Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
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

Cronos

June 1, 2025

As the whale exit is strengthened, the $ 0.32 mantra: Om is at the turning point?

June 1, 2025

SEC back track for Rex-OSPREY Staked ETF

June 1, 2025
Add A Comment

Comments are closed.

Recent Posts

Cronos

June 1, 2025

Elevenlabs integrates Anthropic’s Claude Sonnet 4 for Advanced AI Voice Agent.

June 1, 2025

As the whale exit is strengthened, the $ 0.32 mantra: Om is at the turning point?

June 1, 2025

What should I expect from Ether Reeum price in June 2025?

June 1, 2025

Elevenlabs improves multi -mode conversation AI user interaction

June 1, 2025

SEC back track for Rex-OSPREY Staked ETF

June 1, 2025

NVIDIA expands AI training from GTC Paris to multilingual workshops.

June 1, 2025

SUI Prover improves smart contract verification in the SUI block chain

June 1, 2025

TRON Analysts predicts the following $ 0.30 rally, Unilabs Crosses Doge Volume.

June 1, 2025

Zero Knowledge Technology: In Linea’s study, the journey to the main net

May 31, 2025

Blockchain.com Nigeria in the court ruling

May 31, 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

Cronos

June 1, 2025

Elevenlabs integrates Anthropic’s Claude Sonnet 4 for Advanced AI Voice Agent.

June 1, 2025

As the whale exit is strengthened, the $ 0.32 mantra: Om is at the turning point?

June 1, 2025
Most Popular

Holiday gifting becomes easy with cryptocurrency-backed gift cards

December 19, 2023

Ethereum-Based Altcoin Plunges Nearly 78% After Team Deposits to Coinbase: On-Chain Data

January 2, 2024

8 Best Crypto Trading Bots In 2023 (Compared)

December 2, 2023
  • 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.