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About Octra
Analysis of 6 Jun 2026Octra is a Layer 1 blockchain built natively on Fully Homomorphic Encryption (FHE), enabling computations on encrypted data without decryption. Founded in 2021 by former VK and Telegram engineers, the project self-funded for three years before raising external capital in early 2024.
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Octra launched its testnet in June 2025 and mainnet alpha in December 2025, followed by a $20M public token sale on the Sonar platform at a $200M valuation. As of June 6, 2026, OCT trades near $0.09 with a market cap around $56M, daily volume around $590K, a circulating supply of roughly 625M out of 1B total, and is ranked approximately #453 on CoinGecko.
