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Pair | Last Price | 24h CHG | 24h High | 24h Low | 24h Volume | Market Cap | Action |
---|---|---|---|---|---|---|---|
STX / BNB | 0.003343 / $2.24
| +7.87% | 0.003655 | 0.002961 | 383.10
| $3,358.1M | |
STX / BTC | 0.00002274 / $2.24
| +5.13% | 0.00002466 | 0.00001962 | 65.44
| $3,358.1M | |
STX / USDT | 2.235 / $2.24
| +5.33% | 2.41 | 1.89 | 101.8M
| $3,358.1M | |
STX / FDUSD | 2.226 / $2.24
| +5.00% | 2.415 | 1.904 | 614,148.89
| $3,358.1M | |
STX / USDC | 2.235 / $2.24
| +5.08% | 2.41 | 1.895 | 1M
| $3,358.1M |
Keep up with what's happening in the crypto world in real-time.
Stacks (STX), a unique blockchain network designed to bring smart contract functionality to Bitcoin, has garnered significant attention within the cryptocurrency space. Unlike most blockchain platforms, which use traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms, Stacks employs a Proof-of-Transfer (PoX) model.
Stacks' price action has closely mirrored Bitcoin's performance in recent months, boasting an impressive correlation coefficient of 0.86. This makes Stacks a high-beta play on Bitcoin, meaning that when Bitcoin moves, STX tends to move in a similar direction, albeit with more volatility and often at a greater magnitude.