Stacks STX

Where STX sits in the market

#112 places Stacks in the top of the mid-cap band. Liquidity is already fragmented at this depth: a large share of real STX volume can sit on two or three venues, so a quote on a secondary exchange may lag the primary market by seconds and by more than a basis point. Position size matters more than entry timing here.

CryptoPingAi is currently streaming 6 live STX order books (Binance, OKX, Bitget, Gate.io, Upbit, Bithumb). That is wider coverage than most assets ranked near #112 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

STX against its all-time high

STX trades 92.7% below its $3.86 record (on 2024-04-01), which puts a 13.7x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. That high was set 3 years ago, recently enough that it still anchors how most current holders frame the asset.

STX across its historical range

The recorded range runs 84.7x, from $0.0456 to $3.86 — wide by the standards of traditional assets, moderate for this one's class.

STX trades roughly 6.20x above its record low of $0.0456 (on 2020-03-13). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

STX supply structure

There is no fixed maximum supply for STX. Total supply stands at 1.84 billion STX and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. With a supply in the billions, the quoted price is low enough that a single cent of movement is a large percentage swing; size your thresholds in percent, not in cents.

What kind of asset STX is

Stacks is a layer-2 or scaling asset, which means its economics are downstream of a base chain. Fee revenue depends on how much activity migrates to it, and the competitive set is crowded — several rollups compete for the same transactions with near-identical technical claims. Sequencer decentralisation and the fee split with the settlement layer are the structural questions.

CoinGecko files STX under 10 categories, including Infrastructure, Layer 2 (L2), Bitcoin Sidechains, Stacks Ecosystem, SideChain. Worth flagging from the metadata: STX is a constituent of the GMCI 30 Index.

How to set a Stacks alert that is worth receiving

Stacks (STX) — quoted on 6 venues we stream — high dated 2024-04-01 — rank #112. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →