet Microsoft’s standards. It’s a major stamp of approval.

Strong community

Stratis has an organized, organic community that’s committed to the project. And that’s never a bad thing, right? The official STRAT Telegram channel has members into the five digits, which is almost unheard of for most cryptocurrency projects.

The project’s team leverages this impressive network to communicate early and often with the community. They get high marks in this regard.

Competitors to STRAT

In being a BaaS, Stratis comes up against some pretty impressive competitors. Newer ones include “third gen” crypto platforms like:

But, of course, you could also consider projects like Lisk and Ethereum as competitors to Stratis. This is just something to keep in mind when investing. Do you think one of these competitors will outgain Stratis over the short-, mid-, and long-term?

That’s probably how you want to approach investing in STRAT, conservatively. Will its price go up from here? Surely. But there’s also a strong change that, at percentage-wise, more dominant projects like Ethereum or EOS will vastly outgain STRAT.

As always, though, do your own research and come to your own conclusions.

Featured Image via Fotolia

Editors at large. Posting the latest news, reviews and analysis to hit the blockchain. View all posts by Editorial Team ->

Related Posts

NiceHash Review
NiceHash Review

Nicehash Review: The Mining Power Marketplace

September 16, 2021 18 min read
Top Blockchain Games
Top Blockchain Games

Top Play to Earn Blockchain Games with Serious Earning Potential!

September 15, 2021 24 min read
Top 10 Crypto Research Tools
Top 10 Crypto Research Tools

Top 10 Crypto Research Tools: Finding The Next 100x Altcoin

September 15, 2021 18 min read
TrueFi Review
TrueFi Review

TrueFi Centralized Decentralized Finance – Is “CeDeFi” The Future of Crypto?

September 8, 2021 25 min read
Top Crypto Bots
Top Crypto Bots

Top Crypto Bots: Are They Still Worth It?

September 8, 2021 21 min read
Aluna Social Review
Aluna Social Review

Aluna Social Review: The ULTIMATE Social Trading Terminal?

September 7, 2021 13 min read
Crypto Friendly Banks
Crypto Friendly Banks

Top 6 Crypto-Friendly Banks: Complete List

August 28, 2021 14 min read
Dogecoin Alternatives
Dogecoin Alternatives

Dogecoin Spinoffs: All Bark & No Bite or Something More??

August 27, 2021 18 min read
Cryptowatch Review
Cryptowatch Review

Cryptowatch: Cross-Exchange Trading Terminal

August 25, 2021 18 min read