• bitcoinBitcoin (BTC) $ 116,029.00
  • ethereumEthereum (ETH) $ 2,957.96
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.56
  • bnbBNB (BNB) $ 688.93
  • solanaSolana (SOL) $ 164.30
  • usd-coinUSDC (USDC) $ 0.999892
  • dogecoinDogecoin (DOGE) $ 0.196220
  • tronTRON (TRX) $ 0.294322
  • staked-etherLido Staked Ether (STETH) $ 2,958.42
  • cardanoCardano (ADA) $ 0.686042
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 115,912.00
  • hyperliquidHyperliquid (HYPE) $ 43.89
  • wrapped-stethWrapped stETH (WSTETH) $ 3,575.78
  • suiSui (SUI) $ 3.49
  • chainlinkChainlink (LINK) $ 15.36
  • bitcoin-cashBitcoin Cash (BCH) $ 519.63
  • stellarStellar (XLM) $ 0.303977
  • avalanche-2Avalanche (AVAX) $ 20.83
  • leo-tokenLEO Token (LEO) $ 9.03
  • hedera-hashgraphHedera (HBAR) $ 0.197482
  • wrapped-eethWrapped eETH (WEETH) $ 3,173.08
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • wethWETH (WETH) $ 2,959.85
  • usdsUSDS (USDS) $ 0.999784
  • the-open-networkToncoin (TON) $ 2.97
  • litecoinLitecoin (LTC) $ 95.50
  • whitebitWhiteBIT Coin (WBT) $ 46.73
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999361
  • moneroMonero (XMR) $ 328.61
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 115,849.00
  • polkadotPolkadot (DOT) $ 3.91
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.56
  • pepePepe (PEPE) $ 0.000012
  • uniswapUniswap (UNI) $ 8.44
  • aaveAave (AAVE) $ 307.23
  • pi-networkPi Network (PI) $ 0.508607
  • daiDai (DAI) $ 1.00
  • bittensorBittensor (TAO) $ 378.66
  • aptosAptos (APT) $ 4.91
  • nearNEAR Protocol (NEAR) $ 2.54
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • crypto-com-chainCronos (CRO) $ 0.097131
  • okbOKB (OKB) $ 49.28
  • internet-computerInternet Computer (ICP) $ 5.46
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.97
  • ondo-financeOndo (ONDO) $ 0.900717
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 18.54
  • susdssUSDS (SUSDS) $ 1.06
  • kaspaKaspa (KAS) $ 0.086599
  • usd1-wlfiUSD1 (USD1) $ 0.999431
  • cosmosCosmos Hub (ATOM) $ 4.68
  • mantleMantle (MNT) $ 0.630627
  • vechainVeChain (VET) $ 0.024294
  • ethenaEthena (ENA) $ 0.321685
  • arbitrumArbitrum (ARB) $ 0.407496
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.223849
  • official-trumpOfficial Trump (TRUMP) $ 9.99
  • gatechain-tokenGate (GT) $ 16.23
  • render-tokenRender (RENDER) $ 3.73
  • fasttokenFasttoken (FTN) $ 4.46
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.739126
  • algorandAlgorand (ALGO) $ 0.217896
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • bonkBonk (BONK) $ 0.000024
  • sei-networkSei (SEI) $ 0.326798
  • skySky (SKY) $ 0.084221
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,951.54
  • filecoinFilecoin (FIL) $ 2.60
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 115,615.00
  • quant-networkQuant (QNT) $ 115.34
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74
  • binance-staked-solBinance Staked SOL (BNSOL) $ 174.33
  • spx6900SPX6900 (SPX) $ 1.64
  • jupiter-exchange-solanaJupiter (JUP) $ 0.490113
  • usdtbUSDtb (USDTB) $ 0.999717
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998263
  • kucoin-sharesKuCoin (KCS) $ 11.38
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,103.93
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,375.45
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.88
  • fartcoinFartcoin (FARTCOIN) $ 1.31
  • nexoNEXO (NEXO) $ 1.27
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.019468
  • injective-protocolInjective (INJ) $ 12.31
  • xdce-crowd-saleXDC Network (XDC) $ 0.072854
  • flare-networksFlare (FLR) $ 0.016969
  • optimismOptimism (OP) $ 0.670439
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.79
  • blockstackStacks (STX) $ 0.744177
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,163.94
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,110.09
  • sonic-3Sonic (S) $ 0.341269
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • dogwifcoindogwifhat (WIF) $ 1.05
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998841
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,117.45
  • story-2Story (IP) $ 3.46
  • flokiFLOKI (FLOKI) $ 0.000103
