Stacks (STX), a Bitcoin layer-2 solution, experienced a significant surge of 14% in the last 24 hours, becoming the fourth-highest gainer in the market. It surpassed major cryptocurrencies like Bitcoin, Ethereum, and BNB. The trading volume of STX also spiked by 177% to $224 million, indicating strong demand. This rally was sparked by an uptick in Bitcoin's price and a positive response on social media, with an 86% increase in social interactions and a 40% rise in social posts. STX is the native coin of Stacks, which facilitates the development of decentralized applications on the Bitcoin blockchain.

Benzinga•1 year ago•
2050
Stacks Surges 14% Outperforming Bitcoin and Ethereum, Goes Viral on Social Media
Bitcoin
Layer-2
Stacks
Cryptocurrency
Social Media
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Summary:
Stacks (STX) jumped over 14% in the last 24 hours, outperforming Bitcoin, Ethereum, and BNB.
STX's trading volume surged 177% to $224 million, showcasing robust demand.
The rally followed an uptick in Bitcoin's price and positive social media buzz.
STX is the native coin of Stacks, a layer-2 solution for Bitcoin.
Stacks has over $124 million in total deposits, highlighting its growing popularity.
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