Solv Protocol

Elite

Bitcoin

Photon

<p>As the highly anticipated Bitcoin halving draws near, the crypto community is abuzz with speculation about its potential impact on the market.</p>
<p>Next week’s halving will cut mining rewards in half, potentially reducing inflation and driving Bitcoin’s price to new all-time highs. Expected to have far-reaching effects across the crypto landscape, the growing ecosystem of Bitcoin Layer 2 solutions deserves special attention.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="657" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-1024x657.png" alt="" class="wp-image-471256" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-1024x657.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-300x192.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-767x492.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-1536x985.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-2048x1313.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-234x150.png 234w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-100x64.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-546x350.png 546w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438-788x505.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-438.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="the-evolving-bitcoin-ecosystem">The Evolving Bitcoin Ecosystem</h2>
<p>Since the last halving, Bitcoin’s ecosystem has grown extensively, with the rise of Ordinals playing a vital role in fostering the growth of the BRC-20 ecosystem. The BRCfi narrative remains compelling, with numerous tokens <a href="https://twitter.com/wacy_time1/status/1777357308109947243" target="_blank" rel="noopener noreferrer nofollow">expected</a> to experience significant growth of 10-100x within the next two weeks.</p>
<p>However, the focus of this article is on the new Layer 2 solutions for Bitcoin, which build on the core Bitcoin blockchain to provide faster transactions, reduce fees, and offer enhanced functionality.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="902" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-1024x902.png" alt="" class="wp-image-471264" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-1024x902.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-300x264.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-767x676.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-1536x1353.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-2048x1804.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-170x150.png 170w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-100x88.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-397x350.png 397w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439-788x694.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-439.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="top-bitcoin-layer-2-projects">Top Bitcoin Layer 2 Projects</h2>
<h3 class="wp-block-heading" id="1-mvc-global-space">1. MVC Global ($SPACE)</h3>
<p>With a market cap of $54 million, MVC is a layer-one smart contract public blockchain built on top of Bitcoin technology. It achieves unparalleled transaction speed, exponential scalability, extremely low fees, and maintains decentralization.</p>
<h3 class="wp-block-heading" id="2-bitcoin-virtual-machine-bvm">2. Bitcoin Virtual Machine ($BVM)</h3>
<p>BVM, with a market cap of $130 million, is the first modular blockchain metaprotocol that allows users to customize and launch their modular Bitcoin L2 blockchain with top-of-the-line modules, including Rollup, Data Availability, Dapp modules like Uniswap and Compound, and an NFT Marketplace.</p>
<h3 class="wp-block-heading" id="3-elastos-ela">3. Elastos ($ELA)</h3>
<p>Elastos, with a market cap of $98 million, is a blockchain system that uses a hierarchical structure with a main chain for ELA circulation and sidechains for DApps. It facilitates secure value transfer through the Elastos main chain+sidechain transfer mechanism and allows mutual transfers with other blockchain systems through cross-chain technology.</p>
<h3 class="wp-block-heading" id="4-naka-chain-naka">4. Naka Chain ($NAKA)</h3>
<p>Naka, with a market cap of $47 million, is a low-cost, lightning-fast Bitcoin Layer 2 blockchain designed for DeFi apps. It accepts Bitcoin payments for gas fees and allows developers to migrate dapps from Ethereum to Bitcoin with minimal changes.</p>
<h3 class="wp-block-heading" id="5-mintlayer-ml">5. Mintlayer ($ML)</h3>
<p>Mintlayer, with a market cap of $30 million, is a Proof-of-Stake blockchain that acts as a sidechain to the Bitcoin network, providing direct BTC interoperability through Atomic Swaps. It simplifies DeFi activities by eliminating the need for wrapped Bitcoin or smart contract languages.</p>
<h3 class="wp-block-heading" id="6-map-protocol-map">6. Map Protocol ($MAP)</h3>
