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The live price of the Stacks token is $1.89206608. The Stacks price is expected to reach a high of $5.22 by the end of 2024. With a potential rally, the price could reach a peak of $12.53 by the year 2030.
STX price rally at the start of 2024 has hit a stumbling block, with resistance forming above the $3,665 level. After receiving a solid rejection at $2,605, the Stacks price recorded a significant downtrend. However, with increased bullish sentiment in the crypto market, this altcoin is currently hovering near its $1.80 mark.
In terms of fundamentals, STX Network emerges as a unique identity, leading to a massive increase in its market values. Again, Stacks are connected to the blockchain network. Stacks uses the Proof-of-Transfer (PoX) algorithm.
This is practical because stakeholders can acquire Bitcoin by storing STX in their wallets, while miners may invest Bitcoin and receive STX in return.
So, if you are planning to buy Stacks, we have your back with our latest STX price forecast and with all the important updates. Follow the forecast to the end to learn more about the stack price forecast for 2024 and the years to come!
Overview
-1.45% *The statistics are as of press time.
Stacks Crypto Price Prediction July 2024
Despite a correction of about 5% within the last day with a trading volume of $160.080 million, the STX price is up 29.50% in the last week. Moreover, with a market capitalization of $2.664 billion, the Stacks crypto has successfully claimed the 32nd place on the global crypto list.
The EMA 200 day acts as a resistance against the Stacks price chart in the 1D time frame. Additionally, the RSI recorded a strong bearish curve below the overbought range, indicating a strong bearish sentiment for the altcoin in the crypto space.
If the bulls regain momentum, the Stacks price will prepare for its upper resistance level of $2,605 this month. However, bearish price action could pull the STX coin price to its low of $1,265 during the coming weeks.
Stacks Crypto Price Prediction 2024
Stacks have grown rapidly in recent years. The features offered by the team enabled new ground-breaking use cases of smart contracts on the world’s first blockchain i.e. Bitcoin.
The bulls will take over the Stacks market in 2024, with its significant adoption and growing availability. As a result, the maximum price of the Stacks will be manipulated by its widespread adoption and will zigzag around $5.22.
On the other hand, the STX price is expected to reach a low of $2.67 in 2024, with an average trading price of $3.94 for the year. Hence, investing in Stacks at current prices will be profitable in the long term.
Stack Price Forecast 2025
Furthermore, STX will become more open and robust in 2025. By focusing on it, programmers will be able to build apps more efficiently on top of each other to produce functionalities that don’t seem feasible in a typical app. All these facets will cause its price to peak at $6.01 in 2025.
However, buying and selling pressure may pull the price back to the low of $4.33, with an average of $5.17.
Stack Price Forecast 2024 – 2030
Stacks (STX) Price Prediction 2026
According to our analysts, STX forecast for the year 2026 can range between $5.18 to $6.94 and the average Stacks price can be around $6.06.
STX Crypto Price Prediction 2027
According to our analysts, Stacks price for the year 2027 can range between $5.84 and $7.86 and the average STX price can be around $6.85.
Stacks coin price prediction 2028
According to our analysts, STX price forecast for the year 2028 can range between $7.13 to $9.21 and the average price of Stacks can be around $8.17.
STX Price Prediction 2029
According to our analysts, Stacks forecast for the year 2029 can range between $8.22 and $10.87 and the average price of STX can be around $9.54.
Stack Price Forecast 2030
According to our analysts, STX predictions for the year 2030 can range between $9.15 to $12.53 and the average price of Stacks can be around $10.84.
Market analysis
*We made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s stacks of coin price prediction
Stacks grew in popularity in 2021, demonstrating its ability to implement real smart contracts on the Bitcoin ecology and platform. According to our price forecast for STX, investing in it can be an excellent long-term asset.
Furthermore, STX added a massive price to its valuation of the year, indicating a strong foundation for this project. The maximum price of STX could be around $5.22 by the end of 2024, with a minimum price margin of $2.67. Also, the coin will average $3.94.
What is Stacks (STX)?
Stacks is a layer-1 blockchain that enables smart contracts and dApps on Bitcoin (BTC). Furthermore, these smart contracts are bought in Bitcoin without changing any of the details that make it so powerful, including its stability and security.
Stacks is trying to bring dApps to Bitcoin in terms of smart contracts. Such DApps are responsive and modular, which implies that programmers can fuse them together to create features that would be difficult to achieve in a traditional platform. The platform’s primary goal is to unfold Bitcoin’s peak performance.
Furthermore, the Stacks ecosystem draws power from its cryptocurrency, STX. It is a coin that uses blockchain technology to enforce decentralized applications, payments and the development of innovative virtual currencies.
Fundamental analysis
The framework was previously known as Blockstack, but in Q4 2020 it was renamed to Stacks to differentiate the platform and open source program from Blockstack PBC. This corporation created the original platform protocols. Stacks 2.0, for example, went live in January 2021.
Stacks are integrated into Bitcoin through its consensus system, which forms a Proof of Transfer link over Bitcoin and Stacks (PoX). Proof of Transfer enhances Bitcoin’s Proof of Work (PoW) to promote increased levels of decentralization and sustainability while conserving natural resources.
Stacks aims to create a solution that protects confidentiality by allowing only customers to control their information. Furthermore, it can be called the web’s application layer, which is currently managed by firms such as Facebook and Google.
Historical price sentiments 2019 – 2023
STX went live in 2019 with a price tag of $0.21. Even by the end of 2020, the price has dropped to around $0.3. During the last week of the year, it climbed a little over $0.4. The STX value has undergone many notable price jumps throughout the year 2021. In April, the cost of Stacks rose to $2.7, a 10x increase compared to the previous year. Amid the market crash, STX’s price fell to $0.59 in July. The price rose to $3.61 in November 2021, an all-time high. After being inactive for most of December, STX was trading at $2.17 by the end of 2021. Furthermore, STX traded at $1.45 on April 5 with a market valuation of $1.9 billion (£1.4 billion). However, its cost has decreased since April, hitting a low of $0.01344 on May 1, 2022. The projection ahead was difficult for STX, the altcoin fell to $0.303 by June 15th. After an increase in volumes, Stacks 2022 closed at $0.2059. The Stacks price had a remarkable run during the year 2023 as it recorded gains of over 450%, leading the price to reclaim the $1 mark with a high of $1.3102
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and summarize it all in one place, just for you!
Frequently Asked Questions
With smart contract-based use cases, Stacks represents a significant edge in Bitcoin mining. So it can be an excellent long-term investment.
STX is a completely legal-to-buy coin and is a fully secure official cryptocurrency of Stacks.
The price of STX could rise as high as $5.22 by the end of 2024.
You can buy or sell Stacks STX tokens from various prominent cryptocurrency exchanges such as Binance, KuCoin, Gate.io, OKEx, etc.
The altcoin could catapult to a maximum of $6.01 by the end of 2025. With a potential rally, the price could rise as high as $12.53 by the end of 2030.
At the time of writing, the price of one STX was $1,806.
STX BINANCE
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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