**Stacks Hits Record High in Smart Contracts Ahead of Nakamoto Upgrade**

Stacks, the Bitcoin network's smart contract layer, has hit a new all-time high with over 1,400 smart contracts deployed in a month. This milestone comes just before the much-anticipated Nakamoto upgrade, which began rolling out on August 28.

The Nakamoto upgrade is set to revolutionize Bitcoin-based decentralized finance (DeFi) by enhancing performance and security. It will also reduce Stacks' block time to five seconds and ensure 100% Bitcoin finality.

The final activation of the upgrade is just days away, with Stacks' Bitcoin-backed token, sBTC, expected to launch four weeks post-upgrade.