$STX STX up 5.5% — strong fundamentals driving this move.
Bitcoin L2 narrative is back.
Direct catalyst: Genesis Bond launches in September. Institutions stake BTC for yield but must hold STX — creating forced buying pressure.
Tech upgrade: Since Aug 23, Stacks transactions settle with 100% Bitcoin finality — security now on par with mainnet.
Data backs it: Dual Stacking already attracted $100M+. More ecosystem grants coming in September.