Bitcoin’s return to $ 97,000 sparked a wave of excitement through the encryption market, including Stacks (STX).
The Bitcoin Layer-2 solution, designed to bring in smart contracts and decentralized applications to the Bitco Ecosystem system, has seen its high prices along with the BTC gathering.
At the time of writing this report, STX was traded by about $ 0.85, with a maximum market of $ 1.3 billion.
The price of cryptocurrency has increased over the past 24 hours by 12 %, with Bitcoin gains increased at the top.
The stack price jumped by 65 % last month.
Why did the stack rose today?
The last STX price pump can be attributed to a combination of bitcoin oud and the growing role of Stacks in the Bitco DEFI ecosuction system.
Bitcoin’s renewed momentum re -focused the investor’s attention on its network building projects, with chimneys appearing as a major beneficiary due to SBTC integration.
This is one of the reasons behind mobilizing STX prices.
Listing chimneys as a leading bitcoin defi – Bring more BTC with BTC – Institutions Adoption – Coinbase 50, Trust Grayscale, Jump – Network L2 developed with Bitcoin finals by 100 % – Driving in developers
Another of the main motivations is the last partnership with the Sui network, Declare On May 1, 2025.
This integration, one of the assets supported by Bitcoin 1: 1, brought to SUI’s ecosystem, and opening Bitcoin liquidity for Defi cases such as lending and trading.
The main growth measures in addition to this view. In a recent publication, I noticed the stack:
According to bitcoinlays standards (.
Move Positions wipes a major portal of the $ 2 trillion Bitcoin market to flow to developmentable ecosystems such as SUI, which increases the demand for STX.
In addition, the broader market morale, which is driven by events such as Sui’s Suibasecamp in Dubai, highlights a role in expanding the benefit of bitcoin, which increased the investor’s confidence.
Price prediction chimneys
The stack appears to be prepared for continuous growth, although many depend on the path of bitcoin and the adoption of the ecosystem.
If this upward trend continues, STX may target $ 1.3 and possibly re -test its levels near $ 2, in line with modern peaks and main resistance levels.
However, the growing market fluctuations and bitcoin price movements continue to form significant risks to this view.
If Bitcoin maintains its gathering, it is likely that the collapse is more than $ 100,000.
It is worth noting that the Network Couns as BTC L2 and integration like one with SUI may see STX to test its height at all over the 3 -dollar sign.
The published stack (STX) rises where Bitcoin biocoin recovers $ 97,000 first on Invezz
