ChainCatcher message, IntoTheBlock reveals on platform X that the supply of Bitcoin on EVM chains is expected to see significant growth in 2024🎉. This growth is mainly attributed to the introduction of the 'Bitcoin Staking' mechanism. Bitcoin staking not only provides holders with new revenue streams but may also alter the supply and demand dynamics in the market.
For Bitcoin holders, this is undoubtedly good news, as the staking mechanism is expected to bring additional earnings💰. However, the market's reaction remains to be observed, and investors should remain cautious and closely monitor market changes📊. In summary, the introduction of Bitcoin staking brings new possibilities to the blockchain industry, warranting continued attention.