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Home/News Feed/Stacks hits 1.6M wallets as Bitcoin DeFi grows with new staking and upgrades

STX

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Stacks hits 1.6M wallets as Bitcoin DeFi grows with new staking and upgrades

Protocol Fundamentals

18 Jul 2026

Crypto Briefing

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Bullish

Stacks protocol has reached 1.6 million total wallets, marking significant user adoption beyond niche use. Recent developments include the launch of stBTC, a liquid staking token allowing Bitcoin holders to earn yield while using tokens in DeFi. The proposed PoX-5 upgrade aims to stabilize staking rewards with a new reserve fund, and integration with Fireblocks opens access to institutional capital. These moves signal a maturing ecosystem expanding Bitcoin's DeFi potential.

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Protocol Fundamentals

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