Stacks, a second-layer Bitcoin solution, has been consistently in the news lately, with key developments amplifying its visibility in recent weeks. An important highlight includes Stacks' successful testnet launch of sBTC, bringing Bitcoin closer to the Aptos Network. In other significant news,
Bitcoin L2 Stacks is set to receive a sizeable liquidity increase from Velar's STX/stSTX Stableswap Pool, reinforcing the ecosystem's robustness. Notably, Stacks has also initiated the rollout of its
Nakamoto Upgrade, expected to deliver speed enhancements to the Bitcoin Network. Stacks’ smart contracts also reached a record high, ahead of this promising upgrade. Moreover, Stacks Blockchain nodes can now be deployed on
AWS, thanks to the AWS Blockchain Node Runners Stacks blueprint, encouraging greater adoption. In corporate news, Stack Capital Group successfully completed its final tranche of a $16.7 million financing round. Looking ahead, a grand 'Tall Stacks-like' festival is scheduled for 2025, although it is unclear if there is a direct connection to the Stacks project. Overall, these updates present a dynamic and positive picture of Stacks' positioning in the cryptocurrency space.
Stacks News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Wed, 27 Nov 2024 23:14:00 GMT -
Rating 8
- Innovation 8
- Information 9
- Rumor 6
