Global #Stacks

The price action of Stacks (STX) has recently exhibited a notable shift in its dynamics.

Stacks, a blockchain platform built on Bitcoin, has made significant strides towards the mainnet launch of its sBTC token. This innovative token represents a significant step forward in the integration of Bitcoin into the decentralized finance (DeFi) ecosystem.

Stacks, a prominent layer-2 blockchain project built on top of Bitcoin, announced the successful activation of its Nakamoto upgrade on Tuesday.

The Stacks (STX) token, associated with the Bitcoin-focused layer-2 smart contract platform, has seen a remarkable rally in recent days, soaring approximately 30% over the last week.

In a groundbreaking development aimed at propelling Bitcoin technology forward, Aptos Labs and Stacks have announced a significant new partnership. This collaboration centers on the formation of a new working group and the Aptos Foundation's role as a Signer for Stacks, marking a major advancement in blockchain innovation.

Bitcoin, the world's first and most popular cryptocurrency, has long been recognized for its security and decentralization. However, it has traditionally lacked the functionality of smart contracts, which are self-executing agreements that underpin decentralized applications (dApps). This is where Stacks (STX) comes in.