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Stacks (STX) Soars to All-Time High Amid Ethereum's SEC Scrutiny

STX's meteoric rise has investors thrilled. Ethereum's future as a security is under debate, but its valuation remains robust. BlockDAG's presale is off to a strong start.

This image consists of a coin. On this coin, I can see some text.
This image consists of a coin. On this coin, I can see some text.

Stacks (STX) Soars to All-Time High Amid Ethereum's SEC Scrutiny

The cryptocurrency market has witnessed a remarkable surge in Stacks (STX), with its value soaring over 30% to reach an all-time high of $3.65. Meanwhile, concerns are rising about Ethereum's security prospects due to increased scrutiny from the U.S. Securities and Exchange Commission (SEC).

STX's meteoric rise has propelled it to the forefront of the stock market today, leaving investors thrilled. In the Ethereum sphere, the SEC's growing examination has sparked debates about its classification as a security, potentially impacting the chances of an Ethereum ETF approval.

The BlockDAG presale, which started sometime before October 2025, has already raised around $414-416 million and sold over 26 billion coins. This indicates an early start to the presale in 2025, although the exact date remains unclear. BlockDAG (BDAG) has emerged as a leader in the presale sector, raising over $6.9 million and attracting significant attention and funding. The project aims to raise $600 million by the end of 2024.

Despite the SEC's examination, Ethereum's valuation has remained robust. It has maintained a stable market price, recently experiencing a modest uptick to $3,316.02.

STX's impressive performance has solidified its position as a leading cryptocurrency, while Ethereum's valuation remains resilient amidst SEC scrutiny. BlockDAG's successful presale journey has positioned it as a standout in the pre-sale market, attracting substantial funding and attention.

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