Stacks (STX) fell to a six-year low of $0.13 due to market worries over its token tag on Binance, linked to the upcoming PoX-5 hardfork. Despite assurances from the Stacks team that the issue is being resolved, market sentiment turned negative, leading to increased selling pressure. The PoX-5 upgrade, scheduled for July 29, aims to enable trustless Bitcoin staking, but on-chain activity remains weak, with daily users dropping to 1.1k. If concerns ease, STX could recover to $0.16, but continued selling and low demand may push it below $0.13, with $0.10 as critical support.
Binance has placed Across Protocol (ACX), Lisk (LSK), and Stacks (STX) on its Monitoring Tag list starting July 24, 2026, signaling closer scrutiny of these tokens due to higher volatility and risk. The exchange will regularly review their liquidity,...
Tom Lee, co-founder of Fundstrat and chairman of BitMine, highlights a capital rotation from AI memory-chip stocks to Ethereum. Between June 25 and July 21, BlackRock’s iShares Ethereum Trust ETF (ETHA) outperformed the Roundhill DRAM ETF by 72 perce...
