$STX price pump10.08%, or influenced by Portal Ventures' announcement of supporting sBTC gate News: According to The Block, early-stage investment firm Portal Ventures announced support for Stacks' 1:1 BTCProgrammability asset sBTC. The firm plans to launch a series of seminars to educate institutional investors on the role of sBTC in improving BTC capital efficiency. As a result, $STX briefly touched $2.725. According to gate data, the price of $STX has pumped 10.08% in the past 24 hours, with the current price at $2.62, a market capitalization of $3.83B, and a trading volume of $17.05M in the past 24 hours.

Odaily Planet Daily News Stacks co-founder Muneeb Ali announced on the X platform the launch of the $1 million Orange Hats program. The new program aims to improve Stacks security, promote white hat hacker activities, and provide new tools and services for contract testing and deployment at the application layer. This can extend beyond Stacks L2 and benefit Bitcoin L1.

Gold Finance reported that the Bitcoin ecosystem project ALEX tweeted that ALEX holders have received non-transferable special voting tokens "special-vote". Users can use them to vote on proposals such as the Treasury Grant Program (which requires 50% participation of voting tokens) and the reopening of Pools (referring to Pools unaffected by previous security incidents). ALEX refers to the number of "special-vote" equal to the number of ALEX tokens held by users at Block 150610 in the Stacks area, including LP positions, atALEX, stake positions, and tokens held on the B20 order book.

$STX price rose more than 5% in a short time, Stacks will launch the DecentralizationBTC token sBTC in December Gate News: According to The Block, Muneeb Ali, co-founder of Stacks, recently stated that the Stacks network is expected to launch the sBTC Token in December and further upgrade it in January. As an innovative solution, sBTC solves the 'write-in problem' of BTC through the dual-link design of Decentralization, making BTC usable for Decentralization applications. It is expected to become an alternative to wBTC and cbBTC, more in line with the Decentralization spirit of BTC. According to Gate.io data, the price of $STX has pumped 11.54% in the past 24 hours, with the current price at $1.92, a market capitalization of $2.76 billion, and a 24-hour volume of $20.78 million.

Stacks Nakamoto upgrade makes Bitcoin more versatile, secure, and efficient. By eliminating the need for forks and using new technologies such as weighted Schnorr threshold signatures, this upgrade reduces MEV and improves transaction speed. This provides developers with a flexible platform to realize their ideas and use Bitcoin for more advanced activities. With the release of this update, we will see faster transaction confirmations and more use cases.

🔥 [ Narrative Full 100 Coins STX 🔥 ] The Satoshi Nakamoto testnet of Stacks was launched on March 25, and the mainnet is expected to be activated in the last two weeks of May Track the market ✅ Follow 👍 press up #加密货币# #币圈# #BTC# #STX#

$STX price pump9.81%, Stacks Nakamoto upgrade has been launched gate News: BTC L2 Stacks announced on social media that Stacks Nakamoto upgrade has been launched, and sBTC will be launched in the next 4-6 weeks. Stacks will also increase network throughput and latency, continuously improving performance in the coming weeks. gate data shows that the price of $STX has pumped 9.81% in the past 24 hours, with the current price at $1.89, Market Cap at $2.81B, and 24-hour volume at $4.70M.

Golden Finance reported that Stacks announced the launch of Stacks Nakamoto on the X platform. 1. Once Stacks transactions are confirmed, they are at least as irreversible as BTC transactions. 2. Significantly reduced transaction time. 3. The technical foundation of sBTC will be launched later this year.

Will STX break $2 when the Stacks 8 upgrade is activated in 8 days? Stacks Network is the BTC Layer 2 and one of the largest Decentralized Finance protocols on the most secure platform in the world. Decentralized FinanceLlama states that the platform manages assets worth over $109 million. With the rise of Decentralization Financial Service, it will continue to expand and improve. After more than five years of launch, the network is preparing for one of its most important upgrades: Satoshi Nakamoto. Analysts and platform supporters claim that this update will have a profound impact, especially on its ecosystem. The team stated that the latest update will go live on October 29th. Most importantly, this transition will introduce features that improve throughput and security. In terms of scalability, Stacks may be looking to advance the Ethereum 2nd layer, which can currently handle transactions cheaply and host transaction-intensive dapps. Once upgraded and activated, Stacks will depeg from the approximately 10-minute BTC Block generation speed. After depeg, the platform will process transactions within seconds. This change means that Stacks will handle more transactions, process them faster, and improve user experience. However, the team stated that this depeg does not mean the end of the relationship between stackers and BTCMiner. In the team's view, not only will collaboration be strengthened, but Stacks as a second layer will be more decentralized and therefore more powerful. As Stacks is a layer 2 protocol that relies on BTC for security, all transactions must still be confirmed on the underlying layer. Therefore, although its transaction mining will be separate from layer 1, all transactions will be completed on the BTC Mainnet. This confirmation is irreversible, thereby increasing security and eliminating the risk of transaction reversal. Despite the optimistic upgrade of Nakamoto, the native Token STX has performed mediocrely. From the daily chart, the Token has been in a significant consolidation phase since early July. The price of STX has fluctuated between $1.20 and $2. After a big dump in early August, the Token steadily rebounded, pumping nearly 60%. Nevertheless, to form a pump trend and prompt buyers to take action to recover losses from March to July, it must break through $2. If this uptrend is accompanied by an increase in Trading Volume, it could trigger a higher high, similar to those highs from early Q4 2023 to mid-March. In this case, STX could soar to $4, almost twice the September high. (Source: Dalmas Ngetich)

On June 4, Stacks said that the main testnet has been restored as core developers work hard to advance the "Nakamoto" upgrade, making good progress in completing the new code required for activation.

🔥Trending Top5🔥 💥WIF: +42.50% 💥FLR: +9.44% 💥FLOKI: +15.96% 💥STX: +13.91% 💥MUBI: +16.14% 📈BTC briefly surpasses $57,000, driving the overall rise of BTC ecosystem tokens. [Smiling face]

According to the data from Stacking DAO, the current Stacking DAO TVL has exceeded 107 million US dollars, with over 52 million $STX staked. At the same time, according to the official blog, the total number of Stacking DAO users has exceeded 34k, and stSTX with a value of over 30 million US dollars has participated in the DeFi protocols in the Stacks ecosystem.

Grayscale announced the creation of Stacks and Near trusts yesterday, according to Jinse Finance. This is the first time Grayscale has created new virtual currency trusts since 2024. Grayscale stated that Stacks will help bring smart contracts and decentralized applications (dApps) into the Bitcoin ecosystem, which will increase institutional interest. Stacks is a Bitcoin layer2 project founded in 2017. The initial version was completely tied to the Bitcoin UTXO mechanism, so the transaction speed was synchronized with Bitcoin, but the user experience was not satisfactory. The latest Nakamoto upgrade plan will be fully launched in August, bringing transaction speeds of around 10 seconds, greatly enhancing the interactive experience of the Stacks ecosystem.