The post Stacks Price Prediction 2023, 2024, 2025: Is Stacks Coin A Good Buy For 2024? appeared first on Coinpedia Fintech News

We presently converse with the World Wide Web through centrally controlled services provided by giants such as Apple, Google, and many others. Blockstack pioneers, on the other hand, argued the point. They created an ecosystem that interconnects Decentralized applications and smart contracts, known as Stacks(STX).

STX Network shows up as a unique identity, leading to a massive increase in its market values. Again, Stacks is linked to the blockchain network. Stacks uses the Proof-of-Transfer (PoX) algorithm. It is practical because stakers could acquire Bitcoin by storing STX in their wallets, while miners could perhaps invest Bitcoin and receive STX in exchange.

We have your back if you are looking for the latest price prediction of Stacks with all the significant updates. Follow the forecast to the end to know more about the Stacks Price Prediction for 2023 and the years to come!

Overview

CryptocurrencyStacksTokenSTXPrice $ 1.13321956 20.14% Market cap $ 1,613,272,996.1873Circulating Supply 1,423,619,086.7498Trading Volume  $ 938,410,322.3212All-time high $3.61 on 16th November 2021All-time low $0.04501 on 13th March 202024 High $ 1.244024 Low $ 0.9818

*The statistics are from press time. 

STX Coin Price Prediction December 2023

Stacks has secured its place in one of the top gainers of the industry by adding more than 450% in its market valuation. Further, the price successfully reclaimed its $1 mark, indicating a massive bullish influence for this coin in the market.

Following the market price, the STX price traded in a consolidated range between $0.5800 and $0.6914 for almost a month. After multiple failed attempts, the bulls finally gained momentum, resulting in the price breaking out of the range.

Stacks recorded a jump of over 26% in value, but the rally was short-lived as the price faced rejection at $0.8028. The price then recorded a correction of 14%, but the bulls held the price at that level, resulting in a bounce back.

The STX coin price then traded under a bullish influence for the next few days, wherein the price displayed a run of over 80%, after which the price faced rejection at $1.2450.

TradingView: STX/USDT

The Relative Strength Index (RSI) recently breached the overbought range, indicating a massive buying pressure in the market. Further, the averages show a possibility of a bearish convergence, suggesting the price will undergo correction in the coming time.

The STX token has added . This will boost the token’s popularity in the coming years, increasing its maximum price to $2.00. Also, the value of STX crypto is not set up to decline below the price rate of $0.95, with an average trading cost of $1.475.

Stacks Crypto Price Prediction 2024

Stacks have experienced rapid growth in recent years. The features offered by the team have enabled new groundbreaking use instances of smart contracts on the globe’s first blockchain, that is, Bitcoin. 

The bulls will take over the Stacks market in 2024, harboring on to its significant adoption and growing availability. As a result, the maximum price of the Stacks will be manipulated by its widespread adoption and would zig-zag around $3.12.

On the flip side, the STX price is expected to acquire a low of $1.85 in 2024, with an average trading price of $2.48 for the year. As a result, investing in Stacks at current prices will be profitable in the long run.

Stacks Price Prediction 2023 – 2030

Price PredictionPotential Low ($)Average Price ($)Potential High ($)20241.852.483.1220252.983.754.5320263.674.445.2220274.335.176.0120285.186.066.9420295.846.857.8620307.138.179.21

Stacks Price Prediction 2025

Furthermore, STX will become more open and robust in 2025. Concentrating on that, programmers would be able to build on top of one another apps more efficiently to produce functionalities that seem to be not feasible in a typical app. All these facets will induce its price in 2025 to a maximum of $4.53.

However, pressure in the buying and selling could pull back the price to the minimum of $2.98, with an average of $3.75.

Stacks (STX) Price Prediction 2026

According to our analysts, STX prediction for the year 2026 could range between $3.67 to $5.22 and the average Stacks price could be around $4.44.

STX Crypto Price Prediction 2027

According to our analysts, Stacks price for the year 2027 could range between $4.33 to $6.01 and the average STX price could be around $5.17.

Stacks Coin Price Prediction 2028

According to our analysts, STX price prediction for the year 2028 could range between $5.18 to $6.94 and the average price of Stacks could be around $6.06.

STX Price Prediction 2029

According to our analysts, Stacks forecast for the year 2029 could range between $5.84 to $7.86 and the average price of STX could be around $6.85.

Stacks Price Prediction 2030

According to our analysts, STX predictions for the year 2030 could range between $7.13 to $9.21 and the average price of Stacks could be around $8.17.

Market Analysis

Firm Name202420252030Wallet Investor$1.325$1.659–priceprediction.net$1.28$1.80$11.44DigitalCoinPrice$2.78$3.92$11.97

*We have 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 Coin Price Prediction

Stacks grew in popularity in 2021, demonstrating its capability to implement real-world smart contracts on the Bitcoin ecology and platform. As per our price prediction for STX, investing in it can be an excellent long-term asset. 

Furthermore, STX, which added massive price to its valuation of the year, indicating a strong fundamental for this project. The maximum price of STX can be around $2.0 by the end of 2023, with a minimum price margin of $0.95. Also, the coin will average at $1.475.

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 into Bitcoin without modifying any details, that help make it so potent, including its stability and security.

Stacks is attempting to bring dApps to Bitcoin in terms of smart contracts. Such DApps are responsive and modular, implying that programmers can merge them to create features that would be hard to accomplish in a traditional platform. The platform’s primary goal is to unfold Bitcoin’s peak performance.

Furthermore, the Stacks ecosystem seeks power from its cryptocurrency, STX. It’s 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 the 4th quarter of 2020, it was renamed Stacks to distinguish the platform and open-sourced program from Blockstack PBC. This corporation created the original platform protocols. Stacks 2.0, for example, was live in January 2021.

Stacks are integrated into Bitcoin by its consensual system, forming a Proof of Transfer linkage across Bitcoin and Stacks (PoX). Proof of Transfer enhances Bitcoin’s Proof of Work (PoW) to advance elevated levels of decentralization and sustainability while conserving natural resources.

Stacks intends to create a solution that protects confidentiality by allowing only customers to govern their information. Furthermore, it might be called the Web’s application layer, which is currently managed by firms such as Facebook and Google.

Historical Price Sentiments 2019 – 2023

STX was live in 2019 with a price tag of $0.21. Even by the close of 2020, the price had fallen to about $0.3. During the last week of the year, it had climbed a little over to $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.

Amidst the market crash, STX’s price fell to $0.59 in July. 

The price soared 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.

STX token dropped to a three-month low of $0.9875 on February 24th and $1.90 on March 10th. Further, STX traded at $1.45 with a market valuation of $1.9 billion (£1.4 billion) on April 5th.

However, its cost has reduced since April, striking the low of $0.01344 on May 1st, 2022. The projection ahead was difficult for STX, the altcoin fell to $0.303 by the 15th of June. Following a surge in volumes, Stacks concluded 2022 at $0.2059.

The Stacks price had a notable run during the year 2023, as it recorded gains of over 450%, resulting in the price reclaiming 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 sum it all up in one place, just for you!

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Filed under: Bitcoin - @ December 5, 2023 1:25 pm