STX

StacksSTX

Rank #75
Coin
On 35,612 watchlists

Stacks Price (STX)

$1.01
0.34%

0.00002161 BTC0.71%

0.0006740 ETH1.57%

Low:$0.9723
High:$1.14
24h
STX  Stacks STXPrice: $1.01 0.34%
Market Cap
$743,631,044
0.34%
Fully Diluted Market Cap
$1,827,459,213
0.34%
Volume
24h
$21,611,048
36.27%
Circulating Supply
739,781,894 STX
41%
Max Supply
1,818,000,000
Total Supply
973,705,260
 

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About Stacks

The live Stacks price today is $1.01 USD with a 24-hour trading volume of $21,611,048 USD. Stacks is up 0.34% in the last 24 hours. The current CoinMarketCap ranking is #75, with a live market cap of $743,631,044 USD. It has a circulating supply of 739,781,894 STX coins and a max. supply of 1,818,000,000 STX coins.

The top exchanges for trading in Stacks are currently Binance, VCC Exchange, Upbit, KuCoin, and Hoo. You can find others listed on our crypto exchanges page.

What Is Stacks (STX)?

Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC). These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful — including its security and stability.

These DApps are open and modular, meaning developers can build on top of each other's apps to produce features that are simply not possible in a regular app. Since Stacks uses Bitcoin as a base layer, everything that happens on the network is settled on the most widely used arguably the most secure blockchain in operation — Bitcoin.

The platform is powered by the Stacks token (STX), which is used for fueling the execution of smart contracts, processing transactions and registering new digital assets on the Stacks 2.0 blockchain.

The platform was formerly known as Blockstack, but was rebranded to Stacks in Q4 2020 in order to "separate the ecosystem and open source project from Blockstack PBC" — the company that built the original protocols.

The mainnet for Stacks 2.0 launched in January 2021.

Who Are the Founders of Stacks?

Stacks was initially funded by a range of prominent venture capital funds, including Y Combinator, Digital Currency Group and Winklevoss Capital. It was developed by Blockstack PBC, which has its headquarters in New York.

Blockstack PBC now operates under the name Hiro Systems PBC and joins a wide range of companies building on Stacks' platform.

Blockstack PBC was founded by Muneeb Ali and Ryan Shea. After graduating from Princeton University with an MA in computer science, Muneeb Ali co-founded Stacks in 2013, and still works with the platform today as the CEO of Hiro Systems PBC.

The second co-founder of the platform, Ryan Shea, also served co-CEO between 2013 and 2018, before disembarking from the project to pursue other ventures — including co-founding a new tech startup that is currently operating in stealth. Prior to his role at Stacks, Shea worked as a software engineer.

What Makes Stacks Unique?

Stacks looks to take what makes Bitcoin so powerful, and extends it with additional functionality, without needing to fork or change the original Bitcoin blockchain.

It does this by connecting directly with the Bitcoin blockchain through its proof-of-transfer (PoX) consensus mechanism, which has miners pay in BTC to mint new Stacks (STX) tokens. Moreover, STX token holders can also stack (not stake) their tokens to earn Bitcoin as a reward.

Stacks introduces a new smart contract programming language known as Clarity, which is designed to be both secure and easy to build with thanks to its unambiguous syntax. This smart contract-centric programming language is also used by the Algorand (ALGO) blockchain.

On top of this, Stacks was the first cryptocurrency to receive SEC qualification for a sale in the United States, allowing it to launch a $28 million Reg A+ sale cash offering for its STX tokens in July 2019.

Check out Wrapped Bitcoin (WBTC) — an ERC-20 token backed 1:1 with actual BTC.

Check out Bitcoin Cash (BCH) — a forked of Bitcoin with several significant changes.

Learn about side chains with CoinMarketCap Alexandria.

Stay on top of the latest product updates, partnerships, and announcements with the CoinMarketCap blog.

How Many Stacks (STX) Coins Are There in Circulation?

According to the recently revamped economic policy launched with Stacks 2.0, the supply of the newly unlocked STX in circulation will be reduced by around 10% between now and 2020 compared to the original schedule.

