Storj
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Storj in numbers
Storj ranks #1005 by market capitalization, at $12.48M. It belongs to the DePIN sector (File Storage). It has traded since Jul 12, 2017, across 112 markets on 18 exchanges, with $2.39M of volume in the last 24 hours. Its all-time high of $3.56 was reached on Mar 28, 2021; the current price is 99.5% below that peak. Its cycle low of $0.0186663 came on Nov 5, 2026.
425.00M STORJ are in circulation. 5 investors are recorded as backers, including Techstars, Qualcomm Ventures, Ionic Security. Development data lists 21 core developers and 29,866 code commits. On Ethereum, 105,926 addresses hold STORJ. It is available on 2 networks.
About Storj
Storj is a decentralized cloud storage provider. It offers a globally distributed cloud object storage protocol aiming at better security, performance, and cost-efficiency. The platform uses decentralized storage technology, encrypts and splits data into pieces, and stores them across a network of thousands of nodes globally. Storj offers S3 compatibility and integrates with existing tools and systems.
Background
The Storj Network (STORJ) aspires to provide safe, cost-effective distributed cloud storage that returns data ownership to users. When contrasted to centralized cloud storage choices, the distributed architecture with end-to-end encryption on every file protects against attacks, improves dependability, increases download/upload speeds, and improves performance.
The STORJ token enables the coordination between different parties within the network to transfer value at scale, in a way that aligns with the goals of the wider network, including immutability, security, and third-party verifiability.
Storj Labs operates Tardigrade, a developer tool that claims to be better or on par with all other major cloud providers in terms of durability, performance, and security (S3, Google, Microsoft). It aims to have the potential to save businesses millions of dollars on cloud storage at a tenth of the cost. Any open source applications that enable users to store data on Tardigrade via connectors will receive a percentage of the money produced by those users through the Tardigrade Open Source Partner Program.
Tardigrade users are incentivized to pay using STORJ token, instead of a credit card, by receiving a bonus on any STORJ token deposit they make. This allows users to lower their cloud storage bills even further. Any third party operating a Satellite must also accept STORJ as a means of payment for storage and bandwidth.