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.05
  • the-graphThe Graph (GRT) $ 0.098049
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 115,819.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 115,915.00
  • kaiaKaia (KAIA) $ 0.161560
  • pax-goldPAX Gold (PAXG) $ 3,329.56
  • immutable-xImmutable (IMX) $ 0.495298
  • wbnbWrapped BNB (WBNB) $ 688.20
  • clbtcclBTC (CLBTC) $ 116,989.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999013
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.51
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,194.85
  • vaultaVaulta (A) $ 0.545382
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 184.85
  • curve-dao-tokenCurve DAO (CRV) $ 0.614271
  • tether-goldTether Gold (XAUT) $ 3,327.61
  • msolMarinade Staked SOL (MSOL) $ 215.01
  • theta-tokenTheta Network (THETA) $ 0.800085
  • galaGALA (GALA) $ 0.017101
  • lido-daoLido DAO (LDO) $ 0.852549
  • memecoreMemeCore (M) $ 0.473955
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.06
  • raydiumRaydium (RAY) $ 2.72
  • iotaIOTA (IOTA) $ 0.182780
  • ousgOUSG (OUSG) $ 111.75
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • the-sandboxThe Sandbox (SAND) $ 0.288482
  • jasmycoinJasmyCoin (JASMY) $ 0.014358
  • jito-governance-tokenJito (JTO) $ 1.97
  • zcashZcash (ZEC) $ 42.25
  • aerodrome-financeAerodrome Finance (AERO) $ 0.800469
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998226
  • super-oethSuper OETH (SUPEROETH) $ 2,956.82
  • pendlePendle (PENDLE) $ 4.03
  • pyth-networkPyth Network (PYTH) $ 0.115176
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,162.91
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • wrapped-hypeWrapped HYPE (WHYPE) $ 44.02
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • tezosTezos (XTZ) $ 0.595495
  • saros-financeSaros (SAROS) $ 0.235399
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,074.14
  • newton-projectAB (AB) $ 0.009118
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,960.50
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 115,265.00
  • tbtctBTC (TBTC) $ 115,748.00
  • flowFlow (FLOW) $ 0.373944
  • usual-usdUsual USD (USD0) $ 0.997797
  • decentralandDecentraland (MANA) $ 0.303190
  • mog-coinMog Coin (MOG) $ 0.000001
  • based-brettBrett (BRETT) $ 0.057931
  • walrus-2Walrus (WAL) $ 0.412109
  • falcon-financeFalcon USD (USDF) $ 0.999292
  • syrupMaple Finance (SYRUP) $ 0.509716
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 115,795.00
  • morphoMorpho (MORPHO) $ 1.71
  • coredaoorgCore (CORE) $ 0.539486
  • thorchainTHORChain (RUNE) $ 1.52
  • apecoinApeCoin (APE) $ 0.666119
  • banana-for-scale-2Banana For Scale (BANANAS31) $ 0.052601
  • bitcoin-svBitcoin SV (BSV) $ 26.48
  • starknetStarknet (STRK) $ 0.140639
  • staked-hypeStaked HYPE (STHYPE) $ 44.04
  • ripple-usdRipple USD (RLUSD) $ 0.999774
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.196206
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,961.91
  • chain-2Onyxcoin (XCN) $ 0.014466
  • true-usdTrueUSD (TUSD) $ 0.998269
  • heliumHelium (HNT) $ 2.62
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008193
  • venomVenom (VENOM) $ 0.226829
  • conflux-tokenConflux (CFX) $ 0.092646
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004722
  • dydx-chaindYdX (DYDX) $ 0.622645
  • stader-ethxStader ETHx (ETHX) $ 3,150.69
  • ether-fiEther.fi (ETHFI) $ 1.21
  • kavaKava (KAVA) $ 0.416846
  • dexeDeXe (DEXE) $ 7.91
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999810
  • compound-governance-tokenCompound (COMP) $ 47.84
  • usddUSDD (USDD) $ 1.00
  • apenftAPENFT (NFT) $ 0.00000045
  • neoNEO (NEO) $ 6.24
  • beldexBeldex (BDX) $ 0.061441
  • elrond-erd-2MultiversX (EGLD) $ 15.27
  • deepDeepBook (DEEP) $ 0.173605
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.38
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,263.48
  • zksyncZKsync (ZK) $ 0.058084
  • build-onBUILDon (B) $ 0.417564
  • axie-infinityAxie Infinity (AXS) $ 2.48
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • arweaveArweave (AR) $ 6.28
  • aioz-networkAIOZ Network (AIOZ) $ 0.346742
  • ecasheCash (XEC) $ 0.000020
  • telcoinTelcoin (TEL) $ 0.004388
  • usdbUSDB (USDB) $ 0.994683

