Storj (STORJ) is the utility token of a decentralized cloud storage network where users and node operators exchange encrypted file storage services on a peer‑to‑peer basis.
The token currently trades around ~$0.12–$0.13 after long‑term weakness, still ~‑96 % below its 2021 all‑time high, showing a long bear cycle.
Recent price action shows mixed consolidation and mild rebounds near short‑term moving averages, with technical indicators signaling a stabilization phase.
Fundamental sentiment highlights distributed storage and recent product rollouts like Production Cloud and enterprise partnerships as longer‑term utility catalysts.
Near‑term trend remains cautious amid broader crypto weakness, with sideways trade dominating until clear breakout signals emerge.
STORJUSDT
Perp
0.0992
-1.87%