CoinTelegraph - Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concern

in blockchain •  2 years ago 

https://cointelegraph.com/news/stacks-stx-surges-as-bitcoin-nft-hype-grows-but-its-blockchain-activity-raises-concern
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Compared to other blockchains, as a Bitcoin sidechain Stacks enjoys a technical advantage with Bitcoin integration to support Ordinal NFT.

The possibility of Bitcoin NFTs being hosted on Stacks has pushed STX prices to annual highs, despite concerns.

That is, despite the rising price, there is low blockchain activity.

Is this due to speculation?

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