Name: Stacks
Brand: Binance
Price: 0.38 KZT
Availability: InStock

Price of Stacks Today

The live price of Stacks is $0.375406 per (STX / USD) with a current market cap of $681.21M USD. 24-hour trading volume is $21.98M USD. STX to USD price is updated in real-time. Stacks is -1.08% in the last 24 hours with a circulating supply of 1.81B.

STX Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.004085	-1.08%
30 Days	$0.08447	+29.03%
60 Days	$-0.030273	-7.46%
90 Days	$-0.078817	-17.35%

Stacks Chart Performance

24h Low & High

Low: $0.371547

High: $0.394306

The highest and lowest price paid for this asset in 24 hours.

All Time High

$3.840639

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

-0.16%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-1.08%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

+7.24%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.371547

High: $0.394306

All Time High

$3.840639

Price Change (1h)

-0.16%

Price Change (24h)

-1.08%

Price Change (7d)

+7.24%

What is Stacks (STX)?

Stacks operates as a layer-2 on the Bitcoin network, designed to expand its functionality. It achieves this by enabling the use of Bitcoin as a primary asset for smart contracts and decentralized applications (dApps), thus settling transactions on the Bitcoin blockchain. This capability enhances Bitcoin’s role in advanced blockchain applications.

The Proof of Transfer consensus mechanism and Clarity language are central to Stacks' technology. PoX, which is an evolution of the proof-of-burn concept, anchors the Stacks blockchain's security through the use of Bitcoin's proof-of-work system. In parallel, the Clarity language facilitates the creation of smart contracts, allowing direct interaction with Bitcoin’s state.

The STX token is integral to the functioning of Stacks, mainly supporting the Proof of Transfer (PoX) consensus that connects Stacks to Bitcoin. Beyond this, STX is essential for the establishment and operation of smart contracts and the development of dApps within the ecosystem.

Stacks differentiates itself through its direct integration with Bitcoin, contrasting with other independent blockchains. This integration utilizes Bitcoin's security and stability, enabling the addition of smart contracts and dApps to the Bitcoin network. The PoX consensus and Clarity smart contract language facilitate this integration, expanding Bitcoin's utility.

STX is listed on Binance for trade and purchase. The live price of STX is available and updated in real time on Binance.

People Also Ask: Other Questions About Stacks

What is Stacks Used For?

Stacks (STX) introduces a novel approach to Bitcoin's functionality, extending its use beyond mere currency transactions. It serves as a foundational layer enabling smart contracts and decentralized applications (dApps) directly on Bitcoin's network. This integration broadens Bitcoin's scope, allowing for the development of complex blockchain solutions, including DeFi platforms, NFT marketplaces, and various other decentralized services.

How To Buy Stacks (STX)?

Stacks (STX) can be purchased directly from Binance by using a debit or credit card. Stacks (STX) can also be traded for other cryptocurrencies on Binance. Live Stacks price is updated in real-time on Binance. STX price and purchase information is available for users to read on our How to Buy Stacks (STX) Guide.

How Do Network Consensus and Validation Work On Stacks?

The network consensus in Stacks is governed by the Proof of Transfer (PoX) mechanism. Unlike conventional proof-of-work systems, PoX requires miners to use Bitcoin for mining STX tokens. This creates an economic and security bridge between the two blockchains. In terms of validation, Stacks utilizes the Clarity smart contract language. This language ensures that contract executions are transparent and secure, closely aligned with Bitcoin's blockchain state. The integration of PoX and Clarity provides a robust and consistent framework for secure and reliable transactions and contract executions on the Stacks network.

Who is The Founder Of Stacks?

Stacks was conceptualized and brought to life by Muneeb Ali, a computer scientist with a PhD from Princeton University. Ali’s vision of enhancing Bitcoin’s capabilities beyond a digital currency led to the inception of Stacks. His academic research and entrepreneurial drive were crucial in developing the platform, with the goal of creating a scalable, secure, and user-centric internet that leverages the foundational strengths of Bitcoin.