StorX (SRX): What It Is, Uses and Risks

StorX (SRX) is the token of the StorX Network, a decentralized cloud storage network. The project says it encrypts files, splits them into fragments and spreads those fragments across hosting nodes in different locations. The aim is to let users keep control of their data and share access to it without relying on a central storage provider. According to the project's own description, the network is meant to act as a marketplace where people who host storage can be paid for doing so.

The token is issued on the XDC network, so it is an XDC-based token rather than a native chain asset. Public data sources list the project under storage, decentralized physical infrastructure (DePIN) and the XDC ecosystem.

Based on the project's descriptions, SRX has two main roles. Node operators earn SRX for providing storage capacity to the network. Operators also stake SRX to take part in the network. Users can use SRX to pay for storage and other services, which the project describes as a way for the network to become self-sustaining.

These uses depend on the network working as described. Readers should treat the project's own statements as claims to check against current documentation, not as settled facts.

As of 2026-11-05, the data used for this page showed a circulating supply of about 607.9 million SRX, with a total supply of the same figure and a maximum supply of 1.5 billion SRX. That means about 40 percent of the maximum was in circulation at that time. The price was about 0.053 US dollars, with a market capitalisation of about 32.1 million US dollars and a 24-hour trading volume of about 659 thousand US dollars. The token was ranked 632nd by market capitalisation.

The price has moved a lot over time. The recorded all-time high was about 4.69 US dollars on 2021-09-19, and the recorded all-time low was about 0.0085 US dollars on 2023-01-31. Over the following year the price fell about 29 percent. These figures change constantly and may be out of date when you read this.

SRX is issued on the XDC network. Its market data is quoted against US dollars, and it is listed under storage and DePIN categories. The data does not name a separate native chain, and the launch date and consensus method were not available publicly used for this page.

To check which chain a given SRX balance sits on, look at the token contract and the network it was sent on in a wallet or block explorer. Sending tokens to the wrong network can result in lost funds.

Like other small-cap tokens, SRX carries significant risk. Its value has fallen sharply from its peak, and trading volume and liquidity can change quickly. Tokens tied to decentralized storage depend on the network attracting real users and node operators; if that does not happen, the token's stated uses may have little practical effect. Smart contract bugs, project changes and regulatory action are also possible.

If you hold SRX, store it in a wallet you control and keep the seed phrase private. Never share it with anyone. Watch for scam tokens and fake websites that copy the name. This page is for research only and is not financial advice.