
Stacks - sBTC Cap Increase - 25 Feb 2025
Stacks increasing the sBTC cap to 3000 BTC allows for more participation. This cap increase can lead to higher investment and interest in the network. When more tokens are available for trading, it can result in increased liquidity and trading activity, possibly affecting the price favorably. The raised cap signifies confidence in growth, appealing to investors. However, how this affects STX and sBTC prices will depend on the market's reception and strategic involvement by big investors. Monitoring the market's reaction after the cap increase is essential. sourceStacks caps is about to be raised to 3000 BTC on Feb 25th allowing new entrants after the first 1000 BTC cap was filled in 2 daysWith sBTC you can earn up to 5% base APY in addition to defi farming opportunities on L2A guide to farming Bitcoin L2 yield…