Stacks is an asset of a blockchain network designed for the Web 3 network and decentralized assets. The features and advantages of the project are ease of development, the use of a decentralized Gaia data storage network, a configurable not only Proof-of-Work mechanism, but also the reuse of hash power.

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ICYMI: Messari's report State of L1s Q1 2023📝

STX outperformed during Q1, driven by the popularity of Bitcoin Ordinals 🚀 

Stacks led featured L1s in ⤵️
⭐ QoQ growth in market cap (340%)
⭐ Revenue (218%)
⭐ Network usage (~35%)
⭐ DeFi TVL (276%)
⭐ DEX volume (330%).

Read the full report HERE ☚

ICYMI: Messari's report State of L1s Q1 2023. STX outperformed during Q1, driven by the popularity of Bitcoin Ordinals.