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Bitcoin Layer2 Tokens Outperform BTC After Halving

Bitcoin Layer2 Tokens Outperform BTC After Halving

Bitget2024/04/22 18:21
BTC+0.60%STX+1.44%

Bitcoin Layer 2 tokens have surged between 5% and 20% after halving, outperforming BTC. According to CoinGecko data, the market capitalization of the Bitcoin Layer 2 solution is $4.3 billion, up 5.6 percent in the last 24 hours. Meanwhile, trading volume was $184 million.Stacks (STX), a Bitcoin Layer 2 past tier solution, has been one of the best-performing cryptocurrencies over the 24-hour period. Since the halving event, the STX token has surged nearly 20% to $2.87. In contrast, Bitcoin has experienced significant growth. Event to from the halving, the token is up more than 4.5% to $66,046, up 1.7% over the past 24 hours and down 0.8% over the past 7 days.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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