Stacks xarid qiling.

Stacks (STX) is the native token of the Stacks blockchain, a layer-1 network that brings smart contracts and decentralized applications (dApps) to Bitcoin. Unlike other blockchains that operate independently, Stacks is uniquely designed to extend Bitcoin’s functionality without altering its core protocol — enabling developers to build Web3 apps that settle on the most secure blockchain in the world.

Stacks uses a novel consensus mechanism called Proof of Transfer (PoX), which anchors Stacks blocks to Bitcoin. This design enables smart contracts on Stacks to interact with Bitcoin’s state, bringing programmability and utility to BTC while preserving its base-layer security and finality. Users can mint NFTs, build DeFi applications, and create DAOs — all with Bitcoin as the settlement layer.

The STX token plays a critical role in powering the Stacks ecosystem. It’s used to pay for gas fees, secure the network through staking, and participate in on-chain governance. Additionally, STX holders can earn BTC by locking their tokens in a process called “Stacking,” which helps secure the network while distributing native Bitcoin rewards.

STX is currently priced at $0.35, with a market capitalization of $636,172,618. The token reached its all-time high of $3.86 on April 1, 2024. There are 1,821,785,679.86 STX tokens in circulation, from a total supply of 1,821,785,679.86, with the maximum supply capped at .

Stacks adds programmability to the Bitcoin network while maintaining a separate consensus mechanism anchored to Bitcoin’s security model.

You can buy Stacks with your credit or debit card through Nexo, or select another preferred payment method to access the token. If you’re ready to proceed, head over to the Nexo Exchange and buy STX.