Convert and Swap Stacks STX to Indian Rupee INR
STX/INR: 1 Stacks equals ₹124.10 INR
Last update: 8:42 PM, January 22, 2025
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Stacks is falling this week.
The current price of Stacks is ₹124.10 per STX. With a circulating supply of 1,509,965,720.802 STX, it means that Stacks has a total market cap of ₹187,646,829,317.25. The amount of Stacks traded has fallen by ₹1,725,177,082.31 in the last 24 hours, which is a 35.00% decrease. Additionally, in the last day, ₹4,928,435,698.76 worth of STX has been traded.
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About Stacks
STX is the native token of the Stacks network, which aims to enable DeFi, NFTs, apps, and smart contracts for Bitcoin. STX is used to pay transaction fees and can be locked directly on the network to earn BTC rewards.
Stacks (STX) is a unique layer built on top of the Bitcoin blockchain, designed to extend Bitcoin's functionality without altering its core properties. It enables the development of smart contracts and decentralized applications (dApps) that can interact with Bitcoin's state, effectively making Bitcoin a fully programmable asset. Stacks aims to unlock the latent capital in Bitcoin, estimated at over $500 billion, for use in decentralized applications. It achieves this through its Proof of Transfer consensus mechanism and Clarity programming language, which allow it to interact with Bitcoin's state and settle transactions on the Bitcoin blockchain. The Stacks ecosystem is a collective of independent entities, developers, and community members striving to build a user-owned internet on Bitcoin.
Stacks operates using a unique consensus mechanism known as Proof of Transfer (PoX). This mechanism allows users to transfer the base currency (BTC) to mine STX, effectively bootstrapping the security of the Stacks blockchain using BTC. All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin blockchain, providing robust security. Stacks also uses the Clarity programming language, which is designed for safety and predictability, enabling developers to create smart contracts with a high degree of certainty about their behavior. The upcoming release of Stacks will introduce a novel Bitcoin-backed asset called sBTC, which will enable Stacks smart contracts to interact with Bitcoin.
Stacks opens up a wide range of potential use cases by enabling smart contracts and dApps to interact with Bitcoin. This could lead to the development of decentralized finance (DeFi) applications that use Bitcoin as their primary asset, unlocking billions in latent capital. Stacks could also facilitate the creation of Bitcoin-backed stablecoins, lending platforms, and other financial applications. Additionally, Stacks' Clarity programming language could be used to develop safer and more predictable smart contracts, reducing the risk of exploits and vulnerabilities. The introduction of sBTC, a 1:1 Bitcoin-backed asset, will further expand the potential use cases for Stacks by enabling faster and cheaper transactions that settle on Bitcoin.
The Stacks project was initiated in 2017 by Muneeb Ali, who had just completed his PhD. His thesis laid the groundwork for the Stacks layer for Bitcoin. The original whitepaper was released the same year, and the project raised $50 million in funding. Prior to this, the early team had been building protocols and apps on Bitcoin before they started working on Stacks. In 2019, Stacks conducted the first-ever SEC-qualified token offering for the general public, including the US. From 2018 to 2020, the team focused on building out the Stacks infrastructure, which includes a programming layer for Bitcoin and the Clarity language. The Stacks cryptocurrency has a predefined future supply that will reach approximately 1,818 million STX by the year 2050.
How Stacks and Indian Rupee differ
Stacks (STX) and the Indian Rupee (INR) are two distinct forms of assets, each with their unique characteristics and uses. Stacks is a layer built on the Bitcoin blockchain, aiming to extend Bitcoin's functionality by enabling the development of smart contracts and decentralized applications (dApps). It strives to unlock the latent capital in Bitcoin for use in decentralized applications through its Proof of Transfer consensus mechanism and Clarity programming language. On the other hand, the Indian Rupee is a traditional fiat currency, regulated by the Reserve Bank of India, and used for everyday transactions in India. Unlike Stacks, which operates on a decentralized blockchain network, the Indian Rupee is centralized and its value is influenced by economic factors such as inflation, interest rates, and government policies. Furthermore, while Stacks aims to facilitate the creation of Bitcoin-backed stablecoins, lending platforms, and other financial applications, the Indian Rupee serves as a medium of exchange, store of value, and unit of account in the Indian economy. The upcoming release of Stacks will introduce a novel Bitcoin-backed asset called sBTC, which will enable Stacks smart contracts to interact with Bitcoin, a feature not available with the Indian Rupee.
