Is interest regarding Bitcoin L2s truly picking up?

Signal21 charts clearly show Stacks growth in terms of network activity and active participants.

It will become even more interesting as the Nakamoto upgrade, and sBTC activates the Bitcoin economy.

The Bitcoin halving and Nakamoto upgrade are just around the corner. 🟧

Mark your calendar for the Building on Bitcoin virtual event on April 25. 📅

Join Bitcoin leaders as they unpack these significant milestones and what lies ahead for the ecosystem.

https://bitcoinunleashed.org

The Stacks ecosystem offers exciting news every week:

• ALEX closed a $10M funding round led by The Spartan Group

• Stacking DAO announced V2 to bootstrap a Signer network

• STXTools V3 is live with new tokens, data, and more

Don't miss out on what is happening on Stacks by receiving weekly updates with the StacksSnacks newsletter.
https://stackssnacks.com/p/stacks-reaches-close-800000-transactions-4th-month-row

Ordinals and BRC-20s have significantly boosted Bitcoin on-chain activity.

However, the Bitcoin ecosystem also needs scalable protocols and DeFi apps.

L2s like Stacks are making this possible.

With sBTC coming, builders will be able to create Bitcoin-focused apps.

The Stacks DeFi ecosystem is growing fast.

• New DEXs like Velar and Bitflow Finance

• Lending markets enabled by Zest Protocol

• Liquid Stacking power by Stacking DAO & LISA

• Vaults with Hermetica

With sBTC, they will unlock the Bitcoin economy.

The Nakamoto upgrade instantiation will occur approximately on April 16.

It will mark a new chapter for the Stacks ecosystem.

Faster transaction times and Bitcoin finality will be achieved.

Then, the focus will be on sBTC, which will unlock the Bitcoin economy.

According to Signal21, the Stacks network witnessed a 74% TVL growth in Q1 of 2024.

It showcases the increased interest in Stacks DeFi.

Recent protocol launches, increased trading activity and upcoming apps will drive more users to the ecosystem.

Another exciting week for the Stacks ecosystem:

• Instantiation block for the Nakamoto Rollout announced

• Arkadiko Finance reports a 170% TVL growth

• Stacking DAO announced a fresh rebrand

Subscribe to StacksSnacks weekly newsletter to keep up with ecosystem news 👇

https://buff.ly/4am1EnN

Bitcoin is the largest cryptocurrency in the world.

Now it's time to develop a strong DeFi, NFT, and app ecosystem on top of it.

With the Nakamoto upgrade and sBTC, Stacks is making its top priority to help Bitcoin unlock its potential.

Mark your calendar for this Friday at 6 PM CET. 📅

Join the weekly SIP call focused on analyzing tokenized standards.🪙

New explorative approaches will be a key aspect of the discussion.

https://twitter.com/i/spaces/1mnxeprYlYvJX

Ready for a new Building on Bitcoin virtual event? 🟠

Mark your calendars for April 25 at 10 AM ET. 📅

Join builders and investors to talk about the rapidly growing Bitcoin ecosystem.

Register now here:
https://stx.is/BitcoinUnleashedEvent

The Bitcoin DeFi ecosystem keeps growing!

Portal Finance, a DEX for assets built on Bitcoin layers, will integrate sBTC.

Building the foundations of Bitcoin DeFi is the only way to unlock the Bitcoin economy.

The Nakamoto upgrade activation will be completed in roughly a month.

What does it mean?

• Fast block times
• Transactions secured by 100% Bitcoin finality

It will bring improved UX for users and marks a significant step towards Bitcoin ecosystem scalability.

Stacks network has been integrated into @Galxe.

Galxe is the leading tool for incentivizing crypto communities' growth and retention.

Stacks apps can now track users' on-chain actions through quests and reward community contributions.

Learn more about the integration here:
https://stacks.org/galxe-integration

Bitcoin has been viewed only as a store-of-value asset for a long time.

L2s are slowly enabling the development of a digital economy on top of Bitcoin.

With the Nakamoto upgrade and sBTC release, Stacks will further accelerate this transition.

Bitcoin L2s are getting more spotlight from top-tier media.

Both Decrypt and Forbes covered Stacks and the Nakamoto upgrade.

More and more people are discovering Bitcoin L2s; A great step to onboard new people.

Here are the articles:
Forbes -> https://buff.ly/4b0NeJD
Decrypt -> https://buff.ly/49H81AT

The Stacks Nakamoto instantiation is happening this Monday.⌛️

It will mark the initial phase of the upgrade process, ultimately leading to faster blocks and Bitcoin finality.

The release the community has been waiting for a long time is almost here!

Want to learn about the best security practices that Stacks community can apply?

Security is a huge topic in the crypto space that always stays relevant.

Join tomorrow AMA at 6:00 PM CET to discuss wallet safety, smart contracts risks, and more.

https://x.com/i/spaces/1vAxRvVbgXkxl

After the Nakamoto, sBTC will be the next big release.

It will unlock the Bitcoin economy by empowering DeFi and protocols focused on BTC.

With faster blocks post Nakamoto, users will also enjoy an improved UX.

These two releases are big milestones for Bitcoin L2s adoption.

It has been a massive week for the Bitcoin ecosystem:

• Bitcoin halving completed
• Runes standards launched
• Stacks Nakamoto instantiation on Monday

Bitcoin interest keeps rising, and it's time to scale the network with L2s.