Stacks (STX) is the native token of the Stacks blockchain, which brings smart contracts and DeFi to Bitcoin via its Proof-of-Transfer system — letting holders earn BTC by “stacking.”
The price is trading around ~$0.27–0.28 USD with moderate daily volume, significantly below its all-time high (~-93%), reflecting a long bear cycle.
Recent market action shows mixed momentum with sideways to slightly bearish trends and fear sentiment among traders.
Bullish drivers include institutional products (like the STX ETP) and Bitcoin-native DeFi ecosystem growth, but short-term profit-taking has pressured price.
Competition from other Bitcoin Layer-2s and technical resistance levels are key near-term risks, while long-term fundamental use cases support cautious optimism.
@Stacks Network $STX #stxcoin #stx