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Home/News Feed/Stacks (STX) jumps 18% as Bitcoin strength boosts its Layer 2 token's rally

STX

Rp2,843

+Rp444 +18.51%

Stacks (STX) jumps 18% as Bitcoin strength boosts its Layer 2 token's rally

Technical Signals

21 Aug 2026

AMBCrypto

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Bullish

Stacks (STX) surged over 18% in 24 hours, driven by its strong correlation with Bitcoin (BTC), which recently rose to $77,000. The altcoin's trading volume also increased by 145%, reflecting heightened market interest. Technical indicators suggest STX has broken out of a consolidation phase, with potential for further gains if it holds support above $0.17 and eventually surpasses the key $0.26 resistance. This rally is fueled by the BTCFi narrative, where Stacks acts as a Layer 2 solution enabling Bitcoin staking for institutions, linking its price closely to Bitcoin's performance.

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