As itcoin">Bitcoin tapped a 25-month price high above $56,000, related layer-2 infrastructure tokens surged even higher with double-digit returns. Stacks, which brings smart contracts to BTC, rose over 30% while RSK and MAP gained 25% and 16% respectively.
These itcoin">Bitcoin sidechains and scaling protocols enable key functionality like DApps and DeFi on top of itcoin">Bitcoin’s base blockchain. With itcoin">Bitcoin regaining momentum, interest rebounds in solutions expanding functionality for investors.
Total value locked across itcoin">Bitcoin layer-2 bridges also remains strong at over $300 million. The renewed hype reflects the growing utility being built around itcoin">Bitcoin to supplement native capabilities. Even if temporary, it underscores developer and user adoption growing in tandem with itcoin">Bitcoin’s resurgence.
