Bitcoin Layer-2s

Bitcoin OG Dan Held believes that the integration of layer-2 blockchains on top of Bitcoin could drive BTC’s price to new highs. This, along with the upcoming halving, recent Bitcoin exchange-traded fund approvals, and a potential interest rate cut from the U.S. Federal Reserve, could spark the biggest bull run in history. Held, a former Bitcoin maximalist and now a vocal supporter of Bitcoin layer 2s, suggests that Bitcoin will soon dominate a large portion of the DeFi market, competing with platforms like Ethereum and Solana. Currently, about $2.2 billion is locked on the Bitcoin blockchain, and this emerging sector has a $500 billion potential according to Panter Capital.