With#bitcoincurrently rising to $90K, I am looking for L2 projects for bitcoin.
🔶One of the projects I am optimistic about is $STX, the @Stacks project.
It is considered the most important L2 project of Bitcoin.
The currency is available on major platforms such as:
🔶Binance
🔶coinbase
The project provides the tools to use and build applications that rely on Bitcoin as a secure base layer.
First, let's talk about the currency price and the market cap.
🔶Currency price: $2
🔶Market cap $3 billion
🔶Supply 1.5 billion STX coins
In beautiful and important news for the project, it was posted on their account.
🔶 sBTC The service will be launched next month. Brief explanation of the service
Developers are working on launching the first functions of sBTC, a decentralized way to transfer your coins to and from L2 Stacks, an innovative mechanism secured by
100% of Bitcoin's security budget, making Stacks the perfect L2 for Bitcoin
🔶 The Stacks ecosystem has ecosystem support, and the most prominent of these institutions are:
🔸BitGo
🔸Asymmetric Research
🔸Apartments
🔸Blockdaemon
And many more who contribute to the sustainable growth of Stacks.
🔶The Nakamoto upgrade was a major step towards securing the highest level of layer 2 (L2) security on Bitcoin.
🔸Stacks transactions are now secured by 100% of Bitcoin's security budget
Most importantly, the core developers at Stacks are currently working on improving performance and increasing the ability to process transactions (Throughput), which will greatly enhance the efficiency of the network.
🔸With these exciting developments and broad institutional support, Stacks is gaining traction in the Bitcoin ecosystem. The coming months will be filled with opportunities and transformations that should excite every Bitcoin enthusiast, especially with technical improvements that put Stacks and sBTC at the forefront of Bitcoin’s technical future.
🔸$STX has also become part of the Coinbase 50 Index.
The Coinbase 50 Index is the world's leading index of digital assets.
Always do your own research.
$STX | $BTC | #binance |$bitcoin
