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How to Buy Stacks
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STX is the native token of the Stacks network, which aims to enable DeFi, NFTs, apps, and smart contracts for Bitcoin. STX is used to pay transaction fees and can be locked directly on the network to earn BTC rewards.
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-1.31%
194
-8.92%
112
5.66%
314
$843.74M
$843.75M
1.8B STX
Not enough data
1.8B STX
#80
0.02%
$41.59M
-5.34%
$279.71M
$1.08B
$3.84
-74.81%
STX vs markets
↘ 85.22%
STX vs BTC
↘ 84.89%
STX vs ETH
↘ 83.94%
Tags
mineable
platform
collectibles-nfts
gaming
+6
Network | Address | |
---|---|---|
Stacks | NA |
Time | Price | Change |
---|---|---|
Today | $0.47 | ↘ 3.91% |
1 Day | $0.49 | ↘ 3.83% |
1 Week | $0.60 | ↘ 22.44% |
1 Month | $0.67 | ↘ 30.11% |
1 Year | $1.85 | ↘ 74.81% |
Stacks (STX) is a layer built on top of the Bitcoin blockchain, designed to expand the functionality of Bitcoin by enabling smart contracts and decentralized applications (dApps). It aims to make Bitcoin more than just a passive asset by unlocking its potential for use in sophisticated applications. Stacks uses a consensus mechanism known as Proof of Transfer (PoX), which allows it to connect with the Bitcoin blockchain, thereby benefiting from Bitcoin's robust security. The Stacks layer is designed to be scalable, enabling transactions that settle on Bitcoin. It uses the Clarity programming language, which is designed for safety and predictability, allowing developers to know with certainty what a contract will do before it executes.
Stacks operates by using the Bitcoin blockchain as its base layer. It introduces its own consensus model, known as Proof of Transfer (PoX), which allows users to transfer the base currency (BTC) to mine STX. This mining mechanism effectively bootstraps the security of the Stacks blockchain using BTC. All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin blockchain, providing an additional layer of security. Stacks also uses the Clarity programming language for smart contracts, which is designed for safety and predictability. This allows developers to know with certainty what a contract will do before it executes.
Earn up to $2,000 when you buy $50 in crypto
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#101
Contributors
626
Posts
1,474
% About Stacks
0.2%
Articles
3
Hold times
0 days
X (Twitter)
56.02% bullish
Sentiment
4.0 ★
Highlights
626 unique individuals are talking about Stacks and it is ranked #101 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Stacks has an average sentiment score of 80 out of 5. Finally, Stacks is becoming less newsworthy, with 3 news articles published about Stacks.
On Twitter, people are mostly bullish about Stacks. There were 60.68% of tweets with bullish sentiment compared to 8.33% of tweets with a bearish sentiment about Stacks. 39.32% of tweets were neutral about Stacks. These sentiments are based on 2507 tweets.
On Reddit, Stacks was mentioned in 6 Reddit posts and there were 8 comments about Stacks. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.