Stacks' STX, a Bitcoin layer-2 token, has surged by 50% in four weeks
BTC when published $83,247Now $80,568 ▼ −3.22% since it was published
While major cryptocurrencies remain choppy, STX, the native token of the Bitcoin layer-2 project Stacks, is rallying. The cryptocurrency has surged nearly 10% in 24 hours, 14% over the past week and more than 50% in four weeks, outperforming bitcoin BTC $83,478.64, ether ETH $2,504.64, XRP (XRP) and other cryptocurrencies. The outperformance likely reflects investor interest in Stacks’ non-custodial bitcoin staking architecture. This framework lets BTC holders stake and earn yield directly on the main Bitcoin blockchain while retaining strict control of their private keys.
First reported by CoinDesk. This page is a short excerpt; the full text is theirs.
