Layer 2 · rank #96

Stacks STX

STX cycle analysis · chart, confirmed lows and fundamentals

$0.3571+0.5% 1d-15.8% 7d+4.6% 30d

Amber List Recovering held Phoenix · monthly · score 55 mixed

24.8% below its 365-day high of $0.4747 (2025-10-26), +203.7% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.120.57422.752024-052025-072026-10low 0.1176 (97%)monthly trigger 0.29
Where it stands

On the Amber List.

Held on the Amber List: it last met the Amber List rules on 2026-10-20. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +203.7% above the Aug 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
2Dr 2Dr 3g 2Ug 2Ur
Confirmed low
$0.1176 · 2026-08-31
Position
2 of median 7.0 (max 12)
Current low
$0.1176 · confirmed
Cycle-low confidence
31%
Confirmed lows
9

Weekly 2D

Last bars
1g 2Ug 1g 3r 2Dg
Confirmed low
$0.2286 · 2026-09-20
Position
5 of median 5 (max 16)
Current low
$0.3347 · unconfirmed
Confirms above
$0.3846
Cycle-low confidence
53% · in band
Confirmed lows
40

Daily 2U

Last bars
2Dr 2Dr 2Ug 2Dr 2Ug
Confirmed low
$0.3347 · 2026-10-20 (daily)
Position
1 of median 5 (max 20)
Current low
$0.3347 · confirmed
Cycle-low confidence
22%
Confirmed lows
308
The full read, in sentences
  • Monthly: forming bar is a red 2-Up. Last confirmed swing low 0.1176 (Aug 2026), month 2 of a cycle that has typically run 7. Cycle-low confidence 31%.
  • Weekly: forming bar is a green 2-Down. Last confirmed swing low 0.2286 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 0.3347 is unconfirmed — it confirms above 0.3846. Cycle-low confidence 53%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.3347 (2026-10-20), day 1 of a cycle that has typically run 5. Cycle-low confidence 22%.
  • Amber List: 25% below the 2025-10-26 high; +204% off the 365-day low.
  • Phoenix: 97% decline over 28 months, monthly swing low confirmed (next-bar), now +204% above the trough; first weekly pullback after the low confirmed 2026-10-04 (trigger 0.3999).
  • Gauges: Mayer multiple 1.55 (neutral); -62% vs the 200-week average; -90% from the all-time high.

Has Stacks bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the STX snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.1176 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.2286 from 2026-09-20. A newer candidate at $0.3347 is unconfirmed; its confirmation level is above $0.3846, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.3347 from 2026-10-20. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Stacks below its high?

The Coinbase price snapshot is 24.8% below its rolling 365-day high of $0.4747 from 2025-10-26. Separately, CoinGecko reports -90.8% relative to its all-time high of $3.86 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Phoenix monthly → Amber List; recovering · Phoenix monthly
  2. Watch; recovering · Phoenix monthly → Phoenix monthly
  3. First observed: Watch; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$3.85 · Apr 2024
Trough
$0.1176 · Aug 2026
Decline
-96.9% over 28 months
Above trough
+203.7%
Monthly
confirmed (next-bar) · trigger $0.2900
Weekly
confirmed (next-bar)
False bottom
none
Entry
pullback #1 low $0.2286 confirmed 2026-10-04 · trigger $0.3999
Score 55
decline30
confirmation25
earliness0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health48 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
3.71 %10.7 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
96 #6 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
1241.9 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
9.14 x1.4 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
-4.1 %4.6 / 10
Age on Coinbase
survived a cycle
4.8 yrs10.0 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$710.8M
Fully diluted
$710.8M
24h volume
$26.4M
Circulating
1,871,495,577
All-time high
$3.86 · 2024-04-01 (-90.8%)
TVL
$77.8M (chain)
Fees 30d
$47.0K
Revenue 30d
$0
Fees 1y
$229.6K
Mayer multiple
1.553 · neutral
vs 200-week avg
-61.9%
Pi cycle
0.471
On Coinbase since
2022-01-20 (1736 bars)
CoinGecko id
blockstack

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources