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The business concept for StorX, a decentralized cloud storage network, was developed during the first quarter of 2020.

The first version of the StorX whitepaper was published, detailing the project's architecture, technology, roadmap, and the utility of the SRX token.

The StorX mainnet was launched on the XDC Network, activating the peer-to-peer storage marketplace for users and storage node operators.

The price of the SRX token reached its all-time high of approximately $3.95.

A major software upgrade, version 2.0, was planned for release, along with client onboarding initiatives to expand the user base.