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STX surges 100% in 90 days as institutional Bitcoin Staking boosts token demand

Protocol Fundamentals
07 Oct 2026
Crypto news
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Bullish
STX surges 100% in 90 days as institutional Bitcoin Staking boosts token demand

STX has risen over 100% in 90 days, driven by institutional Bitcoin Staking that requires STX tokens to back BTC positions. The Genesis Bond locked 230 BTC alongside 3.57 million STX from major firms, demonstrating growing institutional interest. This staking model creates ongoing demand for STX as more Bitcoin enters bonding periods, with future bonds and liquid staking expected to expand usage. The long-term outlook sees STX supporting both staking and network activity as Bitcoin capital markets develop on Stacks.

STX is currently trading at Rp7.125 on Pluang, showing a 4.96% increase as of Oct 07, 2026 19:18 WIB. The market cap stands at Rp12,68 trillion, reflecting significant investor interest. Buy orders dominate at 64%, indicating strong demand among Pluang users.

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