Stacks price jumps 7% ahead of November Bitcoin staking event

Stacks (STX) has climbed 6.74% in the past 24 hours to $0.4119, extending its weekly gains to 10.28% as interest grows around the network's Bitcoin staking program and its upcoming November bonding period. Stacks gained 6.74% over 24 hours and traded near $0.4119, according to supplied CoinGecko data. STX recorded $108.7 million in daily trading volume, with market capitalization reaching approximately $772 million. Stacks requires participants to lock STX worth 5% of their Bitcoin holdings for protocol bonding. Analyst Elite Crypto identified $0.476 resistance and suggested $0.70 as a potential breakout price target.