Amidst a flourishing crypto market, Stacks (STX) has achieved a remarkable 26-month high, with the global market capitalization crossing the $2 trillion threshold. Trading fervor has noticeably intensified, with total open interest doubling from $55 million to $118 million in a matter of days.

Despite a 4.52% dip in the past 24 hours, Stacks trades at $2.50, boasting a 40% increase on a weekly basis and a market capitalization exceeding $3.5 billion, earning it the spot as the world’s 30th-largest cryptocurrency.

Originally known as Blockstack, Stacks was developed by computer scientists Muneeb Ali and Ryan Shea. It operates as a layer-1 blockchain, utilizing the STX token for smart contracts and digital asset registration. The project’s ethos, “can’t be evil,” reflects its commitment to internet democratization and reducing the dominance of large corporations.

The Bitget Token (BGB) has also seen an impressive surge in value, currently trading at 98 cents, which is a 49.3% increase over the past week. With a market cap of over $1.3 billion, BGB has been designed to facilitate transactions, offer trading fee discounts, and incentivize user participation on the Bitget platform.

Bitget has recently brought Vugar Usi Zade on board as Chief Operations Officer to spearhead its expansion into new markets across Latin America, the Middle East, Africa, Southeast Asia, and Europe.

Wen, the Solana-based meme coin, has demonstrated its resilience by recovering from a recent plunge. Despite a substantial token burn meant to eliminate 27% of its total supply, Wen’s value initially dropped. However, a 121.44% surge over the last seven days has shown the coin’s ability to bounce back from adversity.

Even after market challenges, Wen continues to garner interest following an airdrop to over a million wallets, proving its tenacity and potential for growth amidst market uncertainties.