STX, the token powering Stacks, a layer-2 network built on Bitcoin, has climbed by about 50% in the four weeks to Oct. 13, CoinDesk reports.
The move extends a sustained rally for the token, which has drawn attention as Bitcoin layer-2 solutions aim to expand what the Bitcoin blockchain can do, including smart contracts and decentralized applications.
CoinDesk's daily market briefing flagged the gain as a notable mover, though the report did not attribute the surge to any single catalyst or provide a current price. As of publication, no major exchange has commented on the move, and the reasons behind the rally remain unclear from the available reporting.