Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»STX separates and ‘builds’ value
ALTCOIN NEWS

STX separates and ‘builds’ value

By Crypto FlexsDecember 18, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
STX separates and ‘builds’ value
Share
Facebook Twitter LinkedIn Pinterest Email

reporter

Posted on: December 19, 2023


  • STX is up more than 9% over the past three days.
  • Stacks recorded the highest number of transactions at block height 132,377.

STX (STX) has shown encouraging signs recently. What is especially noteworthy are price movements that are at odds with the overall market trend.

The volume change in the stack is greater than 200%.

According to CoinMarketCap, Stacks has seen significant movement over the past 24 hours.

Data shows a 10% increase in market capitalization during this period, mainly due to the continued rise in prices over the past few days.

However, at the time of this writing, the market capitalization has declined significantly due to increased selling, but still remains above $1.5 billion.

stack volumestack volume

Source: Santiment

Despite the decline in market capitalization, trading volume continued to increase. Data from CoinMarketCap showed a surprising 200% increase in trading volume as of press time.

A deeper analysis using Santiment data shows that it is now worth over $308 million.

The volume chart provides a closer look at the eventful month. Trading volume at press time was the highest it has been in recent days, although not the highest for the entire month.

STX rose 2% compared to the previous stock price

The daily timeframe price trend for Stacks shows a consistent upward trend over the past three days. This marked a positive development for STX as it moved in the opposite direction of the general market trend.

The chart shows a notable 9% increase in value over these three days. At press time, Stacks was trading at around $1.08, reflecting a 2% increase in value. The price spike suggests an ongoing battle between buyers and sellers.

STX/USD price trendSTX/USD price trend

Source: TradingView

At the same time, the relative strength index (RSI) line exceeded 60. This means that STX is maintaining a strong bullish trend, indicating a strong upward price movement.

Why Stax gained momentum

According to data derived from AMBCrypto via Stack Explorer, there was a significant spike in transaction activity on the network at block height 132,377.

Explorer revealed a record total of 10,371 transactions at this block height, making it the highest number of transactions ever witnessed on the network.


How much is 1,10,100 STX worth now?


Notably, this transaction surge was primarily driven by STX-20 inscription issuance activity.

The resulting impact on both STX’s price trend and associated trading volume highlights the impact this heightened trading activity has on overall market dynamics.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025
Most Popular

Ripple CLO shares his unfiltered thoughts on Gary Gensler.

November 15, 2024

Binance launches XAI token launchpool unrelated to Elon Musk

January 4, 2024

DOGE breaks through $0.1055 barrier. Will the bulls head towards $0.1200?

September 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.