Stacks price forecast: STX extends rally ahead of SIP-031 improvement proposal voting

Stacks continues to perform well, experiencing a 10% intraday increase and extending its weekly growth to 30%. The proposal SIP-031 aims to boost funding for dApps and infrastructure within the Bitcoin ecosystem, with significant investor interest.

The voting for SIP-031 began on June 25 and will conclude on July 9. Approval will increase Stacks’ annual emissions, aiming for growth and resilience in the ecosystem, supported by a noticeable increase in Open Interest.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts