[STX Rises 10.9% in a Single Day, Stacks Co-Founder Muneeb Ali to Become CEO of Stacks Labs] Odaily Planet Daily News: Muneeb Ali announced on the X platform that he will take on the role of the new CEO of Stacks Labs. Last year, Stacks underwent an ecosystem restructuring, with Stacks Labs becoming the protocol's operational hub. Over the past year, Alex Miller served as the interim CEO of Stacks Labs. Muneeb Ali stated that his confidence in STX is higher than ever before; with the successful launch of Bitcoin staking, he plans to increase investment in the development of Bitcoin capital markets. Influenced by this news, STX has risen 10.9% in the past 24 hours.