Stacks Price Surges 30% as Project Enters Growth Phase
The price of Stacks (STX) has surged by over +30% overnight, reaching $0.385 on CoinGecko.
This sharp breakout pushed the token above the $0.34 resistance area and has been driven in part by the project's growth phase, which begins after Bitcoin staking goes live on October 15.
Stacks founder Muneeb Ali will take over as CEO of Stacks Labs on this date, a move that is seen as a catalyst for the project's development.