The STABLE token has seen an impressive surge, gaining over 30% in just one day as traders prepare for the upcoming StableChains v120 mainnet upgrade. According to analysts cited in the report, the outlook is promising for the token as the upgrade date approaches. Scheduled for February 4, 2026, this upgrade is generating significant excitement in the crypto community.
Price Surge of STABLE
The price of STABLE reached 0.03052, with trading volume skyrocketing by 307%. This increase is largely attributed to the anticipation surrounding USDT, which is set to become the native gas token for the network. The StableChains platform aims to establish itself as the primary settlement layer for stablecoin transactions, enhancing its appeal to users and investors alike.
Investor Backing and Market Positioning
Backed by prominent investors including:
- Bitfinex
- Hack VC
- USDT
the network is positioning itself to attract institutional players and payment providers who seek stable costs through dollar-denominated gas. As a result, the market capitalization of STABLE has surged to $53.717 million, indicating a robust institutional interest in stablecoin operations.
On February 1, 2026, Starknet announced plans to unlock approximately 127 million STRK tokens, a significant event that could influence the DeFi landscape. For more details, see the full story.
