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Why is Stacks up 10.2% today?

$0.3121+10.16% 24h
Source Gate · USDTSampled

Price chart

Only 1 hour of samples so far, one every 5 minutes.

Gate · USDT: Oct 31, 2026, 09:04 → Oct 31, 2026, 10:27High $0.3121Low $0.3066
● Gate · USDT
Oct 31, 2026, 09:04Oct 31, 2026, 10:27

What may be driving the move

No clear cause yet. The news and market data checked so far describe the move but do not explain it. Sources are re-checked about every 30 minutes, and this section updates when something new turns up.

Weaker possibilities: From Oct 30, 09:00 UTC to Oct 31, 09:00 UTC, open interest rose and buyer-initiated volume share was higher than in the previous 24 hours; funding was also positive at Oct 31, 08:00 UTC. (OKX perpetual swap: settled funding, OKX perpetual swap: open interest, OKX perpetual swap: taker buy/sell volume)

What was checked

No clear initiating event explains the rise. Derivatives data suggests market positioning may have amplified it, but does not show what started it.

What triggered the rise, and did derivatives positioning materially amplify it?

Looked at the 24 hours to Oct 31, 2026, 09:06 UTC

Market snapshot

Versus Bitcoin
+10.11% / BTC -0.90%
Other tracked coins
5 of 29 others also rose 3.4% or more5 fell that much

Figures run to Oct 31, 2026, 09:00 UTC (OKX · USDT). Methods →

Other notable moves today

Stacks news today and recent events

1 recent events · Follow STX by RSS →