{"id":246839,"date":"2024-02-14T02:08:28","date_gmt":"2024-02-13T20:38:28","guid":{"rendered":"https:\/\/dripp.zone\/news\/stacks-price-rally-eyes-2-5-as-tvl-growth-fuels-recovery-momentum-crypto-news\/"},"modified":"2024-02-14T02:08:31","modified_gmt":"2024-02-13T20:38:31","slug":"stacks-price-rally-eyes-2-5-as-tvl-growth-fuels-recovery-momentum-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/stacks-price-rally-eyes-2-5-as-tvl-growth-fuels-recovery-momentum-crypto-news\/","title":{"rendered":"Stacks Price Rally Eyes $2.5 As TVL Growth Fuels Recovery Momentum &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Stacks Price: As the cryptocurrency market was reveling in the Bitcoin price surge to $50,000, the latest <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wall-street-estimates-for-us-cpi-and-core-cpi-bitcoin-btc-price-to-45k-or-55k\/\">US CPI data<\/a> release triggered an abrupt sell-off on Tuesday. According to the Bureau of Labor Statistics\u2019 latest release, the Consumer Price Index (CPI)\u2014a gauge for the average price shift in goods and services purchased by households\u2014advanced by 0.3% in January.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">High inflation may prompt central banks to raise interest rates, which can dampen investor sentiment toward risk assets, including cryptocurrencies, and run to safer assets.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/bitcoin-price-pre-halving-rally-can-spot-etfs-drive-btc-to-55k-this-week\/\">Bitcoin Price Pre-Halving Rally: Can Spot ETFs Weather The Storm As CPI Report Shakes BTC<\/a><\/p>\n<h2><b>Will Stacks Price Prolong Recovery Trend?<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/3\/3qP1O1mO.png\" alt=\"BINANCE:STXUSDT Chart \" width=\"1946\" height=\"937\"\/><\/noscript><figcaption class=\"wp-caption-text\">Stacks Price| Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">By the press time, the leading cryptocurrency <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/phases-of-bitcoin-halving\/\">Bitcoin<\/a> trades at $48990 with an intraday loss of 1.7%. As per crypto analytics firm Coinglass, <\/span><span style=\"font-weight: 400;\">a total of 51,699 traders faced liquidation, culminating in liquidations amounting to $154.85 million over the last 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While this downtick triggered a sudden selling pressure in the altcoin market, the Stacks coin continued to prolong its bullish trajectory, with a 7.8% uptick.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">In line with broader market recovery, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/stacks\/\">Stacks price<\/a> picked up bullish momentum in February\u2019s second week when the price rebounded from $1.45 support. The positive turnaround triggered a 9-day winning streak and recorded nearly 50% growth to $2.157.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recent insights from DefiLlama, an on-chain analytics aggregator, indicate that Stacks has seen its total value locked (TVL) soar to $70.21 million. This represents a substantial growth of over 50% in the last three weeks. This development represented capital commitment within Stacks\u2019 DeFi ecosystem, reflecting the overall engagement and trust of investors in its financial protocols.<\/span><\/p>\n<figure id=\"attachment_180267\" aria-describedby=\"caption-attachment-180267\" style=\"width: 1493px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-180267 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Stacks Total Value Locked\" width=\"1493\" height=\"509\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55.png 1493w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-300x102.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-1224x417.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-768x262.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-150x51.png 150w\" data-lazy-sizes=\"(max-width: 1493px) 100vw, 1493px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-180267 size-full\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55.png\" alt=\"Stacks Total Value Locked\" width=\"1493\" height=\"509\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55.png 1493w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-300x102.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-1224x417.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-768x262.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/image_2024-02-14_01-30-55-150x51.png 150w\" sizes=\"auto, (max-width: 1493px) 100vw, 1493px\"\/><\/noscript><figcaption id=\"caption-attachment-180267\" class=\"wp-caption-text\">Stacks Total Value Locked| DefiLlama<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Amid the current recovery, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/stacks-price-eyes-2-as-trading-volume-jumps-36\/\">STX<\/a> price gave a decisive breakout from the last swing high resistance of $2.06. The post-breakout rally may surge the altcoin to $2.475, followed by $2.82.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/michael-saylor-how-much-money-did-michael-saylor-make-from-bitcoin\/\">Michael J. Saylor : How Much Money Did Michael Saylor Make From Bitcoin?\u00a0<\/a><\/p>\n<h2><b>Technical Indicator<\/b><\/h2>\n<ul>\n<li><b>Bollinger Band: <\/b><span style=\"font-weight: 400;\">The rising upper boundary of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/bollinger-band\/\">Bollinger Band indicator<\/a> hints the buyers currently dominate this asset.<\/span><\/li>\n<li><b>Average Directional Index: <\/b><span style=\"font-weight: 400;\">The ADX slope at 21% indicates the current recovery is far from exhaustion.<\/span><\/li>\n<\/ul>\n<p>Related Article: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/will-the-crypto-market-rally-continue-or-retreat-ahead\/\">Bitcoin\u2019s Meteoric Rise: Can the Crypto Market Maintain Momentum?<\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/stacks-price-rally-eyes-2-5-as-tvl-fuels-recovery\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/stacks-price-rally-eyes-2-5-as-tvl-fuels-recovery\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA180266\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD180266\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/bitcoins-milestone-the-significance-of-the-50000-mark\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-50k.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Bitcoin's Milestone: The Significance of the $50,000 Mark\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-50k.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-50k-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-50k-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/div>\n\n\n                \n\n<div class=\"Educontent\">Bitcoin\u2019s Milestone: The Significance of the $50,000 Mark <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/withdraw-crypto-to-visa-easy-steps-with-metamask\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-image-60.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Withdraw Crypto to Visa: Easy Steps with MetaMask!\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-image-60.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-image-60-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-image-60-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/div>\n\n\n                \n\n<div class=\"Educontent\">Withdraw Crypto to Visa: Easy Steps with MetaMask! <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/ask-qx-vs-chatgpt-which-ai-is-better\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-qx-lab-ai1706971449039.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Ask QX vs. ChatGPT: Which AI is better?\" decoding=\"async\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-qx-lab-ai1706971449039.jpg 640w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-qx-lab-ai1706971449039-225x300.jpg 225w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/cropped-qx-lab-ai1706971449039-150x200.jpg 150w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/div>\n\n\n                \n\n<div class=\"Educontent\">Ask QX vs. ChatGPT: Which AI is better? <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n     \n                              \n          <\/div>\n\n\n    \n          \n \n    \n            \n    <\/div>\n\n        --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stacks Price: As the cryptocurrency market was reveling in the Bitcoin price surge to $50,000, the latest US CPI data release triggered an abrupt sell-off on Tuesday. According to the Bureau of Labor Statistics\u2019 latest release, the Consumer Price Index (CPI)\u2014a gauge for the average price shift in goods and services purchased by households\u2014advanced by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":246840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-246839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=246839"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246839\/revisions"}],"predecessor-version":[{"id":246841,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246839\/revisions\/246841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/246840"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=246839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=246839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=246839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}