After revealing plans to introduce DeFi to Bitcoin, the price of Stacks (STX) increased by 195%

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Stacks (STX) prices rose 195% after revealing plans to introduce DeFi to Bitcoin

(Ethereum) Is currently in the leading position in terms of smart contract functions and the number of projects running on its network, but the promotion is in (Bitcoin) Is receiving the attention of advocates such as Square CEO Jack Dorsey, who are the first to introduce decentralized finance (DeFi) into the Bitcoin network.

A project that aims to combine the functions of DeFi with the security of the Bitcoin network is Stacks (STX), a first-layer blockchain protocol designed to integrate smart contracts and decentralized applications (dApps) Introduce the Bitcoin network.

STX/USDT 4-hour chart. source: Transaction view
VORTECS™ score (green) and STX price. source: Cointelegraph Markets Pro