In total, around 1.82 billion STX are expected to be in circulation by 2050, compared to around 739.7 million in circulation as of January 2021.

As per the Stacks 2.0 whitepaper draft (v0.1), a total of 1,000 STX per block will be released in the first four years, decreasing to 500 STX/block in the subsequent 4 years, 250 STX/block in the next four years, and then 120 STX/block after that in perpetuity.

In total, 6.6% of the initial genesis supply (1.32 billion STX) was allocated to the founder and a further 7.9% to the Stacks team. These are subject to a three year unlock schedule, with tokens next scheduled to unlock in November 2021.

How Is the Stacks Network Secured?

Stacks uses the Bitcoin blockchain as its base layer. As a Proof of Work (PoW)-based blockchain, Bitcoin uses the combined efforts of thousands of miners and nodes to protect the network against attacks by making it computationally and economically unfeasible to subvert the network.

On top of this, Stacks introduces its own consensus model, known as proof-of-transfer (PoX), which is a novel mining mechanism that sees users transfer the base currency (BTC) to mine STX — effectively bootstrapping the security of the Stacks blockchain using BTC.

Where Can You Buy Stacks (STX)?

STX is available to trade on several prominent exchange platforms, including Binance and KuCoin. For a full list of available trading pairs and supported platforms, see the markets section.

For more information about buying cryptocurrencies with fiat, click here.

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Stacks

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STX Price Statistics

Stacks Price Today
Stacks Price$1.01
Price Change24h$0.003426
0.34%
24h Low / 24h High
$0.9723 /
$1.14
Trading Volume24h$21,611,047.85
36.27%
Market DominanceNo Data
Market Rank#75
Stacks Market Cap
Market Cap$743,631,044.26
0.34%
Fully Diluted Market Cap$1,827,459,213.36
0.34%
Stacks Price Yesterday
Yesterday's Low / High
$0.8912 /
$1.06
Yesterday's Open / Close
$1.04 /
$1.01
Yesterday's Change

2.74%

Yesterday's Volume$32,235,495.98
Stacks Price History
7d Low / 7d High
$0.6147 /
$1.19
30d Low / 30d High
$0.4107 /
$1.19
90d Low / 90d High
$0.2246 /
$1.19
52 Week Low / 52 Week High
$0.04501 /
$1.19
All Time High
Feb 25, 2021 (3 days ago)
$1.19
15.35%
All Time Low
Mar 13, 2020 (a year ago)
$0.04501
2133.39%
Stacks ROI

737.67%

Stacks Supply
Circulating Supply739,781,894 STX
Total Supply973,705,260 STX
Max Supply1,818,000,000 STX

Stacks Markets

#

Source

Pairs

Price

Volume

Volume %

Liquidity

Confidence

Updated

1

Binance

$1.00

$8,485,149

39.26%

163

High

Recently

2

Binance

$1.01

$3,612,695

16.72%

140

High

Recently

3

Upbit

*** $1.03

*** $884,527

0.00%

50

High

Recently

4

KuCoin

$1.01

$681,585

3.15%

181

High

Recently

5

Binance

$1.01

$518,050

2.40%

99

High

Recently

6

OKCoin

$1.00

$457,270

2.12%

123

High

Recently

* Price Excluded

** Volume Excluded

*** Price/Volume Excluded - Outlier Detected

About Stacks

The live Stacks price today is $1.01 USD with a 24-hour trading volume of $21,611,048 USD. Stacks is up 0.34% in the last 24 hours. The current CoinMarketCap ranking is #75, with a live market cap of $743,631,044 USD. It has a circulating supply of 739,781,894 STX coins and a max. supply of 1,818,000,000 STX coins.

The top exchanges for trading in Stacks are currently Binance, VCC Exchange, Upbit, KuCoin, and Hoo. You can find others listed on our crypto exchanges page.

What Is Stacks (STX)?

Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC). These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful — including its security and stability.

These DApps are open and modular, meaning developers can build on top of each other's apps to produce features that are simply not possible in a regular app. Since Stacks uses Bitcoin as a base layer, everything that happens on the network is settled on the most widely used arguably the most secure blockchain in operation — Bitcoin.

