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Breaking News: CryptoQuant Issues Stark Forecast — Bitcoin May Fall As Low As $10,000 This Year
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Breaking News: CryptoQuant Issues Stark Forecast — Bitcoin May Fall As Low As $10,000 This Year

StakeStone (STO) Price Surges Over 500% In One Week, What’s Driving This Altcoin?

Scott Matherson
Scott Matherson
Last Updated: April 2, 2026 3:00 pm
3 mins read
Altcoin

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The StakeStone (STO) price has surged by over 500% in the past week, drawing attention to the token’s ecosystem. The altcoin’s rally comes ahead of a significant token unlock, which could put selling pressure on the token and drive its price down. 

Why The StakeStone (STO) Price Is Surging

The StakeStone (STO) price has surged by over 500% in the last week amid bullish fundamentals in its ecosystem, as noted by market analyst Neel. One of these developments includes StakeStone’s launch of version 2.0 of its protocol earlier this year. The staking protocol version enables gasless transactions, social login, and AI-powered yield optimization across 20 blockchains. 

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StakeStone (STO) Price Surges Over 500% In One Week, What’s Driving This Altcoin?

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Neel further mentioned that the StakeStone (STO) price has surged because of the protocol’s partnership with Trump’s World Liberty to provide cross-chain liquidity infrastructure for the USD1 stablecoin. This represents a huge positive for the token’s ecosystem as USD1 has a circulating supply of $4.3 billion. StakeStone will act as a liquidity rail that moves the stablecoin across different networks. 

StakeStone
Source: Chart from Neel on X

Neel pointed out that another reason why the StakeStone (STO) price is surging is that the liquid staking and yield narrative is gaining momentum again this year. As such, smart money is rotating into this sector and investing in altcoins like STO. On-chain analytics platform Lookonchain drew attention to a fresh wallet that withdrew 25.5 million STO, 11.32% of the circulating supply, from Binance earlier this week. 

Activity in the futures market is also driving the StakeStone (STO) price surge. CoinGlass data show that top traders on Binance are currently bullish on StakeStone, with the traders’ long/short ratio above 1. The altcoin’s derivative volume has surged by over 500% to $3.44 billion, while open interest has climbed by almost 300% to $332 million. 

Price At Risk Of A Decline With Upcoming Unlock

The StakeStone (STO) price is at risk of significant selling pressure due to an upcoming token unlock. Cryptorank data shows that 20.17 million STO tokens, 2.02% of the total supply, will be unlocked tomorrow. At current prices, these tokens are worth $18.22 million and represent 8.95% of the altcoin’s market cap. Meanwhile, it is worth noting that almost 70% of the token’s supply is yet to be unlocked. 

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Most of the tokens that will be unlocked tomorrow will go to investors, while the Foundation and Team also have some allocation from tomorrow’s unlock. Crypto analyst Anti-Moon opined that the team and investors were likely pushing the StakeStone (STO) price up since they will want to sell the altcoin at higher prices. 

At the time of writing, the StakeStone price is trading at around $0.8465, up over 285% in the last 24 hours, according to data from CoinMarketCap.

Altcoin
Total crypto market cap excluding BTC at $940 billion | Source: TOTAL2 on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

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Created by industry experts and meticulously reviewed
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