Stacks Rallies 11% as Bitcoin and Solana Fall: Crypto Market Diverges
While some leading cryptocurrencies like Bitcoin (BTC) and Solana (SOL) are experiencing a retracement, Stacks (STX) is bucking the trend. Recent data shows Stacks rallies 11% as bitcoin, solana fall, highlighting a divergence in the current crypto market. The cryptocurrency market is retracing with some top coins such as bitcoin (BTC) and solana (SOL), reversing gains.
Stacks (STX) Outperforms Amid Market Downturn
Despite widespread losses in the cryptocurrency market on May 3, stacks (STX) is up 11% on the last trading day, outperforming bitcoin and most crypto assets. Stacks roars. This upward momentum positions Stacks as a notable outlier. Draper’s comments come when Stacks is gaining traction, rising in tandem with the broader crypto network.
Bitcoin (BTC) and Solana (SOL) Face Headwinds
The cryptocurrency market is retracing, with some top coins, such as bitcoin (BTC) and solana (SOL), reversing gains; BTC is currently down 1.22%, holding the demand zone at $28,000 while SOL fell 4.02%. In the first two weeks of March, prices of crypto assets such as bitcoin, ether and solana (SOL) fell sharply despite what seemed like good news.
Solana (SOL) Price Action: A Mixed Bag
While recently experiencing a pullback, Solana has also seen significant gains. For example, On Tuesday, April 11, Solana’s price jumped 11% over a 24-hour period, leading to a broader crypto rally as Bitcoin surged to $30,000. The “Ethereum killer” traded at a peak of $22.5 following the rally and stands at $22.37 at the time of writing. Macroeconomics helped spark Solana’s surge but wasn’t the only factor. More recently, Solana (SOL) reached a 22-month high of $136 this week, after Bitcoin ’s rally to $64,000 boosted the broader cryptocurrency market. Solana's 11% jump over the past 24 hours pushes its price to... What next for Solana price after a week-long consolidation phase, lagging behind the broader crypto market rally. Along with the rest of the crypto sector, Solana made a strong start to the...
Stacks (STX) Technical Analysis and Future Outlook
In the latest STX price analysis, stacks price is rallying despite weakness in Bitcoin and falling BTC dominance. Stacks (STX), the native token of the Bitcoin layer-2 project, surged 16% today after printing six consecutive green candlesticks on the 4-hour chart. The Stacks crypto price climbed from $0.80 to $0.87 within hours. This increase also comes despite no major announcements or project developments.
Bitcoin remains firm, and bulls are targeting $50,000 and even all-time highs recorded in late November 2025 at $69,000.
Disclaimer: Cryptocurrency investments are highly speculative and come with significant risks. This is not financial advice.