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The long-awaited Nakamoto upgrade for the Stacks (STX) network, a layer-2 solution for Bitcoin, has finally begun.

STX has defied market trends to report intraday gains amidst the long-awaited Nakamoto upgrade.

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Bitcoin scaling network Stacks will get a 120x speed jump in confirming transactions, developers say of the Nakamoto upgrade.

Bitcoin layer-2 Stacks will receive a highly anticipated upgrade on Wednesday, augmenting its transaction confirmation time.

Stacks launches the Nakamoto upgrade, enhancing speed and introducing sBTC on the Bitcoin network.

TL;DR Stacks is preparing for the Nakamoto upgrade, which is set to begin this week and promises to revolutionize transaction efficiency on the Bitcoin layer-2 network. The STX token has increased by 68% from its August lows, reaching $1.79 and a market capitalization of $2.64 billion.

Stacks (STX), one of the top layer2 solutions on the Bitcoin ecosystem, plans to unveil its Nakamoto upgrade on Wednesday, August 28. The upcoming update marks a crucial milestone for Stacks Network as it will revolutionize the Bitcoin DeFi market through swift transaction settlement.

Stacks, the biggest Bitcoin layer-2 network, will be in the spotlight this week as the rollout of the Nakamoto upgrade starts. Stacks (STX) token was trading at $1.80 on Monday, Aug.

The Stacks Network's Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.

The Stacks Network's Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.

The Stacks Network's Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.

The Stacks Network's Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.

The market swung in favor of Stacks (STX) as the token continued its upward momentum. As of writing, CoinGecko notes a solid 18% gain in the past week as it captured the bullish momentum of the market despite the slight dip yesterday.

With the ongoing volatility in the cross-border payment system, the DeFi tokens have recorded a strong bullish recovery by displaying a positive price action over the past few days. Moreover, top tokens have successfully breached their important resistance levels, suggesting a bullish outlook.

BTCfi has found its inflection drivers, and it can soon become at least as big as defi on Ethereum.

As the Ethereum price continues hovering close to its $2,500 mark, top altcoins continue stumbling, highlighting a weak bullish sentiment in the crypto space. Positively, investors consider this to be an excellent opportunity to buy altcoins at a discounted price.

Stacks' (STX) price has surged 40% since hitting an eight-month low of $1.10 on August 5, amid a broader market downturn.

The talks centered on forming a new working group and Aptos Foundation becoming a Signer for Stacks. This partnership aims to boost Bitcoin development with innovations and resources, marking a major advancement in blockchain.

Altcoins like Stacks, Floki, Bonk, and Solana continued their recent rebound as traders bought the dip and as the crypto fear and greed index moved to the neutral point.

With the hostile market environment, Stacks (STX) has continued its downward spiral as bears mount the pressure. According to CoinGecko, the token is down nearly 23% since last week, worsened by the current correction phase the market has entered.

Stacks (STX) price is observing bearishness despite dropping by a little over 12% in four days.

Despite a general downturn in the cryptocurrency market, STX has shown resilience. Over the past 30 days, it has steadily increased in value, even as other altcoins faced significant losses.

Stacks' STX has defied market over the past month, recording a 16.7% price increase.