STX 历史价格与收益解析：我现在应该购买 STX 吗？

Summary

This article provides a comprehensive review of the historical price movements and market fluctuations of STX (Stacks) since its inception. Combining data from bull and bear market phases, it evaluates the potential returns for investors purchasing 10 STX tokens and answers the key question, “Should I buy STX now?” to help both beginners and long-term investors grasp the timing and growth potential of their investments.

Project Background: Stacks’ Mission and Positioning

Stacks (formerly Blockstack) is a new internet infrastructure designed to empower decentralized applications, equipped with a full suite of open-source development tools to build and guide a decentralized ecosystem of applications and protocols. Its goal is to become the “Google” of blockchain, providing users with full control over their data through a three-layer architecture (underlying blockchain - peer-to-peer network - data layer). Stacks employs a hybrid consensus mechanism called Proof of Transfer (PoX) and implements smart contract functionality using the Clarity programming language, supporting the creation, ownership, and transfer of digital assets.

Bull Market Starting Point and Early Market Cycle: Historical Price Review (2017 to 2021)

The early trading price of STX was approximately $0.66. Below are the price changes during the initial market phase and the first bull run:

2017

• Opening Price: $0.66
• Closing Price: $0.8789
• Highest Price: $0.8789
• Lowest Price: $0.4729
• Annual Return: 33.17%

2018

• Opening Price: $1.55
• Closing Price: $0.0125
• Highest Price: $1.55
• Lowest Price: $0.0124
• Annual Return: -99.19%

2019

• Opening Price: $0.0136
• Closing Price: $0.008
• Highest Price: $0.0341
• Lowest Price: $0.008
• Annual Return: -41.18%

2020

• Opening Price: $0.0084
• Closing Price: $0.00868
• Highest Price: $0.0116
• Lowest Price: $0.0028
• Annual Return: 3.33%

2021

• Opening Price: $0.00868
• Closing Price: $2.4
• Highest Price: $2.66
• Lowest Price: $0.00868
• Annual Return: 27,508.29%

An investor who bought 10 STX in 2017 and sold in 2026 would have a potential return of -0.947 (a loss).

Bear Market Adjustment and Mid-term Market Cycle: Return and Risk Analysis (2022 to 2023)

During this period, STX’s price experienced significant declines followed by rebounds. The deep correction from 2018 to 2020 posed serious loss risks for investors, but the explosive growth in 2021 injected renewed confidence into the market.

The potential returns for an investor purchasing 10 STX at different stages are:

• 2022: -17.74 (loss)
• 2023: 0.6121 (slight gain)

Recent Market Cycle: Should I buy STX now? (2024 to 2026 so far)

In the past two years, STX has experienced volatility with a rise followed by a fall. After a slight rebound in 2024, the market has continued downward from 2025 to 2026, entering a long-term correction phase.

2024

• Opening Price: $1.67
• Closing Price: $1.76
• Highest Price: $3.66
• Lowest Price: $1.32
• Annual Return: 5.79%

2025

• Opening Price: $1.51
• Closing Price: $0.3561
• Highest Price: $1.51
• Lowest Price: $0.2494
• Annual Return: -76.44%

2026 (so far)

• Opening Price: $0.3828
• Closing Price: $0.2881
• Highest Price: $0.3828
• Lowest Price: $0.2826
• Annual Return: -24.74%

The potential returns for an investor buying 10 STX during this period are:

• 2024: -13.773 (loss)
• 2025: -12.236 (loss)
• 2026 so far: -0.947 (loss)

Conclusion: Bull, Bear, and Investment Timing Analysis

By analyzing STX’s historical prices and potential returns, we observe that this asset exhibits extreme volatility: from a slight increase in early 2017 to a catastrophic crash in 2018 (-99.19%), then to a super bull market in 2021 (+27,508%), and finally into a prolonged bear market pressure. Since 2022, STX has continued to face downward pressure, with consecutive declines in 2025 and 2026 indicating that market sentiment has yet to recover. At the current price level (around $0.29), investors should carefully evaluate the project’s fundamentals and market recovery prospects before deciding whether it is a suitable time to accumulate.