| Unlock | 10/10 |
| Tokenomics | 5/10 |
| Insider | 7/10 |
| Onchain | 3/10 |
| Dev Activity | 1/10 |
| Revenue | 2/10 |
| Institutional | 5/10 |
| Etf | 5/10 |
| Market Structure | 6/10 |
| Security | 7/10 |
Stacks' Nakamoto upgrade, completed in Q4 2025, delivered faster block times and unlocked the sBTC bridge as the network's core Bitcoin DeFi rail. The sBTC bridge has continued scaling past its initial $500M+ deposit milestone, and Stacks remains one of the largest Bitcoin L2s by TVL at roughly $800M-$1B. Fireblocks integrated Stacks support in February 2026, opening access to its 2,400+ institutional clients and improving custody options for STX and sBTC holders. Grayscale has also activated an STX trust product, adding another institutional access point. Despite these developments, STX faces ongoing competition from a crowded field of Bitcoin L2 and sidechain projects vying for the same liquidity and developer mindshare.