$STX has only 67M on-chain funds, which is 1/32 of other sidechains. Its market value is similar to that of Ethereum layer2 projects ($ARB $OP ). Of course, I am not saying that stx is not good. What I mean is that there is still a lot of room for decline. Of course, a 10-fold decline is also a very low probability event, after all, it is the second layer of btc. In the short term, unless its chain can blossom (assuming it can blossom, btc will not fall like this, and there is still no new growth point, so the current trend of continuous reduction of on-chain lock-up will basically not be reversed. When writing this post, the face is still 86M😵‍💫).

After I go deeper into stack development, I will see if it has a chance to be like eth in the early stage of defi in 2019.