Executive Director of Stacks Asia Foundation: Next year, the coupling between BTC ecosystem native protocols will be strengthened
On October 30th, at the 2024 Hong Kong SmartCon conference hosted by Chainlink, Kyle Ellicott, the Managing Director of Stacks Asia Foundation, stated in the roundtable "BTCFi: Mining Trillion-Dollar Opportunities" that the Bitcoin ecosystem has entered a period of accelerated development in the past 10 to 12 months. Its public awareness and discussion have surpassed that of the past few years, and even the past 10 years. With the joint construction of industry participants, the BTC ecosystem TVL has now reached about 2.5 billion US dollars.
Now, the BTC ecosystem has been connected to the EVM chain ecosystem. By 2025, internal cooperation among BTC native protocols will be strengthened instead of competing with each other. This is what end users want to see-smooth asset conversion from point A to point B.
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.
You may also like
3 ‘No Brainer’ Altcoins to Buy in November 2024 as Bitcoin and Ethereum Rise
CMC Expert List On Fastest Growing Crypto Currencies In 2024: Bonk, Cardano And Yeti Ouro
Bull Run In Full Effect? Smart Investors Turn to These 3 Top Coins for Huge Price Rallies
Tether issues 1 billion USDT on Ethereum network