• Home
  • STX Surges After Nakamoto Upgrade, sBTC Launch

STX Surges After Nakamoto Upgrade, sBTC Launch

The Most Important Points Summarized:

  • STX has implemented a significant upgrade called the “Nakamoto Upgrade.”
  • The transaction speed on the Stacks platform has been significantly improved.
  • A new token called “sBTC” has been introduced to bring Bitcoin and Stacks closer together.
  • The STX price is approaching key resistance levels, particularly the $2 mark.

STX Implements the Nakamoto Upgrade

Stacks (STX), a layer-2 platform built on Bitcoin, has recently released a significant upgrade called the “Nakamoto Upgrade.” This upgrade is a milestone for the platform and brings substantial improvements in terms of transaction speed and efficiency. According to official sources, the upgrade was activated at Bitcoin block 867,867 and has successfully reached block 867,900.

With this update, Stacks’ block production is decoupled from Bitcoin, meaning transactions can now be processed within seconds. This represents a notable improvement over the previous speed and could make the network more attractive for broader adoption.

Introduction of sBTC: A New Token for Bitcoin Integration

In addition to improving transaction speed, Stacks has introduced a new token called “sBTC.” This token aims to bridge Bitcoin and the Stacks ecosystem, facilitating interaction between the two networks. The goal is to provide Bitcoin users with a faster and more decentralized way to conduct transactions within the Stacks network.

alert-circle
You can also find us on Telegram: Click here to follow our Telegram channel.

The introduction of sBTC could significantly enhance the utility of both Bitcoin and STX within the network and offers an interesting opportunity for investors looking to benefit from the close integration of the two cryptocurrencies.

Key Price Levels for STX in Focus

Following the Nakamoto Upgrade, the STX token has shown positive price development. The price increased by more than 7%, breaking through key technical levels that had not been reached in recent months. The token is now approaching its 50-day moving average, which could act as support if the uptrend continues.

However, a critical resistance point lies just below the psychological level of $2. Previous rallies have stalled at this threshold, suggesting that selling pressure could emerge again. However, if the token manages to break through this level, it could signal additional price gains.

Opportunities for Sustainable Growth

The Nakamoto Upgrade could mark the beginning of a new growth phase for STX. The faster transactions and the introduction of sBTC provide a solid foundation for future developments. Technical indicators point to favorable conditions for the continuation of the uptrend. If STX can break the resistance at $2 and hold its support, the token could unlock further potential in the coming weeks.

Our Assessment

The Nakamoto Upgrade puts STX in a strong position to benefit from increased integration with Bitcoin. The improvements in transaction speed and the introduction of sBTC could significantly boost interest in the platform. However, investors should closely monitor the technical levels, particularly the $2 mark, which is considered a key level for future price developments. Overall, STX offers a lot of potential following the upgrade, but remains vulnerable to short-term setbacks if key support levels cannot be maintained.

100% without limit + 100 Free Spins
Welcome bonus
Cryptocurrencies (20)
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • bonk logo
  • cardano logo
  • Dogecoin Logo
  • Ethereum Logo
  • Floki Coin Logo
  • Litecoin Casino
  • Pepe Coin Logo
  • Polygon (MATIC) Signet
  • xrp logo
  • Tamadoge Logo
  • usdt logo
  • toncoin logo
  • tron-logo
  • usd-coin-logo
Login Methods (4)
  • email icon
  • metamask logo
  • trustwallet logo
  • walletconnect logo
CoinKings review
Bonus Information CoinKings
Wagering requirements 35x bonus
35x free spins winnings
Minimum deposit €20
Maximum bet €5
Bonus validity 30 days to claim
14 days to wager / 7 days for free spins
  • There is no maximum bonus amount.
  • 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
How did we rate this casino

In addition to an unlimited bonus, Coinkings.io has a lot to offer. We have a high tolerance for VPNs, an impeccable selection of cryptocurrencies and, above all, an experienced team that immediately provided a wide range of games. In combination, all of this is very convincing.

