Stacks (STX), the Bitcoin smart contract platform, has surged over 30% to reach its all-time high following the approval of a significant network upgrade. The token, which enables developers to write smart contracts for the Bitcoin network, saw its prices soar to $3.65 before experiencing a slight pullback.
The momentum behind STX's price surge stems from the approval of a major upgrade to the Stacks protocol known as Nakamoto. The upgrade, announced by the Stacks Foundation on March 20, received overwhelming support from the community and governance votes, with over 2,700 accounts voting in favor. Notably, more than 150 million STX tokens from nearly 400 accounts supported the upgrade.
The Nakamoto testnet is scheduled to launch on March 25, with the mainnet activation expected in the last two weeks of May. This upgrade aims to enhance block times and network security, ensuring that transactions on Stacks become as irreversible as those on Bitcoin.
Stacks co-founder Muneeb Ali revealed that around $200 million in BTC yields will be distributed to users this year at current levels. This move highlights STX as the only digital asset offering native BTC yield, promising fast, affordable BTC transactions and full-featured smart contracts on the Stacks L2.
STX is not the only altcoin experiencing significant gains today. Ethereum and Solana have both seen double-digit increases, with Ethereum surpassing $3,500 and Solana trading at $190 at the time of writing. THORChain (RUNE) also saw a notable increase of around 19% to reach $8.73.
Meme coins, including Dogecoin, Shiba Inu, FLOKI, and PEPE, have also witnessed substantial gains, with FLOKI surging by 42% in a single day.
Alternative media platform, Rumble, who has built its brand around free speech and anti-censorship values, is facing one of its toughest years yet. Its stock has plunged more than 45% since January, its user base has shrunk, and investors have grown increasingly skeptical.
XingChiBarely 24 hours after announcing to reporters that he will be having a meeting with Chairman Xi in the weeks to come, Trump is now threatening to impose a tariff of up to 155% on Chinese goods if both countries do not reach a mutual agreement during the Asia-Pacific Economic Cooperation summit in Seoul.
XingChiEthereum continues to lead blockchain development, gaining more than 16,000 new developers between January and September 2025. Solana’s developer base is expanding rapidly, though some figures may be underestimated due to incomplete reporting.
WeatherlyCelebrity hairstylist Jawed Habib, his son, and an associate are accused of defrauding over 150 investors of Rs 5–7 crore through a fake crypto scheme. Police say they used his fame to gain trust and have issued lookout notices as investigations continue.
WeatherlyCompass Coffee in Washington, D.C., now accepts Bitcoin payments using Square’s terminals, with transactions settling instantly via the Lightning Network. The trial showed Bitcoin can work reliably for everyday purchases, allowing merchants to convert up to half of daily sales into crypto with no fees for the first year.
AnaisU.S. President Donald Trump has officially confirmed that the United States is in an active trade war with China, following his threat last week to impose a 100% tariff on all Chinese imports.
XingChiThe UK plans to return $7 billion in Bitcoin to Chinese investors after a major fraud case, with the criminals pleading guilty to money laundering. Authorities face challenges tracing claims and distributing the funds due to cross-border complexities and China’s crypto ban.
AnaisSteak ‘n Shake has scrapped its plans to accept Ethereum (ETH) payments after a fierce backlash from Bitcoin (BTC) supporters, exposing the deep-rooted tribal divide that continues to shape the digital asset world.
XingChiBhutan has moved its national digital ID system to the Ethereum blockchain, giving nearly 800,000 citizens more control over their personal data. The migration aims to improve security, privacy, and transparency, while the country also continues expanding its cryptocurrency holdings and blockchain initiatives.
AnaisChinese investors who lost money in a $6 billion Bitcoin Ponzi scheme face a long legal battle to reclaim their funds from 61,000 bitcoins seized by U.K. authorities, now worth over $7.4 billion. The case centres on Qian Zhimin, who pleaded guilty to money laundering, but tracing the coins back to individual victims remains highly complex.
WeatherlyNate Geraci, President of the ETF store, sheds light on the spot Ethereum ETF approval process, emphasizing the significance of SEC's greenlight on both 19b-4s and S-1s. Approval could catalyze mainstream adoption, while delays may heighten regulatory concerns, influencing market sentiment and Ethereum prices.
Xu LinStacks has been stuck in its position in the wave of Bitcoin ecological explosion.
JinseFinanceBitcoin prices are being pressured by interest rate concerns, net outflows from spot Bitcoin ETFs and the collapse of Mt. Gox.
JinseFinanceCrypto trader Altcoin Sherpa expresses bullish sentiment on Stacks (STX), with an entry point around $1.75, anticipating significant upside. The analyst also notes an uptrend for The Sei Network (SEI), suggesting consolidation around $0.58. For Bonk (BONK), potential upward movement is anticipated, with price targets at $0.0000163 and $0.0000180ish. Altcoin Sherpa's analysis provides insights for traders in the altcoin space within the Bitcoin ecosystem.
Huang BoPresently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s).
Bitcoin.comYuan fell to a 14-year low against the U.S. dollar early Wednesday.
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BitcoinistAll is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance.
CointelegraphBTC price tumbled back under $40,000 as on-chain metrics indicate dwindling demand from new investors, while long-term holders largely dominate the market.
CointelegraphAPE price could see more downside in the coming days as the Otherside hype cools down.
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