Bitcoin smart contract and scaling platform tokens such as Stacks and RIF have become beneficiaries of the recent Bitcoin surge.
Bitcoin scaling tokens and BRC-20 coins surged on Monday, outperforming the wider crypto markets and even BTC, despite tapping its own 25-month high.
Bitcoin layer-2 network tokens, such as Stacks (STX) and RSK Infrastructure Framework (RIF), made double-digit gains amid a wider crypto rally.
Stacks, a Bitcoin-focused smart contract platform, skyrocketed 30% from an intraday low of $2.44 to top out at $3.21 in early trading on Feb. 27, doubling its price over the past 30 days, according to CoinGecko.