All About the Bitcoin L2 Network

Bitcoin's scalability limitations and absence of smart contracts have led to the rise of Layer 2 solutions like Stacks

Stacks utilizes Bitcoin's security features while enabling smart contracts and DeFi protocols

Stacks recently achieved an all-time high Total Value Locked (TVL) of $70.41 million, largely attributed to ALEX

The upcoming Nakamoto upgrade will enhance throughput, speed up confirmations, and strengthen price dynamics for $STX

Stacks' price movement typically correlates with Bitcoin's and may directly follow it in the upcoming bullish market phase