Stacks STX falls to $0.13 as Binance tag triggers 6-year low

STX fell 6.2% to $0.138 on July 25, hitting a 6-year low after Binance flagged the token with a Monitoring Tag.

"Tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform," Binance said in its July 24 announcement.

The sell volume on spot markets rose to 4.98 million, outpacing buy volume of 4.24 million, according to Coinalyze data. Daily active users on the Stacks network fell to 1,100, the lowest since January 2026, Token Terminal data shows. The Relative Strength Index dropped to 23, deep in oversold territory.

If selling pressure persists, STX could break below $0.13, with $0.10 as the next critical support level. The PoX-5 hardfork is scheduled for July 29, which introduces trustless, self-custodial Bitcoin staking — but the upgrade has yet to attract new users or reverse the network's declining activity.

The Stacks Endowment acknowledged the Binance tag concern and said it was in contact with the exchange to resolve the issue. According to Reubs, a Stacks contributor, the tag will be removed once consensus-level changes on Binance are completed. The team informed other major centralized exchange partners ahead of time, who have since moved forward in support.

The PoX-5 upgrade, approved via overwhelming community support for proposals SP 044 and SP 045, allows users to earn Bitcoin-denominated yield while maintaining self-custody. The public testnet went live three days ago for builders to test ahead of the July 29 mainnet deployment.

This article is for informational purposes only and does not constitute investment advice.