According to BlockBeats, on January 22, Muneeb Ali, founder of the Bitcoin Layer 2 network Stacks, expressed his congratulations to Donald Trump and David Sacks on social platform X for their historic victory, which he believes heralds a new era for Bitcoin and cryptocurrency in the United States.
Stacks, which originated in New York, is notable for being the first SEC-qualified token offering project and has conducted five years of reporting akin to a U.S. public company. As a leading Bitcoin Layer 2 network, Stacks is optimistic about the economic potential on the Bitcoin blockchain and the opportunities for American entrepreneurs to innovate using Stacks' infrastructure and programmable Bitcoin. Ali noted that the U.S. is once again welcoming entrepreneurship, and with the support of the new administration, the Stacks ecosystem is experiencing renewed vitality.
Additionally, STX, the native token of Stacks, has been included in CoinGecko's "Made in USA" token category.