Stacks Soars with Nakamoto Upgrade, $2.75B Market Cap, and Cross-Chain Expansion

0 45

Stacks Soars with Nakamoto Upgrade, $2.75B Market Cap, and Cross-Chain Expansion

  • Stacks’ Nakamoto upgrade boosted speed, security, and adoption, with revenue up 519% and transactions rising 118%.
  • sBTC integration on Solana and Aptos enhances Stacks’ DeFi potential, attracting institutions like Grayscale and Crypto.com.
  • STX enters Peru’s defense market with a $120M deal, supplying 30 K808 vehicles and paving the way for future military projects.

Stacks (STX) has achieved milestones between Q2 and Q3 2024, as highlighted in Messari’s recent report. Despite market turbulence in Q2, Stacks boasts a market cap of $2.75 billion. Besides, its native TVL surged by 19.74%, and revenue skyrocketed by 519.78% following the Nakamoto activation. Notably, daily transactions climbed by 118.35%, reflecting its growing adoption and institutional backing.

$STX/ @Stacks

Messari released their Q2-Q3 2024 state of Stacks report 2 days back. Few takeaways?

▫️ Despite some turbulence in Q2, Stacks has shown impressive growth with a $2.75B MC.

▫️ Native STX TVL grew by 19.74%, and revenue increased by 519.78% after the Nakamoto… https://t.co/I5nTfa98Kf

— Yashas Naik (@YashasEdu) November 17, 2024

Transformative Nakamoto Upgrade and Cross-Chain Integration

The Nakamoto upgrade has revolutionized Stacks’ ecosystem. It now supports 120x faster block production and ensures Bitcoin-level finality for transactions. Moreover, it integrates built-in MEV protection, strengthening the network’s integrity. The ecosystem is expanding with sBTC integration across platforms like Solana and Aptos, amplifying its cross-chain momentum.

Additionally, the institutional landscape has evolved with 39 validators, including BitGo and Blockdaemon, underscoring increasing institutional trust. Furthermore, the SEC concluded its investigation favorably, and major entities like Grayscale and Crypto.com have joined the ecosystem.

DeFi on Stacks has matured significantly. StackingDAO achieved a TVL of $110.72 million, while ALEX Lab rebounded with 200.79% growth in Q3. Moreover, VelarBTC introduced Bitcoin’s first perpetual DEX, diversifying the platform’s offerings. Developer activity also gained traction, with a 9.4% increase in active contracts and partnerships with institutions like Harvard.

Strategic Milestones in the Defense Sector

In parallel, STX, a South Korean trading company, secured a landmark contract to supply Peru with wheeled armored vehicles. This deal, worth $120 million, marks South Korea’s entry into Latin America’s defense market. STX plans to deliver 30 K808 “Baekho” vehicles and other military vehicles via local assembly and production.

The contract emerged after STX collaborated with Hyundai Rotem, securing a strategic partnership with Peru’s Army Arsenal. Consequently, this solidified STX’s position in the region’s defense sector, with plans to expand further.

Source

Leave A Reply

Your email address will not be published.