Summary
Layer-2 solutions like Stacks, Elastos, and SatoshiVM are outperforming Bitcoin after the latest halving, showing their potential impact on the cryptocurrency market. These solutions aim to enhance scalability and transaction speed on the blockchain. The surge in these tokens coincided with a spike in Bitcoin transaction fees, linked to the launch of Runes protocol. Investors are closely monitoring these Layer-2 networks for their potential to alter Bitcoin transactions and scalability.
Key Points
1. Following the latest halving on April 20, Layer-2 solutions like Stacks (STX), Elastos (ELA), and SatoshiVM (SAVM) are outperforming Bitcoin itself.
2. This surge reflects the increasing relevance and potential impact of Layer-2 solutions on the broader cryptocurrency market.
3. Stacks, Elastos, and SatoshiVM have seen significant price increases post-halving, with STX leading as one of the top-performing cryptocurrencies within the top 25.