Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
STX STX prices plunged to US$0.13 as concerns related to Binance-Security triggered selling pressure. Weak activity on the chain masks the optimism generated by the upcoming hard fork of PoX-5. Shorts still dominate, with $0.10 becoming the next key support level.
The coin security label and weak demand triggered a sharp sell-off
On July 25, Stacks encountered huge selling pressure after losing its key US$0.16 support area. The breakthrough ended weeks of sideways consolidation and gave full control to the bears. Prices quickly fell to $0.13, the lowest level since mid-2020. As of press time, STX was trading close to $0.138 after another 6.2% daily decline. The sharp sell-off surprised many investors because optimism around the PoX-5 upgrade had been building.
The panic largely stems from concerns about the Binance label on STX. The Stacks Endowment then quickly responded to the community's concerns. Team members confirmed that discussions were under way with Binance to resolve the issue. According to the project party, the exchange may have applied the tag due to the upcoming PoX-5 hard fork. The developer also explained that other major centralized exchanges had received advance notice and that these platforms had also confirmed their support for the network upgrade.
Community member Reubs added that Binance should remove the label after completing the required consensus level changes. Despite these assurances, market confidence continues to weaken. Traders chose to be cautious rather than optimistic, triggering a new round of selling pressure. At the same time, the PoX-5 hard fork is still scheduled to take place on July 29. The upgrade follows overwhelming community support for SP044 and SP045. Developers describe PoX-5 as an important milestone for the ecosystem.
Can STX avoid falling again?
Internet activity paints another worrying situation for STX. Recent development progress has not translated into greater user engagement. Token Terminal data shows that the number of daily active users has dropped to about 1100. Internet activity has now fallen back to levels seen since January 2026. This decline suggests that the upcoming hard fork has not attracted meaningful new participants.
Reduced activity usually reduces the demand for native tokens. This situation may put pressure on price movements, especially given weak market sentiment. Technical indicators also favor bears. The Relative Strength Index (RSI) had a bearish cross before entering oversold territory. The RSI reading was close to 23, indicating strong selling pressure.
Buyers have lost momentum, while bears continue to control the short-term direction. Spot market activity reflects a similar situation. Sales climbed to 4.98 million, while purchases slipped to 4.24 million. During previous trading hours, buyers had pushed volume to more than 20 million, but this strength has now disappeared. Current conditions make STX vulnerable to another decline.
