The Stacks (STX) ecosystem is witnessing growing institutional and exchange support as it prepares for a significant network milestone.
- Binance to support Stacks (STX) network upgrade and hard fork on November 11.
- Deposits and withdrawals pause temporarily, while trading remains active.
- Hex Trust integrates Stacks and sBTC, expanding institutional access to Stacks DeFi.
- STX holds near $0.42, with bullish signals suggesting room for further upside.
Binance has officially confirmed its participation in the upcoming Stacks network upgrade and hard fork, while Hex Trust, a major digital asset custodian based in Asia, announced the integration of both Stacks (STX) and sBTC into its custody and staking platform.
Together, these developments signal stronger infrastructure support for the Stacks ecosystem and a growing interest in Bitcoin-layer DeFi solutions.
Binance to Ensure Smooth Network Transition
According to Binance, deposits and withdrawals for Stacks (STX) will be temporarily suspended starting at 18:00 (UTC+2) on November 11, as the network prepares for its upgrade at block height 923,222, expected around 19:00 the same evening.
The exchange emphasized that trading of STX and related tokens will continue uninterrupted in both spot and derivatives markets. Binance’s technical team will handle all required adjustments internally, ensuring that users do not need to take any action. Once the network is deemed stable after the upgrade, deposits and withdrawals will automatically reopen, with no further announcements planned.
Binance stated that the purpose of this upgrade is to enhance network stability, security, and transaction efficiency, reinforcing user confidence that all funds will remain safe during the process.
Hex Trust Brings Stacks and sBTC to Institutional Custody
In a parallel development, Hex Trust announced it has added Stacks (STX) and sBTC support to its custody and staking services. The integration enables institutional clients to gain exposure to Stacks DeFi, including access to native BTC-yield products, without needing to manage complex wallet infrastructure.
Hex Trust, a leading digital asset custodian based in Asia, has announced the integration of Stacks (STX) and sBTC into its platform. pic.twitter.com/1tWpx40ry5
— stacks.btc (@Stacks) November 11, 2025
The company also revealed plans to integrate the WalletConnect SDK, which will provide users direct connectivity to decentralized applications within the Stacks ecosystem. This move makes Hex Trust one of the first major custodians to bridge Bitcoin-based DeFi tools with institutional infrastructure.
Stacks’ integration on Hex Trust’s platform represents a major step toward making Bitcoin-layer DeFi accessible to regulated entities in Asia and beyond, offering investors a safer way to participate in BTC-yield products.
Market Outlook: Technical Indicators Show Growing Confidence
Following these announcements, STX has traded around $0.42, reflecting renewed market confidence. The chart shows a steady recovery from earlier lows, with the MACD signaling a gradual upward momentum. The RSI (60.7) also indicates that buying pressure remains moderate, suggesting that traders are accumulating ahead of the network upgrade.
If bullish sentiment continues and the upgrade proceeds without issues, STX could test the $0.46–$0.50 resistance range in the short term, with potential for a larger move toward $0.55 in the following weeks. Conversely, any technical hiccups during the transition could briefly push prices back to the $0.38–$0.40 range before rebounding.
The combination of Binance’s operational backing and Hex Trust’s institutional adoption places Stacks in a stronger position to expand its ecosystem and attract both retail and professional investors.
A Stronger Foundation for Stacks DeFi
As the Stacks upgrade unfolds, these parallel developments highlight the growing appeal of Bitcoin-layer solutions in the evolving DeFi landscape. With increased exchange support, deeper liquidity access, and institutional infrastructure now in place, Stacks appears well-positioned to drive the next phase of Bitcoin-powered decentralized applications.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.