- Stacks (STX) price rose 25% as Bitcoin (BTC) climbed above $28,000 for the first time in weeks.
- Optimism (OP) and Kaspa (KAS) also recorded double-digit gains.
- These tokens outperformed several major altcoins, including Ethereum, BNB and XRP.
When Bitcoin (BTC) pushed past $28,000 on Tuesday, a number of altcoins followed with notable rallies. While large-cap coins such as Ethereum (ETH), BNB (BNB) and XRP (XRP) posted modest gains, several smaller-cap tokens delivered standout performances. Among them, Stacks (STX), Optimism (OP) and Kaspa (KAS) led the charge.
Stacks price
Stacks (STX) led the day with a roughly 25% surge over 24 hours. The recent strength for STX has been tied to renewed interest in Bitcoin Ordinals and the broader growth of Bitcoin-based NFTs, which has increased demand for Stacks’ ecosystem. STX traded up to about $0.76 on Tuesday, rising from recent lows near $0.58. The token’s all-time high remains $3.39, set in December 2021.
Optimism price
Optimism (OP) climbed roughly 18% at the time of reporting. The layer-2 token rose to around $1.34 on Tuesday after dipping to about $1.06 earlier in the week, buoyed by the market-wide rebound. A specific catalyst for OP’s move was the debut of an Optimism-powered testnet on the BNB Chain. The opBNB testnet went live on Binance’s BNB Chain on Monday and helped drive higher trading volumes and renewed interest in the OP token. OP’s record high of $3.22 was reached in February of this year.
Kaspa price
Kaspa (KAS) also posted double-digit gains on Tuesday, ranking among the top gainers within the top 100 coins by market capitalization. KAS was up more than 11% on the day and has climbed over 40% in the past week, signaling growing bullish momentum. At the time of writing, KAS/USD was trading around $0.022, roughly 46% below its all-time high of $0.043 set in April.
Recent developments for Kaspa include a funding pool initiative aimed at facilitating a future listing on the Bitpanda exchange. Kaspa is a layer-1, proof-of-work blockchain that uses a GHOST-based protocol; the GHOST concept has been referenced in the technical literature of projects such as Ethereum, Cardano and XRP.
Overall, Tuesday’s market action showed how Bitcoin’s breakout above $28,000 helped lift a range of altcoins. While major tokens saw steady gains, niche projects and layer-2 solutions captured outsized moves as market participants rotated into assets tied to on-chain activity, ecosystem upgrades and cross-chain developments.