Stacks token STX surged over 23%, making it the top performer among the top 100 cryptocurrencies by market cap. This rally was driven by the launch of self-custodial Bitcoin staking on September 10th, allowing BTC holders to earn yield while retaining custody of their coins. Network activity spiked significantly, with TVL rising from $83 million to $102 million in six days and DEX volume doubling, while chain fees increased tenfold. STX is holding a key support at $0.2260, the 200-day EMA level, but faces resistance in the $0.26-$0.30 zone, with a potential year-to-date high target at $0.4019, representing 38% upside from current prices.
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