1/ 🧵👇Ultimate thread for @Stacks - The Uprising Bitcoin Layer

The Bitcoin narrative is here and bigger than ever; if you've been following $STX from the previous weeks, you're probably new and have found your way from #Ordinals. 2/ I've seen a lot of wrong info from various influencers, This thread is your DYOR, and I'll sum up why it can be one of the most significant projects for 2023. DISCLAIMER: not a financial advice, and I have exposure to some of the projects mentioned.

1/ $STX Onward & Upward

Your favourite tweetstorm about @Stacks Ecosystem Growth is back

📌Let's start with Network Health (QvQ)
-STX Addresses 417K to 444,490
-Smart Contracts 3,235 to 5,127
-TVL 478M STX to 524M
-BTC Rewards 1127 BTC to 1770 BTC
-Entities 45 to 72 2/
- Trading Pairs 38 to 49
- Transactions crossed 1.5M from 1M

I love a hockey stick and these metrics are giving us that. Could $STX be an uprising L1 in the next cycle?

Hey, $STX Fam, since @Stacks reached a new ATH and Stacking's TVL went to >1.3B$, I think it would be nice to dig in deeper on the WHYs rather than speculate on things. Here's a super-duper mega-thread on what happened after November 1 and what will happen afterward. @alexgoBtc raised 5.8M$, and they are currently on Phase Two of their Testnet. ALEX is expected to launch 2-4 weeks after the SIP-012 Upgrade, which is due to deploy on Bitcoin block 713,000; a rough activation estimate is December 6, 2021.