BRC-20 tokens have surged significantly compared to wider cryptocurrency markets, even surpassing Bitcoin, which has reached its highest level in 25 months.
This significant move has propelled the STX token to nearly 9% above its all-time high in December 2021 of $3.39. Social interactions have increased by nearly 16,000%, with strong activity and social metrics driven by excitement around BRC-20.
The RSK token, RIF, has also seen significant gains, rising 25% from its daily low of $0.193 to reach $0.242 before a slight decline.
According to DefiLlama, the TVL on the Bitcoin network has reached approximately $161 million. Stacks has $138 million in TVL, accounting for about 43%.
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