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Stacks' STX, a Bitcoin layer-2 token, has surged by 50% in four weeks

Picture: CoinDesk

While major cryptocurrencies remain choppy, STX, the native token of the Bitcoin layer-2 project Stacks, is rallying. The cryptocurrency has surged nearly 10% in 24 hours, 14% over the past week and more than 50% in four weeks, outperforming bitcoin BTC $83,696.96 , ether ETH $2,507.61 , XRP (XRP) and other cryptocurrencies. The outperformance likely reflects investor interest in Stacks’ non-custodial bitcoin staking architecture . This framework lets BTC holders stake and earn yield directly on the main Bitcoin blockchain while retaining strict control of their private keys.

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