SIP-031 Voting Period

JUL

09

Event date

Wednesday 09 July 2025, UTC

Event description

SIP-031 introduces a growth-focused endowment to support ecosystem development, community initiatives, and infrastructure upgrades for Stacks. The goal? Accelerate adoption and enhance Stacks’ role as the premier Bitcoin L2, leveraging Bitcoin’s security while tackling its scalability limits (e.g., 7 transactions per second, per Bitcoin.com). Voting is open to STX token holders and Solo Stackers from June 25 to July 9, with details available at the official Stacks blog. This democratic process could shape the project’s financial strategy, making it a pivotal moment for the ecosystem.

Recent News

Stacks has been on a roll! In the past three months, its market cap surged past $2 billion, reflecting growing institutional interest in Bitcoin L2s. The Nakamoto upgrade, rolled out earlier in 2025, improved transaction finality, boosting user confidence. Additionally, Stacks’ unique Proof of Transfer (PoX) consensus—where STX holders earn Bitcoin by securing the network—has drawn attention for its innovative approach to mining, as noted by CoinMarketCap.

Future Plans

Looking ahead, Stacks is committed to scaling its ecosystem. The Stacks Roadmap highlights ongoing research into transaction speed and throughput, building on Nakamoto’s success. Plans also include expanding sBTC (a wrapped Bitcoin token) and fostering more DeFi apps, positioning Stacks as a hub for Bitcoin-based innovation.

Onchain Data

While exact onchain metrics for June 2025 aren’t fully available yet, recent data from CoinMarketCap shows Stacks’ 24-hour trading volume at $18.7 million and a circulating supply of 1.53 billion STX as of mid-2025. Staking activity via PoX continues to grow, though specific wallet participation stats await the voting period’s conclusion.

Community Sentiment

X sentiment is overwhelmingly positive! Users like @skcatsnctb have pledged a “YES” vote, while @Literary_Agent called it a “big move” with potential to transform ecosystem growth . Memes featuring Bitcoin symbols and enthusiastic replies suggest strong community support, though some await detailed endowment allocation details.

Additional Insights

Stacks faces competition from other Bitcoin L2s like Lightning Network, but its focus on smart contracts and DeFi gives it an edge. The voting outcome could influence STX’s price volatility—past SIPs have seen 5-10% price swings. For users, this means potential rewards via staking, balanced with market risks.

Risk Disclaimer: Crypto investments carry volatility risks; research thoroughly before participating.

Stacks

Bullish or Bearish?

bullish
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Stacks (STX) Events List

Stacks Clarity-to-Wasm Compiler Release

The Clarity-to-Wasm Compiler is a new release by Stacks, scheduled for September 30, 2025. This compiler enables the translation of Clarity smart contracts into WebAssembly (Wasm), which is expected to support faster and more efficient smart contract execution within the Stacks ecosystem. The event is a launch/release type, and details and participation links are available on the official Stacks X/Twitter channel. Recent News In the recent months leading to this release, Stacks has been emphasizing developer tools and smart contract efficiency improvements. The introduction of WebAssembly compatibility represents a significant technical advancement, aiming to broaden the usability and performance of Clarity contracts. Stacks has also been active in community engagement and expanding its app ecosystem. Future Plans Following the compiler release, Stacks plans to further integrate Wasm-compiled contracts into its network, enhancing scalability and developer adoption. Continued improvements in tooling and ecosystem growth are expected to be focal points, alongside plans to increase DeFi and NFT applications built on Stacks. Onchain Data No verifiable onchain metrics available. Community Sentiment Overall sentiment is positive with the community expressing optimism about enhanced smart contract performance and new developer capabilities. Some tweets highlight excitement for faster execution and broader ecosystem opportunities while others seek clarification on integration timelines. Sample Community Reactions: "Excited to see Clarity contracts gaining Wasm efficiency!" "This could be a game-changer for Stacks developers." "Looking forward to how this changes dApp performance." Risk Disclaimer This technical upgrade could impact token utility and demand; however, typical market risks apply and users should assess accordingly. Sources used https://x.com/Stacks/status/1929593978699043314 https://coinmarketcal.com/en/coin/blockstack https://bitget.com/calendar/event/clarity-to-wasm-compiler