The platform is powered by the Stacks token (STX), which is used for fueling the execution of smart contracts, processing transactions and registering new digital assets on the Stacks 2.0 blockchain.

The platform was formerly known as Blockstack, but was rebranded to Stacks in Q4 2020 in order to "separate the ecosystem and open source project from Blockstack PBC" — the company that built the original protocols.

The mainnet for Stacks 2.0 launched in January 2021.

Who Are the Founders of Stacks?

Stacks was initially funded by a range of prominent venture capital funds, including Y Combinator, Digital Currency Group and Winklevoss Capital. It was developed by Blockstack PBC, which has its headquarters in New York.

Blockstack PBC now operates under the name Hiro Systems PBC and joins a wide range of companies building on Stacks' platform.

Blockstack PBC was founded by Muneeb Ali and Ryan Shea. After graduating from Princeton University with an MA in computer science, Muneeb Ali co-founded Stacks in 2013, and still works with the platform today as the CEO of Hiro Systems PBC.

The second co-founder of the platform, Ryan Shea, also served co-CEO between 2013 and 2018, before disembarking from the project to pursue other ventures — including co-founding a new tech startup that is currently operating in stealth. Prior to his role at Stacks, Shea worked as a software engineer.

What Makes Stacks Unique?

Stacks looks to take what makes Bitcoin so powerful, and extends it with additional functionality, without needing to fork or change the original Bitcoin blockchain.

It does this by connecting directly with the Bitcoin blockchain through its proof-of-transfer (PoX) consensus mechanism, which has miners pay in BTC to mint new Stacks (STX) tokens. Moreover, STX token holders can also stack (not stake) their tokens to earn Bitcoin as a reward.

Stacks introduces a new smart contract programming language known as Clarity, which is designed to be both secure and easy to build with thanks to its unambiguous syntax. This smart contract-centric programming language is also used by the Algorand (ALGO) blockchain.

On top of this, Stacks was the first cryptocurrency to receive SEC qualification for a sale in the United States, allowing it to launch a $28 million Reg A+ sale cash offering for its STX tokens in July 2019.

Check out Wrapped Bitcoin (WBTC) — an ERC-20 token backed 1:1 with actual BTC.

Check out Bitcoin Cash (BCH) — a forked of Bitcoin with several significant changes.

Learn about side chains with CoinMarketCap Alexandria.

Stay on top of the latest product updates, partnerships, and announcements with the CoinMarketCap blog.

How Many Stacks (STX) Coins Are There in Circulation?

According to the recently revamped economic policy launched with Stacks 2.0, the supply of the newly unlocked STX in circulation will be reduced by around 10% between now and 2020 compared to the original schedule.

In total, around 1.82 billion STX are expected to be in circulation by 2050, compared to around 739.7 million in circulation as of January 2021.

As per the Stacks 2.0 whitepaper draft (v0.1), a total of 1,000 STX per block will be released in the first four years, decreasing to 500 STX/block in the subsequent 4 years, 250 STX/block in the next four years, and then 120 STX/block after that in perpetuity.

In total, 6.6% of the initial genesis supply (1.32 billion STX) was allocated to the founder and a further 7.9% to the Stacks team. These are subject to a three year unlock schedule, with tokens next scheduled to unlock in November 2021.

How Is the Stacks Network Secured?

Stacks uses the Bitcoin blockchain as its base layer. As a Proof of Work (PoW)-based blockchain, Bitcoin uses the combined efforts of thousands of miners and nodes to protect the network against attacks by making it computationally and economically unfeasible to subvert the network.

On top of this, Stacks introduces its own consensus model, known as proof-of-transfer (PoX), which is a novel mining mechanism that sees users transfer the base currency (BTC) to mine STX — effectively bootstrapping the security of the Stacks blockchain using BTC.

Where Can You Buy Stacks (STX)?

STX is available to trade on several prominent exchange platforms, including Binance and KuCoin. For a full list of available trading pairs and supported platforms, see the markets section.

For more information about buying cryptocurrencies with fiat, click here.

How do you feel about Stacks today?

Vote to see community results