Frequently asked questions
How much is 1 Stacks in INR?
Right now, 1 Stacks is worth about ₹124.10.
How much STX could I buy for 1 INR?
Based on the current rate, you could get 0.0081 STX for 1 INR.
How much has the price of Stacks changed?
Stacks price has been declining. Since yesterday, the exchange rate of Stacks has decreased. Since last month, the exchange rate of Stacks has decreased. Since this time last year, the price of Stacks has increased.
How do I calculate or convert STX to INR?
You can use our STX to INR calculator at the top of this page to convert any amount of STX to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.0403 STX. Inversely, 5 STX will cost about ₹620.52
How can I buy 1 Stacks on Coinbase?
Stacks is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Stacks.
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STX to Indian Rupee conversion tables
The exchange rate of Stacks is decreasing.
The current value of 1 STX is ₹124.10 INR. In other words, to buy 5 Stacks, it would cost you ₹620.52 INR. Inversely, ₹1.00 INR would allow you to trade for 0.0081 STX while ₹50.00 INR would convert to 0.4029 STX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.82%. Meanwhile, in the last 24 hours, the rate has changed by 3.14%, and that the the highest exchange rate of 1 STX to Indian Rupee was ₹130.09 INR and the lowest 24 hour value was 1 STX for ₹122.79 INR. This time last month, the value of 1 STX was ₹139.59 INR, which is a 13.08% increase from where it is now. Looking back a year, Stacks has changed by ₹103.04 INR.
STX to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₹128.07 INR | -3.14% | ₹136.34 INR | -8.82% | ₹139.59 INR | -13.08% | ₹103.04 INR | 14.25% |
STX to INR
Amount | Today at 8:42 pm |
|---|---|
0.5 STX | ₹62.05 |
1 STX | ₹124.10 |
5 STX | ₹620.52 |
10 STX | ₹1,241.05 |
50 STX | ₹6,205.25 |
100 STX | ₹12,410.49 |
500 STX | ₹62,052.46 |
1,000 STX | ₹124,104.91 |
INR to STX
Amount | Today at 8:42 pm |
|---|---|
0.5 INR | 0.0040 STX |
1 INR | 0.0081 STX |
5 INR | 0.0403 STX |
10 INR | 0.0806 STX |
50 INR | 0.40 STX |
100 INR | 0.81 STX |
500 INR | 4.03 STX |
1,000 INR | 8.06 STX |
Today vs. 24 hours ago
Amount | Today at 8:42 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 STX | ₹62.05 | ₹64.06 | -3.14% |
1 STX | ₹124.10 | ₹128.13 | -3.14% |
5 STX | ₹620.52 | ₹640.64 | -3.14% |
10 STX | ₹1,241.05 | ₹1,281.29 | -3.14% |
50 STX | ₹6,205.25 | ₹6,406.43 | -3.14% |
100 STX | ₹12,410.49 | ₹12,812.85 | -3.14% |
500 STX | ₹62,052.46 | ₹64,064.27 | -3.14% |
1,000 STX | ₹124,104.91 | ₹128,128.53 | -3.14% |
Today vs. 1 month ago
Amount | Today at 8:42 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 STX | ₹62.05 | ₹71.09 | -12.71% |
1 STX | ₹124.10 | ₹142.18 | -12.71% |
5 STX | ₹620.52 | ₹710.90 | -12.71% |
10 STX | ₹1,241.05 | ₹1,421.81 | -12.71% |
50 STX | ₹6,205.25 | ₹7,109.05 | -12.71% |
100 STX | ₹12,410.49 | ₹14,218.09 | -12.71% |
500 STX | ₹62,052.46 | ₹71,090.46 | -12.71% |
1,000 STX | ₹124,104.91 | ₹142,180.92 | -12.71% |
Today vs. 1 year ago
Amount | Today at 8:42 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 STX | ₹62.05 | ₹53.65 | +15.67% |
1 STX | ₹124.10 | ₹107.30 | +15.67% |
5 STX | ₹620.52 | ₹536.48 | +15.67% |
10 STX | ₹1,241.05 | ₹1,072.97 | +15.67% |
50 STX | ₹6,205.25 | ₹5,364.83 | +15.67% |
100 STX | ₹12,410.49 | ₹10,729.66 | +15.67% |
500 STX | ₹62,052.46 | ₹53,648.28 | +15.67% |
1,000 STX | ₹124,104.91 | ₹107,296.56 | +15.67% |
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