The Stacks (STX) token has recently gained popularity, being included in Grayscale’s list of top 20 crypto assets with potential for returns.
In the past week, STX’s price has boostd by 12%, contributing to a 30% gain in value over the last month. As the Nakamoto upgrade nears, the future of the Stacks blockchain and its token appears to be promising.
The Nakamoto hard fork, scheduled for October 30, will improve the blockchain’s performance by separating Stacks block production from Bitcoin’s block schedule. This change will reduce confirmation times and improve overall transaction speeds.
The Nakamoto upgrade will also address issues related to miner extractable value (MEV) by making the cryptographic sortition algorithm more resistant to manipulation.
The Stacks blockchain will soon be upgraded to enhance transaction speed and security capabilities.
