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Chris Burniske has tipped Stacks alongside Lightning Network as the next major push for Bitcoin's growth.

With Bitcoin-based NFTs attracting the market's attention, Stacks appears to be enjoying the spotlight with a steady rise in activity.

Stacks (STX) continues to outperform other cryptocurrencies in the top 100 list of CoinMarketCap and Coingecko, as the Bitcoin Layer 2 project advances to profit from the Ordinals buzz. Since rebounding from the 20-day EMA on February 17, the cryptocurrency continues its strong ascent through the weekend.

STX, the cryptocurrency that power's the Stacks protocol, a layer-2 scaling solution built on top of Bitcoin that aims to bring smart-contract programmability to the Bitcoin ecosystem, is pulling back on Monday after seeing a big pump on Sunday. STX/USD was last changing hands around $0.5750, down around 8% on the day and lower by around 30% versus the nine-month highs it hit earlier in the session in the $0.84 area.

30-Day Trading Volume for Stacks-based NFTs

Bitcoin (BTC) layer 2 (L2) network Stacks Network (STX) has risen by around 50% in the last 24 hours to $0.58533, according to CryptoSlate's data.

Stacks (STX), the native token of Bitcoin layer 2 Stacks Network, managed to stand out today after making spectacular gains over the last 24 hours. STX has been in a consistent uptrend for the past four weeks.

Stack Network is a Bitcoin layer 2 for smart contracts aimed at unleashing the world's oldest blockchain's potential as a programmable platform.

The crypto market might be down in 2022, but a few altcoins have started to show signs that they could break out.

Stacks (STX/USD), TRON (TRX/USD), and Casper Network (CSPR/USD) are some of the best cryptocurrencies you can get on December 12, 2022. Stacks, TRON, and Casper Network all feature cryptocurrencies which have a lesser value than $1 but have huge growth potential due to a high level of network activity.

The general cryptocurrency market recovery path is yet to pick up steam, with most digital assets consolidating. At the same time, the market is looking for bullish triggers as the sector comes to terms with the impact of the FTX cryptocurrency exchange collapse.

The broader cryptocurrency market is consolidating, with most digital assets looking for a bottom. The ongoing consolidation comes after the widespread effects of the FTX cryptocurrency exchange collapse.

The broader cryptocurrency market is consolidating, with most digital assets looking for a bottom. The ongoing consolidation comes after the widespread effects of the FTX cryptocurrency exchange collapse.

Earlier today, the Stacks coin price witnessed a huge pump and reached $0.335. However, the prices couldn't sustain the higher price and reversed immediately, leaving a long higher price rejection candle.

The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

The global crypto market has witnessed a speedy change in performance. The value of Bitcoin, Ethereum, and others improved significantly due to the influx of capital.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

SPONSORED POST* The cryptocurrency market is based on predictions, and predictions can never be wrong or right at all times.  Expert analysts and the ‘Smart money' get it wrong sometimes too, so it's always better to play safe in the coin market.

The markets are a truly strange beast. Most serious crypto analysts and investors will swear that, for a token to be successful, it needs a solid use-case.

Are you looking for a few tokens that have the chance to reach all-time highs and beyond? The crypto market has had a tough few months, but that doesn't mean there isn't money to be made anymore. There is. You just have to know where to look.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

The global crypto market has changed its direction as various coins have turned bullish. The value of Bitcoin saw improvement as it reduced losses.

Decentraland (MANA/USD), Stacks (STX/USD) and Enjin Coin (ENJ/USD) are some of the best metaverse-related cryptocurrencies that you can get on August 4, 2022. On July 28, 2022, Decentraland announced a new SDK, known as the SDK 7 Manifesto.

The crypto market cap rose by almost $23 billion in the trading hours bringing the market capitalization to $1.6 Trillion.