<p>The Map Protocol Network, with a market cap of $90 million, is an EVM-compatible blockchain that supports heterogeneous blockchains and constructs a gas-efficient light-client verification network. It provides essential omnichain infrastructure for interoperability among blockchain-based assets, storage, and computing.</p>
<h3 class="wp-block-heading" id="7-merlin-chain">7. Merlin Chain</h3>
<p>Merlin Chain is a Layer 2 Bitcoin platform that combines a ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud proof modules to improve Bitcoin’s native assets, protocols, and products on Layer 1. On Merlin Chain, Solv Protocol is worth looking at, as it is a decentralized yield platform that tokenizes and aggregates high-quality yields from various industries.</p>
<h3 class="wp-block-heading" id="8-stacks-stx">8. Stacks ($STX)</h3>
<p>Stacks, with a market cap of $5 billion, is the top Bitcoin L2 layer, enabling developers to use Bitcoin as a secure base layer for apps and smart contracts. It accelerates Bitcoin’s scalability and programmability with fast blocks, Bitcoin-finality, and seamless decentralized BTC deposits and withdrawals.</p>
<h3 class="wp-block-heading" id="9-build-on-bob-bob">9. Build on Bob (BOB)</h3>
<p>BOB is a platform that promotes DeFi and innovation in Bitcoin. It serves as a comprehensive toolkit for developers, facilitating seamless development and exploration. The project uses the Ethereum Virtual Machine (EVM) to create and execute smart contracts, ensuring compatibility with existing developer tools, wallets, key block explorers, and data analytics infrastructure.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h3 class="wp-block-heading" id="10-photon-pton">10. Photon ($PTON)</h3>
<p>Photon is a high-performance Bitcoin L2 that integrates optimistic execution, parallel processing capabilities, and data integrity. It builds on Bitcoin’s secure L1 and aims to enable scalable decentralized applications, offering efficiency and flexibility comparable to Ethereum’s ecosystem.</p>
<h3 class="wp-block-heading" id="11-bouncebit-bounce">11. BounceBit ($BOUNCE)</h3>
<p>BounceBit is the first native BTC Restaking chain, offering a unique dual-token staking system that leverages Bitcoin’s security while ensuring full Ethereum Virtual Machine compatibility. This innovative platform secures its network by staking both Bitcoin and BounceBit tokens, providing a strong foundation for restaking products within the DeFi ecosystem.</p>
<h2 class="wp-block-heading" id="the-impact-of-the-halving-on-miners">The Impact of the Halving on Miners</h2>
<p>The upcoming Bitcoin halving has intensified competition among miners by reducing rewards to 3.125 BTC. Despite soaring revenues, decreasing hash prices post-halving have impacted earnings, putting pressure on profitability.</p>
<p>The significant drop in transaction fees has further heightened the stakes, with the Bitcoin network’s hashrate on an upward trend, leading to more miners vying for the same rewards. In response to these challenges, some miners have ramped up BTC sales, with daily sales to OTC desks peaking at 1.6K Bitcoin in late March – the highest volume since August 2023.</p>
<p>As the Bitcoin halving approaches, the crypto community is gearing up for a potentially transformative event. While the halving is expected to have a significant impact on the market as a whole, the growing ecosystem of Bitcoin Layer 2 solutions presents a unique opportunity for investors.</p>
<p>With projects like MVC Global, Bitcoin Virtual Machine, Elastos, Naka Chain, Mintlayer, Map Protocol, Merlin Chain, Stacks, Build on Bob, Photon, and BounceBit poised for 20-100x growth in the coming months, the future of Bitcoin’s Layer 2 ecosystem looks brighter than ever.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/elite-analyst-shares-bitcoin-layer-2s-poised-for-20-100x-growth-as-btc-halving-approaches/" rel="noopener noreferrer nofollow">Elite Analyst Shares Bitcoin Layer 2s Poised for 20-100x Growth as BTC Halving Approaches</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Elite Analyst Shares Bitcoin Layer 2s Poised for 20-100x Growth as BTC Halving Approaches

Mục lục

CaptainAltcoin

Các bài viết khác được xuất bản trên 9 thg 4, 2024

AI may Increase Global Copper Demand by 1 Million Tons

Crypto Tycoon Mike Novogratz Alarmed by Potential Interest Rate Decisions

Landrocker's $2.5M Funding Unleashes a New Era of Hardcore P2E Gaming, Attracting Pro Players to ...

Looking For The Next 50X Coin? Here Are The Top 9 Altcoins Not Listed On Binance

Raffle Coin’s April Presale Ignites: Ethereum & Bitcoin Powerhouses Rally for Unprecedented 25X G...

Mango Markets Mayhem: Avraham Eisenberg Faces Trial Over $100 Million Exploit

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!