Stacks named Coin of the Day as Gravity surges 78% in mixed crypto session
Stacks (STX)
Editor:
Eugene Serbin
Cvj.ai reported that the total cryptocurrency market capitalization fell 1.04% to $2.74 trillion over the past 24 hours, with Bitcoin dropping 0.66% to $80,500. Despite this decline, 88% of coins gained value, driven by a sharp 40.82% drop in trading volume to $218.50 billion. Bitcoin’s market cap settled at $1.62 trillion while its dominance edged up 0.02% to 58.93%, indicating resilience against altcoin volatility.
Ethereum experienced a steeper 1.91% decline to $2,576.85, highlighting sector-specific pressures compared to Bitcoin’s relative safety. Gravity led the gains among top 200 cryptocurrencies with a 78.65% surge, while ZAMA also posted strong gains. Stacks was named Coin of the Day by CoinCodex, recognized for its performance as a Bitcoin layer-2 solution.
The broad rally in smaller-cap coins suggests a rotation into altcoins despite the overall market cap decrease. This divergence between major assets and the majority of coins indicates a cautious but active trading environment. Investors are monitoring whether this altcoin momentum can sustain itself amid reduced volume. The data reflects a market where volume shrank but risk appetite persisted in specific segments.
How the market reacted
Whalio's own Binance spot order flow for STX, measured when this story was written up on 20 September 2026. Not the outlet's figures.
Stacks traded at $0.3153 with a 1-hour buy ratio of 40.3%, contrasting sharply with a 56.4% buy ratio over the past 4 hours. This shift suggests that immediate buying pressure is fading after a stronger short-term inflow. The 24-hour buy ratio sits at 48.2%, indicating a near-even split in order flow over the full day. Volume delta turned negative by -$21,177 in the last hour, reversing the positive $189,075 seen over the previous 4 hours. A negative volume delta means sellers are executing larger trades than buyers, pushing the price down. Over 24 hours, the net volume delta is -$176,632, with cumulative selling pressure resulting in a CVD of -$42,670. Despite lower recent buying intensity, spot volume remains robust at $5,122,724 with 46,162 trades recorded.
The latest daily buy ratio of 55.9% sits at the 87th percentile of the last 323 days, against a median of 50.8% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for STX, averaged over the days leading up to the story.
Over the preceding week, Stacks saw a 17.5% price increase and 2.42 times the average daily volume. However, the current day’s buy ratio of 48.2% is 0.7 percentage points below the 7-day average of 48.9%. This slight dip in buying intensity occurs despite significantly higher trading activity compared to the weekly norm. Net buying days dropped to 4 out of 7 in the weekly view, with a total volume delta of -$886,441. This context suggests that while volume is elevated, the consistent buying pressure seen in averages is weakening slightly on this specific day.