Stacks, the layer 2 solution that’s built on top of the world’s biggest apex token, has seen its price temporarily spike in what has proven to be a bearish market over the past few days. Stacks peaked at $3.61 on Tuesday even as global crypto market share fell and negatives across the industry drug down Ether and Bitcoin. The buzz around the NYCCoin and minting of StackPandas helped the firm push through the market to gain massive value in a short time. Additionally, Stacks CEO Muneeb Ali said he was bullish on Bitcoin’s Taproot upgrade. Over the past 24 hours, STX is trading 7.2% lower at $2.13, and it still lost value to both Bitcoin and Ether, likely returning to the mean. The STX.X token sat at $2.14 at press time.