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The Untapped Potential of Bitcoin Layer 2s mintlayer 03 Jul 2024

The Untapped Potential of Bitcoin Layer 2s 📈

The untapped potential of Bitcoin Layer 2s is significant, with their Total Value Locked (TVL) currently at around 0.1% of Bitcoin's value. In comparison, Ethereum Layer 2s have a TVL that is 10% of Ethereum's value. Given that Bitcoin's market cap is approximately three times larger than Ethereum's, the growth potential for Bitcoin Layer 2 solutions is enormous. Imagine the impact when Bitcoin Layer 2s catch up!

Source: x.com ↗