$STX STX coin, the exclusive token of the Stacks blockchain, is a primary blockchain that runs in parallel with the Bitcoin blockchain, allowing developers to build decentralized applications (DApps) and tokens on it. Here are some key information about STX coin:

• Project Overview:

• Stacks (STX) aims to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC).

• Smart contracts on the Stacks network use the Clarity language, allowing the creation, ownership, and trading of new types of digital assets, such as tokens and digital collectibles.

• How It Works:

• Stacks connects to the Bitcoin blockchain through the Proof of Transfer (PoX) consensus algorithm, producing blocks in parallel with Bitcoin but is not a sidechain.

• Stacker can lock STX tokens, contribute to the Stacks blockchain, and receive Bitcoin as rewards during the locking period.

• Investment Value:

• As a leader in the BTC Layer2 track, its native token STX possesses long-term investment value.

• The price of STX will rise with the warming of each narrative hotspot, until the arrival of BTC Layer2 season.

• Technical Features:

• Stacks 2.0 is committed to innovating around the Bitcoin settlement protocol without changing Bitcoin itself, enabling native Bitcoin smart contracts and decentralized applications.

• Economic Model:

• The total supply of STX tokens is capped at 1.818 billion, while the current circulation is approximately 1.36 billion.

• STX is used to pay for smart contract fees and transaction fees, similar to gas fees in the Ethereum network, and operations on the network consume STX.

• Governance and Staking:

• Holding STX coins allows participation in project governance and enjoyment of corresponding reward mechanisms, providing investors with more opportunities to participate and benefit.

• Future Development:

• The long-term growth potential of Stacks will depend on technological innovation, community activity, and its synergy with Bitcoin.

In summary, STX coin, as the main token of the Stacks blockchain, has a unique technological advantage in introducing smart contracts and DApps to the Bitcoin network, demonstrating positive market performance and investment value.