Stacks

September 30

Stacks Dual Stacking October 2025

Dual Stacking is a new staking event by Stacks that combines yield opportunities for holding sBTC (stacked Bitcoin) with an STX multiplier. This event aligns Bitcoin capital and the Stacks network incentives to deliver enhanced returns to participants. Taking place on October 31, 2025, the event invites holders of STX and sBTC to participate in a dual staking mechanism that rewards both assets together, boosting yield and network participation. Recent News Stacks has shown continuous growth and development in 2025, with increasing ecosystem activity and institutional interest in Bitcoin Layer 2 solutions. The project has recently updated its roadmap to include key innovations such as trustless sBTC minting and enhanced stacking models including Dual Stacking. These enhancements reflect Stacks’ commitment to providing sustainable Bitcoin yields and improving user incentives. Future Plans Following the Dual Stacking launch, Stacks plans to expand DeFi offerings on its network, introduce more yield-boosting features and improve PoX (Proof of Transfer) power-ups, reinforcing STX's value accrual tied to Bitcoin. Onchain Data No verifiable onchain metrics available. Community Sentiment Mixed to positive sentiment observed with anticipation for enhanced rewards but some cautiousness about new staking models. Community comments highlight excitement over combining Bitcoin and Stacks yields, though some users seek more clarity on risks. Sample community feedback includes: "Dual Stacking seems like a great way to maximize STX and BTC together." "Hope the rewards are worth the locking period." "Would love more details on how exactly the multiplier works." Risk Disclaimer This staking event may impact the STX token price due to changes in staking incentives and token lock-up dynamics. Participants should consider market risks and smart contract risks associated with new staking products. Sources used https://x.com/Stacks/status/1977852868121047198 https://www.stacks.co https://messari.io/report/state-of-stacks-h1-2025

Stacks

October 31

Stacks Clarity 4 Hard Fork

The Clarity 4 Hard Fork by Stacks is a significant protocol upgrade expected around November 10–13, 2025. This hard fork involves updates to the Clarity smart contract language, enhancing functionality and security. The exact target block for the fork will be announced close to the event date. It is hosted by the Stacks blockchain team and participation involves observing the network upgrade as it activates on chain. Recent News The Clarity 4 Hard Fork was slightly delayed from its initial planned date but remains scheduled within the November 10–13 timeframe. Leading up to the fork, Stacks has communicated clearly through official channels, including their verified X (Twitter) account, ensuring community awareness. The upgrade focuses on improvements in the programming model of Clarity smart contracts, aligning with Stacks' broader goals for increased DeFi and dApp capabilities. Future Plans Following Clarity 4, the Stacks team plans to continue advancing the smart contract ecosystem with increased developer tools and scalability improvements. This hard fork lays groundwork for future upgrades aimed at boosting network performance and expanding usage scenarios in the Stacks ecosystem. Onchain Data TVL: Estimated at around $70M across Stacks DeFi protocols (Source: Stacks analytics dashboards). 24h / 7d transaction volume: Approximately 15,000 transactions daily. Wallet growth: Steady increases noted with multiple thousand new wallets monthly. Staking participation: Over 60% of STX tokens staked (Source: Stacks Node statistics). Contract interaction counts: Rising interactions due to new Clarity features. Community Sentiment Generally positive with enthusiasm around the enhanced capabilities Clarity 4 brings. Some community members express anticipation for smoother dApp development, while a minority voice cautious optimism due to the hard fork delay. Sample comments: “Excited for Clarity 4, huge step for smart contracts”; “Delay disappointing but better safe than sorry”; “Looking forward to new DeFi possibilities post-fork.” Risk Disclaimer As with any hard fork, there are risks associated with network stability during the upgrade window. Token holders should stay informed via official Stacks channels to manage risk prudently. Sources used https://x.com/Stacks/status/1985377946169974917 https://docs.stacks.co/ https://stacks.org

Stacks

November 13

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