Summary
TLDR: STX, the native token of Stacks, has surged almost 20% to $2.87 after a halving event, outperforming Bitcoin which has only risen 4.7% to $66,300. STX is one of the top-performing cryptocurrencies in the past 24 hours.
Key Points
1. The STX token, native to the Stacks network, has increased by nearly 20% to $2.87 following a quadrennial halving event that reduced the per block coin emission from 6.25 BTC to 3.125 BTC.
2. In comparison, Bitcoin has seen a more modest gain of just over 4.7%, reaching a price of $66,300 during the same period.
3. STX has emerged as one of the top-performing cryptocurrencies in the past 24 hours, according to data from Velo Data, showcasing its potential and market strength.