Stacks (STX) surged about 12% on October 1, 2026, driven by the return of founder Muneeb Ali as CEO and progress in its Bitcoin staking product, the Genesis Bond. The leadership change signals renewed confidence, while institutional participation, including 21Shares, adds credibility. The upcoming Bonding Period 2 launch on October 10 is the next key event that could sustain demand. STX’s price is closely tied to Bitcoin ecosystem developments and institutional interest in Bitcoin-native yield products.
Stacks (STX) shows strong market activity on Pluang with a market cap of Rp12,31 trillion and a 24-hour trading volume of Rp2,35 trillion as of October 1, 2026, 22:22 WIB. The token's price is up 13.72% on the day, slightly above the article's noted 12% surge, reflecting active trading despite a majority of sell orders at 66%. Typical hold time on Pluang is 46 days, indicating moderate investor commitment during this period of renewed leadership and product development.
