Stacks (STX) Tallies Over 6% In Last Week, What’s Pushing It?

Stacks, the layer-1 protocol that enables smart contracts on Bitcoin, have demonstrated incredible resilience amid bearish market trends. Stacks’ STX token price has increased by over 6% over the past week and joined top-gaining coins today with a nearly 0.53% price gain, while the broader crypto market plunged by 1.63% in the last day.
STX’s price moves have left investors wondering if it will soon conquer the $0.7 level, as its seven-day price range is between $0.532995 and $0