What Stacks is
Stacks (STX) is a proof-of-stake Layer-1 blockchain, currently ranked 97th by market capitalization among the assets we track. Stacks is a Layer-1 smart-contract platform secured by proof-of-stake: validators lock STX as collateral, and the protocol slashes anyone who misbehaves. The token is simultaneously gas, collateral, and a claim on staking yield.
Stacks (STX) is a blockchain network that aims to bring smart contracts and decentralized applications to Bitcoin, allowing developers to create applications while leveraging Bitcoin's security. It utilizes a unique consensus mechanism called Proof of Transfer (PoX) to enable this functionality.
How consensus and the token economy connect
Staking ties the token's value to network security: more STX bonded means a costlier attack, and stakers are paid for taking that role. Unstaking queues and slashing parameters shape how liquid that capital really is.
Background & fundamentals
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in STX. In sector terms it is most often filed under Platform, Cryptocurrency, and Made in USA.
Where Stacks sits in the market
At $0.1609, Stacks carries a market capitalization of $289.67M. Around $4.89M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.69% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Almost the entire STX supply is already in circulation (~99.8% of the 1.8B cap), so future dilution is effectively off the table. STX remains -96% beneath its all-time high of $3.84, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.00610300, STX is up +2,537%.
What the price history shows
The tape currently reads 24-hour -3.55%, 7-day -8.80%, 30-day +1.74%, 1-year -69.86%. STX is currently trading near the bottom of its 365-day range (around the 3rd percentile of recent closes).
Volatility profile
Recent action puts Stacks in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals +1.74%, a useful input for stop placement and position sizing.
How to evaluate Stacks
The honest checklist for STX is short:
- Real usage — active addresses, fees paid, and total value locked — does on-chain demand justify the valuation?
- Staking economics — the share of STX staked, the yield, and unlock/queue dynamics that govern liquid supply.
- Ecosystem depth — how many applications and how much liquidity have chosen Stacks over competing Layer-1s.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
