Bitcoin's 'Apex Predator' Status Driving Innovation in Layer-2s and DeFi
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Bitcoin ecosystem seeing a flurry of new development activity, with innovations in layer-2 networks, NFTs, DeFi, and more.
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Stacks CEO Muneeb Ali says Bitcoin is the "apex predator" in crypto with over $1 trillion in market cap, making Bitcoin layer-2s potentially massive.
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Upcoming Stacks upgrade called Nakamoto aims to drastically improve speed and bring full Bitcoin security to Stacks layer-2.
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With new layer-2s like Babylon allowing staking, there is growing potential to "reuse" the vast amounts of BTC capital in innovative ways.
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For mainstream adoption, new web wallets like Leather exposing people to using Bitcoin actively on layer-2s could showcase the power of the technology.