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Stacks (STX) Skyrockets 15% As STX20 Inscription Minting Causes Network Congestion

source-logo  coingape.com 18 December 2023 10:10, UTC

Bitcoin layer for smart contracts Stacks recording a massive increase in the number of transactions in the last few hours, similar to the Bitcoin blockchain amid Ordinals inscriptions activity. Today, the Stacks block 132,377 contained 10,371 transactions, the highest ever transaction count in a block in Stacks history. As a result, STX price pumps over 10%.

coingape.com