The TVL (total locked asset value) on Bitcoin L2 chain exceeding $1 billion is an important milestone, marking that the Bitcoin second-layer network is gradually gaining market recognition and acceptance.
Overall situation: The TVL on Bitcoin L2 chain has exceeded $1 billion, showing the strong growth of the second-layer network in asset storage and liquidity.
Bitlayer's performance: Among these L2 projects, Bitlayer's performance is particularly outstanding. It has jumped to the top of the TVL on Bitcoin L2 chain with a monthly increase of more than 57%, showing its strong growth momentum. At present, Bitlayer's TVL accounted for 31.09%, becoming the leader in this track.
Other major projects: Merlin ranked second with a share of 28.96%, followed by Rootstock with a share of 14.31%. Other projects such as BSquared, CORE and Stacks also followed closely with 6.75%, 6.34% and 6.31% respectively, together forming the diversified development of Bitcoin L2 ecology.
Background and reasons for growth: The growth of TVL on Bitcoin L2 chain reflects the market's recognition and acceptance of the second-layer network technology. The second-layer network has brought new vitality and opportunities to the Bitcoin ecosystem by increasing transaction speed and reducing transaction costs. As one of the best, Bitlayer's monthly increase of more than 57% may be due to the combined effect of its excellent technical architecture, user-friendly interface and strong marketing strategy.
Future Outlook: With the continuous development of Bitcoin L2 ecology, it is expected that more projects will join this track in the future to jointly promote the prosperity and development of the Bitcoin ecosystem. At the same time, with the continuous advancement of technology and the continuous expansion of application scenarios, the TVL on Bitcoin L2 chain is expected to continue to grow, providing investors and users with more choices and opportunities.
In summary, the TVL on Bitcoin L2 chain exceeding US$1 billion is an important milestone, indicating that the Bitcoin second-layer network is gradually gaining market recognition and acceptance. As one of the best, Bitlayer's monthly increase of more than 57% is even more eye-catching. In the future, with the continuous advancement of technology and the continuous expansion of application scenarios, the Bitcoin L2 ecosystem is expected to achieve greater prosperity and development.
