Stacks Price Forecast – STX Could Soon Rally to $3

Highlights:

• Stacks continue trading in a multi-week range with $1 as resistance
• A breach of $1 resistance could trigger a retest of $3
• Strengthening fundamentals could trigger a rally to $3 soon

Stacks (STX) is little changed today, reflecting the lack of price action across the cryptocurrency market. Stacks was trading at $0.654 when writing, up marginally by 0.24%. However, Stacks’ trading volumes may be indicative of rising trader activity. Trading volumes have been up by 45% in the last 24 hours, standing at $24.9 million in the day. 

This could indicate short-term traders offloading their Stacks holdings, or buyers coming in spot and leveraged buying of Stacks. Of these two scenarios, there is a greater chance that buyers are coming in both for short-term speculation and taking long-term positions in Stacks. Stacks’ core fundamentals are getting stronger despite the weak price action. 

sBTC Expansion A Positive Indicator for Stacks

One of these fundamentals is the expansion of sBTC. Earlier this month, Stacks integrated with Wormhole. This is a big deal as it allows for easy bridging of sBTC and the Stacks native token, STX. It ideally makes Stacks multi-chain and opens it to growth in the fast-growing Bitcoin-DeFi market.

Stacks Wormhole$sBTC and $STX are going natively multichain with Wormhole NTT.

Wormhole will integrate @Stacks to take $1.5 billion in sBTC and STX multichain, starting with @solana and @SuiNetwork. pic.twitter.com/5meehRu8Qf

— Wormhole (@wormhole) July 1, 2025

The move is significant in terms of the actual development of the Stacks network and is likely to keep driving FOMO into Stacks. This was evident when Stacks emerged as one of the top trending cryptocurrencies on social media and other cryptocurrency-related platforms immediately after the move was announced. 

Nakamoto Upgrades Likely to Drive Stacks’ Momentum Long-Term

Stacks is also likely to remain a favorite among investors due to the ongoing Nakamoto upgrades. For a while now, the Stacks team has been implementing the Nakamoto rollout, which is expected to impact the Stacks network long-term significantly. Among the significant changes that the Nakamoto rollout is bringing to Stacks are faster block times of under 10 seconds. It also comes with a massive improvement in network consensus by making Stacks even more decentralized. The Nakamoto rollout could positively impact the price of STX for two reasons. 

Institutional Confidence In Stacks Is Rising

The first one is that it could drive institutional confidence in Stacks as a long-term investment. This is evident in the fact that institutional investors have already praised Stacks since it started the rollout. For instance, Stacks recently got a bullish outlook from Aspen Digital. Such positive reports could trigger a flood of institutions looking for viable altcoin investments to consider Stacks. The result would be strong value growth going into the future.

Stacks (STX) got its first "green" review (finality guarantees) on Bitcoiners independent bitcoinlayers(.)org research page.

Pioneering Bitcoin layer security.

The Satoshi Upgrades will tackle other Bitcoin layer challenges, such as BTC custody, with self custodial sBTC. pic.twitter.com/9BWzz1EGeK

— Ricksebastiaan.btc (@Rick_Sebastiaan) July 8, 2025

Stacks TVL On the Rise – A Bullish Signal Long-Term

Another bullish indicator for Stacks is that the utilization of sBTC continues to grow. Over the past month, sBTC deposit caps have been selling out quickly. The total Stacks TVL has surpassed $113 million. This is more than 3x from earlier in the year. Given that those staking on the Stacks network earn in Bitcoin, the number one cryptocurrency, the odds are high that staking will continue to rise strongly over time. As confidence returns across the cryptocurrency market, Stacks could be among those that do well.

sBTC Cap-3: Full.

We reached the 5,000 sBTC cap in less than 2.5 hours.

BTCFI is inevitable. pic.twitter.com/iz08KX4ltA

— stacks.btc (@Stacks) May 22, 2025

Stacks are Highly Undervalued at Current Prices

Stacks is also attractive to investors because it is undervalued at current prices. Despite strengthening its core fundamentals, Stacks is trading at a massive discount relative to its all-time highs of over $3. This will likely draw in investors going forward, as a return to the all-time high would mean an impressive return on investment. 

Technical Analysis – Stacks Trading In a Multi-Week Range

From the charts, Stacks trades in a multi-week range between the $1 resistance and $0.520 support. If bulls take control and push Stacks through the $1 resistance, a return to the all-time highs of $3.5 could follow.

On the other hand, if bears breach the $0.52 support, then a correction to prices below $0.40 could follow. With all the positive news coming out of the Stacks ecosystem, the odds of a rally through $1 are high.