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Stacks, a Bitcoin Layer-2 protocol, has experienced a 30% monthly surge in smart contract activity, marking a record growth. This increase underscores Bitcoin's expanding role in decentralized finance and network innovation. The rise in activity is also driving institutional interest, with entities like Grayscale and Gossamer Capital discussing the potential of Bitcoin L2 opportunities for institutions. Notably, Stacks remains closely connected with Bitcoin, with key contributors and major Bitcoin mining pools participating in its ecosystem.
The Stacks ecosystem always aimed to stay closely connected with Bitcoin. A few examples: • Stacks builders are also key Bitcoin L1 contributors (e.g @XverseApp & @HermeticaFi) • Major Bitcoin mining pool @luxor serves as a Stacks Signer • Bitcoin Frontier Fund, originally…
Tune in with Gossamer's GP @jsadlowe to discuss institutional opportunities with Bitcoin L2s. https://t.co/tX46GeNSWJ
Our researcher, @GrayscaleZhao, joins the @Stacks team to discuss how institutional adoption of L2 Stacks is helping drive #Bitcoin forward. Tune in at 10AM ET 👇 https://t.co/LL8FUmLvlZ