Why Earn Less With Stacks (STX) When TMS Network (TMSN) Is Giving 100x Return To Investors

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All cryptocurrencies are competing against each other. But only a few of them can be considered for investment - this article will compare the market viability of Stacks (STX) and TMS Network (TMSN).

TMS Network (TMSN) has grabbed all the attention as it has emerged as the most bullish project during its presale.

Stacks (STX) has emerged as one of the top gainers in the past month. Stacks (STX) gained 23% in March. The major reason behind Stacks’ (STX) rise has been the massive hype around Bitcoin Ordinals.

Since Bitcoin NFTs are already available on the Stacks network, the launch of Bitcoin Ordinals has caused a surge in the demand for STX. Anything related to Bitcoin is bound to significantly impact the value of Stacks (STX). 

Stacks (STX) is a layer-2 protocol that works on improving the functionality of Bitcoin. Stacks (STX) can bring smart contract functionalities and dApps to the Bitcoin network. 

Hence, when Bitcoin Ordinals successfully entered the market, the demand for Stacks (STX) shot up.Moreover, Stacks’ (STX) value has gone up by about 350% over the past three months. The total value locked (TVL) of the Stacks (STX) network has also seen a spike in the last two months. 

Besides, the platform has also planned to launch a new upgrade this year. The platform’s Nakamoto Upgrade will grant users access to full smart contracts on the layer-2 chain. 

The update aims to increase the scalability, speed, liquidity, and capacity of the Stacks (STX) network. Moreover, experts believe that the upcoming halving event of Bitcoin will benefit Stacks (STX) further.

However, the market value of Stacks (STX) has declined by 17% in