The post Bitcoin Layer 2 Projects Face Decline as Experts Predict Bright Future for Bitcoin Amid Market Challenges appeared on BitcoinEthereumNews.com.

In a recent interview during the Consensus 2025 event, Stacks Co-founder Muneeb Ali expressed his views on the future of Bitcoin Layer 2 projects. He indicated that as the initial enthusiasm wanes, it is anticipated that over two-thirds of the current Bitcoin Layer 2 initiatives will likely disappear within a three-year timeframe. This shift indicates that the so-called honeymoon phase for Bitcoin’s Layer 2 ecosystem has concluded, with many projects grappling with the harsh realities of the market. Moreover, Ali posited that as other blockchain platforms, including Ethereum and Solana, encounter challenges, there will be a noticeable influx of funds directed toward Bitcoin. He noted that Bitcoin could experience external fund inflows, particularly from Exchange-Traded Funds (ETFs), potentially making it the only asset with a net increase in new buyers. Analysts are closely monitoring Bitcoin’s resilience, with projections suggesting that its price may not fall below the critical threshold of $50,000. Source: https://en.coinotag.com/breakingnews/bitcoin-layer-2-projects-face-decline-as-experts-predict-bright-future-for-bitcoin-amid-market-challenges/

---

Filed under: News - @ February 20, 2025 11:21 am