• Ben Armstrong has predicted the potential targets for STACKS (STX), Bitcoin’s DeFi network.
• According to Armstrong, STX could rally to $18, $50, or $112, depending on various factors.
• Armstrong thinks STACKS would claim a significant portion of Bitcoin’s Layer-2 market but not dominate it.

Ben Armstrong, a renowned cryptocurrency analyst, has predicted the potential targets for STACKS (STX), the Bitcoin decentralized finance (DeFi) network. Armstrong provided three potential price targets, depending on how the crypto market develops and how STX copes with imminent challenges.

In a recently uploaded video, Armstrong predicted STX will rally to at least $18 in the most bearish case, with a market cap of $26 billion. He believes a bearish STX outlook will depend on Bitcoin maxis starting another “war” by attacking the project. Otherwise, Armstrong thinks STX has a good chance of rallying to $112, with a market cap of around $169 billion. According to him, that is possible if STACKS becomes the undisputed Layer-2 network for Bitcoin.

Besides the two extreme situations highlighted by Armstrong, he thinks there is a higher possibility of STX settling som…

The post Bitcoin’s DeFi Protocol, STACKS (STX) Could Rally to $112: Analyst appeared first on Coin Edition.

• Ben Armstrong has predicted the potential targets for STACKS (STX), Bitcoin’s DeFi network.
• According to Armstrong, STX could rally to $18, $50, or $112, depending on various factors.
• Armstrong thinks STACKS would claim a significant portion of Bitcoin’s Layer-2 market but not dominate it.

Ben Armstrong, a renowned cryptocurrency analyst, has predicted the potential targets for STACKS (STX), the Bitcoin decentralized finance (DeFi) network. Armstrong provided three potential price targets, depending on how the crypto market develops and how STX copes with imminent challenges.

In a recently uploaded video, Armstrong predicted STX will rally to at least $18 in the most bearish case, with a market cap of $26 billion. He believes a bearish STX outlook will depend on Bitcoin maxis starting another “war” by attacking the project. Otherwise, Armstrong thinks STX has a good chance of rallying to $112, with a market cap of around $169 billion. According to him, that is possible if STACKS becomes the undisputed Layer-2 network for Bitcoin.

Besides the two extreme situations highlighted by Armstrong, he thinks there is a higher possibility of STX settling som…

The post Bitcoin’s DeFi Protocol, STACKS (STX) Could Rally to $112: Analyst appeared first on Coin Edition.