Author & Responsibility: Gregor Ziegler
Last update by Abby Richards on February 25, 2025
The Curaçao Gaming Control Board Logo (onlight)
Curaçao
Licence
Up to 1.03 BTC + 225 Free Spins
Welcome bonus
Cryptocurrencies (32)
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • bonk logo
  • cardano logo
  • Chainlink_Logo
  • dai-logo
  • dash logo
  • Dogecoin Logo
  • Ethereum Logo
  • Floki Coin Logo
  • Litecoin Casino
  • neo logo
  • Melania Coin Logo
  • Official TRUMP coin logo
  • Pepe Coin Logo
  • Polygon (MATIC) Signet
  • xrp logo
  • sui logo
  • usdt logo
  • toncoin logo
  • tron-logo
  • usd-coin-logo
  • Zcash Signet (black)
Login Methods (2)
  • email icon
  • google logo
Bets.io review
Bonus Information Bets.io
Wagering requirements 40x bonus
40x free spins winnings
Minimum deposit 0.0005 BTC
Maximum bet 0.00004 BTC
Bonus validity 30 days after registration
14 days (1st), 7 days (2nd), 1 day (3rd)
  • To get the bonus, enter the bonus code before the deposit.
  • Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
  • Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
  • Free spins are provided in batches of 25 per day.
  • Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
How did we rate this casino

Bets.io stands out as one of our top-rated crypto casinos. It combines everything you love about Dama casinos — like a stellar game selection and rock-solid reliability — with a refreshing twist: no frustrating KYC processes and no outdated payment methods.

Author & Responsibility: Steven Harper
Last update by Isabella Brown on February 19, 2025
Anjuan Gaming
Anjouan
Licence
Costa Rica Online Casinos
Costa Rica
Licence
Up to $1,600 + 400 Free Spins
Welcome package
Cryptocurrencies (60)
  • AMP Coin
  • Ampleforth Coin
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • cardano logo
  • Chainlink_Logo
  • dai-logo
  • dash logo
  • Dogecoin Logo
  • Ethereum Logo
  • hedera logo
  • Litecoin Casino
  • Official TRUMP coin logo
  • Polygon (MATIC) Signet
  • xrp logo
  • sui logo
  • usdt logo
  • toncoin logo
  • tron-logo
  • usd-coin-logo
  • yearn finance logo
Login Methods (8)
  • email icon
  • google logo
  • line logo
  • metamask logo
  • steam logo
  • walletconnect logo
  • whatsapp logo
  • x logo
BC.Game review
Bonus Information BC.Game
1st deposit 120% up to $500 + 100 Free Spins
2nd deposit 100% up to $300 + 100 Free Spins
3rd deposit 150% up to $500 + 100 Free Spins
4th deposit 100% up to $300 + 100 Free Spins
Wagering requirements 45x deposit + bonus
40x free spins winnings
Minimum deposit $10 (1st)
$15 (2nd-4th)
Maximum bet $5 per round
Bonus validity 30 days to claim, 7 days (1st-4th)
7 days for free spins
  • You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
  • You must select the desired bonus during the deposit process.
  • There is a maximum withdrawal limit of $10 from winnings derived from free spins.
How did we rate this casino

BC.Game has become the leading crypto casino, outshining other major competitors. The rewards, proprietary stablecoin, welcome bonus, and game selection all stand out. And our review of BC.Game left us pleasantly surprised.

Isabella Brown
Author & Responsibility: Isabella Brown
Last update by Abby Richards on March 11, 2025
The Curaçao Gaming Control Board Logo (onlight)
Curaçao
Licence

Latest News

Created by

I have enjoyed following the international iGaming industry since my first encounter at the age of 23. Fascinated by its diversity and complexity, I was hooked and have never left the industry since. Here at KC, I am a proud member of the founding team as well as the content team. We use everyone's knowledge to find every possible flaw in a casino so you can relax and play.

Last update: October 30, 2024

kryptocasinos.com Logo Advertising transparency

We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.

Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.

We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.

Why trust us?

We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.

🍪
We use cookies. By using this site, you accept them.

Compare Casinos Choose up to 3 casinos to compare