Historical replay · STX/USD
Stacks Doubles in a Week (August 2026)
From $0.1177 on August 18 to $0.29 on August 25: Stacks, the Bitcoin layer-2 token, rose 146% in a week, on a Binance market that had been trading barely $300,000 a day.
Stacks is a network that lets smart contracts and applications settle on Bitcoin, and its STX token spent the first half of August 2026 in near-hibernation: between about $0.119 and $0.125, with daily trading on Binance often around $300,000 — small enough that one large order could leave a mark on the chart. This replay opens on August 17, the last fully quiet day. The window's low, $0.1177, came at 03:00 UTC on August 18.
The move began without drama. STX rose 7% on August 19 and 14% on August 20, as daily trading value climbed to about $2 million. Then, on August 21, it gained 30% in a single session, closing at $0.1899, and followed with another 16% on August 22, when trading reached $8.7 million — nearly thirty times the pace of a week earlier.
It was not a straight line. Single hours still produced 4-5% drops, such as a 5.3% fall at 21:00 UTC on August 22, and early on August 23 the price dipped to $0.2023 before closing the day at $0.2342. August 24 was the first down day of the run, a modest 1.4% slip. Then came the final push: from the 04:00 UTC hour to the 06:00 hour on August 25, STX went from $0.2401 to $0.29, about 21% in under three hours, and 146% above the August 18 low.
Selling arrived straight away. The 07:00 UTC hour fell 4.6%, and STX closed August 25 at $0.2599, about 10% below the high. It held the $0.25-0.27 area for two more days, which is where this replay ends. In the days that followed it eased to about $0.234 by August 30, but it never came close to its starting point; a month later it trades around $0.32.
The lesson here is about scale. A 146% gain looks spectacular, but on its busiest day, August 25, Binance's STX market traded about $11 million — roughly what Bitcoin's market there handles in ten minutes. Thin markets can rise very quickly on modest buying and fall just as quickly when that buying stops. Replaying it hour by hour shows how often, even inside a strong trend, the chart gave a reason to doubt it.