Today's Blockstack Price Summary
Blockstack's price today is $1.93 USD, with a 24-hour trading volume of $318,990,264 USD. STX is up 4.92% in the last 24 hours. Blockstack is currently ranked #48 with a market capitalization of $2,888,273,412 USD.
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Ranked # 48
Price
$1.93 (5%)
All Time High
$3.86 (-50%)
Market Cap
$2,888,273,412
Volume (24h)
318,990,264
Circulating Supply
1,501,444,242 STX
Max Supply
1,818,000,000 STX
About Blockstack
Blockstack is an innovative blockchain platform designed to extend Bitcoin's usability and accessibility. It integrates smart contract technology, enabling faster transactions than traditional Bitcoin operations. The platform was first introduced in 2015, with the latest upgrade, Blockstack 2.0, announced in October 2020.
The Role of STX Tokens
STX is the native Stacks token used within the Blockstack ecosystem. It serves a crucial role in paying new asset registration fees and tracking the processing status of payments on the platform. With the advent of Stacks 2.0, STX tokens will also fuel Clarity, a new smart contract platform, and be used to pay miners rewards.
Blockstack Proof-of-Transfer System
The Proof-of-Transfer (PoX) system in the Blockstack ecosystem has been instrumental in attracting developers and capital due to its transparency and compliance with US government regulations.
Participation in the Blockstack Ecosystem
Users can participate in the Blockstack ecosystem either by joining the STX mining group or through "Stacking," which rewards stackers with BTC for staking STX tokens.
Empowering Users Through PoX Technology
At its core, Blockstack utilizes PoX (Proof of Transfer) technology—an upgrade from Bitcoin's Proof of Work (PoW). This consensus mechanism replaces traditional methods like crypto burning or mining. With Blockstack and PoX technology, users not only own their data but also generate crypto revenue—ushering a shift towards greater online autonomy while incentivizing user contribution within the community.
With over 400 applications published and more than 2 million registered users worldwide, Blockstack continues to grow as it offers some of the most popular tools to a broader audience. The launch of Stacks 2.0 is expected to attract even more users and developers, further solidifying Blockstack's position in the blockchain industry.
Sources:
What is Blockstack All-Time High price (ATH)?
On April 1st, 2024 12:34:58 PM, Blockstack hit a historic high of $3.86 USD. It has been about 7 months ago since Blockstack reached its peak.
What is Blockstack All-Time Low price (ATL)?
On March 13th, 2020 02:29:26 AM, Blockstack reached a bottoming price of $0.0455963900 USD. About 4 years ago has passed Blockstack has seen such a low price.
Community Posts
Blockstack
at
$0.56
on
Jan 14, 2021
Muneeb Ali (Co-founder, Stacks, and CEO, Hiro PBC) gives a talk on "Bitcoin & The Next Internet" at the Stacks 2.0 Mainnet Launch event on January 14, 2021. www.youtube.com/...kLxZU
Muneeb Ali: Bitcoin & The Next Internet | Stacks 2.0 Launch
youtube.com
Blockstack
at
$0.26
on
Dec 23, 2020
Great work from the Blockstack team for releasing Stacks 2.0, a layer-1 blockchain that connects to Bitcoin and brings smart contracts and #DApps on its network. The Stacks platform benefits from the security, stability, and economic power of Bitcoin through its native integration. twitter.com/...?s=20
ICYMI: Stacks 2.0 is feature complete 💪.
— Stacks Ecosystem (@blockstack) December 18, 2020
All planned features are now implemented so the time leading up to Jan 14th will be used to fix bugs, improve performance, write docs, and polish any rough edges.
Read more: https://t.co/jHhaS2Y2cY
End of content
That's all we got for #Blockstack
1 year ago