Stacks (STX) up 76% After Major Upgrade Goes Live: Details

to data from CoinMarketCap, STX is worth $1.27 at the time of writing, atop growth of 76.24% over the past seven days.

Stacks has been making headlines recently, not just as a token with positive price action year to date but for its strong focus to turn Bitcoin into a smart contract and a decentralized finance -centric ecosystem. Dubbed the Bitcoin Layer for smart contracts, Stacks enables decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain.

In a bid to foster its core agenda, the Stacks protocol unveiled its latest upgrade, dubbed Stacks 2.1. According to the protocol, the new upgrade will strengthen the connection to Bitcoin with enhanced stacking improvements, better bridges and decentralized mining, as well as new clarity functions.

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