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Stacks Ecosystem Becomes #1 Web3 Project on Bitcoin -Breaking

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Stacks Ecosystem is the #1 Web3 Project for Bitcoin

Hiro is the leading developer tool company for builders of the economy. This year marks the first anniversary of Stacks. The blockchain that made Bitcoin programmable celebrates record-breaking growth. The Stacks ecosystem is now at 350+ million API requests per month, 50,000 Hiro Wallet Downloads, 2,500 Clarity smart contract deployments and dozens more companies have been launched in just one year. Stacks is now the fastest-growing Web3 project and one of the most popular on Bitcoin.

Stacks connects directly to Bitcoin, bringing fully expressive smart contracts to the world’s original blockchain while maintaining Bitcoin’s guiding principles of security and decentralization. Hiro tools make it possible for Stacks developers to unleash Bitcoin’s full potential and create decentralized applications that grow the Bitcoin economy.

“Stacks saw incredible growth over the past year”
Hiro’s CEO, Dr. Muneeb Ali.

“Stacks was the fastest-growing Web3 Bitcoin project in December 2021. The tools Hiro built for smart contracts have enabled truly unique use cases on Bitcoin’s original blockchain. These include Bitcoin DeFi and DAOs as well as gaming and expressing Bitcoin culture via Bitcoin NFTs.
For 2021

  • The first-ever fully expressive smart contracts were built for the Bitcoin blockchain, thanks to Clarity, Stacks’ native programming language built in partnership by Hiro, the Stacks Foundation, Algorand, and other ecosystem developers. More 2,500 According to the Electric Capital Report, smart contracts have been used and more than a million people are now using them. 120Hiro Tools are being used daily by developers, with over 100 per month. 350+ millionsAPI request for monthly.
  • Hiro Wallet was the top-ranked wallet within the Stacks Ecosystem. 40,000It has received over 1 million downloads within its first year. This wallet allows you to stack to receive monthly Bitcoin rewards and connect to over 50 services and applications.
  • There is more than 11,000 Users earn more than 100+ Bitcoin per month as Stacks rewards, and there are over 50 millionIn total rewards received by participants in the Stacks consensus system, which is more than $1BIn total value
  • With:
    • The launch of xBTC – the only wrapped Bitcoin asset secured by the Bitcoin blockchain;
    • Arkadiko’s lending protocols generating over $50 million in locked assets within the first two weeks of launch; and
    • Lightning decentralized swaps were added. Users can exchange STX for Bitcoin and stablecoins.
  • The foundation of innovation was laid by the first projects that were launched on Stacks. With CityCoinsLaunch in New York City or Miami More than $50,000,000wurde for the city treasuries. Over 140,000 NFTsStacks minted them. This shows the need for Bitcoiners-inspired and made for Bitcoiners art. Hiro’s customers include Arkadiko (ALEX), Sigle, Layer and Moonray. They collectively raised more than $24 million.

“Stacks are the driving force behind building a user-owned internet,”
Brittany Laughlin was the executive director of the Stacks Foundation. The foundation is an independent non profit organization which supports Stacks-related governance, research and developments, education and grants.

“The Stacks Community has demonstrated the extraordinary potential of smart contract for Bitcoin. From DeFi to NFTs to city coins, philanthropic efforts to portable identity and new infrastructure all within a year. Visionary builders are the ones who will determine what next. “We can’t wait for the next step!”

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