Stacks surged over 18% in 24 hours, driven by its strong correlation with Bitcoin, which is trading above $77,000 four days after establishing a bottom above $62,670. STX token trading volume jumped by 145%, fueled by the BTCFi narrative and speculative positions around Bitcoin staking for institutions. With a correlation coefficient of 0.97 with BTC, STX needs to break through the $0.16-$0.17 resistance zone in the short term to maintain its market structure, then reclaim $0.26 to confirm a true shift into premium territory and target this year’s peak at $0.40.
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