Kraken Cryptocurrency Exchange

- Trade STX and 181 other cryptos
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Stacks (STX) is the 117th largest cryptocurrency in the world by market cap, valued at $539,764,200. The current price of Stacks is $0.2969, which is -6.252% lower than yesterday. Prices have ranged between $0.326473 and $0.299715 over the past 24 hours. All prices are listed in US dollars and accurate as of February 09, 2023 12:02 UTC.
The Stacks blockchain was designed to bring smart contract functionality and, therefore, decentralized applications to Bitcoin. Based on the Stacks whitepaper, the project believes that Bitcoin will be used as the basis for all future blockchains and dapps.
To facilitate this vision, Stacks works like a layer-2 solution and connects directly to the Bitcoin blockchain to leverage its security and stability. By utilising a Proof-of-Transfer (PoX) mechanism, Stacks is able to provide smart contract functionality without the need to modify Bitcoin.
Stacks 2.0 was released in early 2021 and marked the main launch of the project. The Stacks token (STX) is used in the execution of smart contracts and by Stacks miners to receive BTC rewards.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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