Bitcoin Nfts, Layer-2 and the noise “is completely gold”
A CEO of Bitcoin -2 explained how the Bitcoin novels, which were completely “separate”, have now disappeared during the development of the ecosystem.
In an interview with Cointelegraph, the co -founder of Bitlayer Charlie has three novels from Bitcoin that are believed to be separate. This included the novels that surrounded the decrees, the layer -2, and the re -selection.
According to it, it was one of the excessive novels in Bitcoin not explosive symbols (NFTS). Cointelegraph said that although the inscriptions may be “to the moon”, he said that the era is “completely gone.”
Encryption He appears It is in the first quarter of 2024, the volume of Bitcoin Nfts was $ 1.4 billion. In 2025 Q1, the volume of the folder is only 280 million dollars, which indicates a decrease of 80 %. The CEO believes that 1000 times of NFTS Bitcoin may end and that people cannot expect similar “crazy” prices to perform anymore.
Will the bitcoin lay the steam?
Regardless of Bitcoin Nfts, Hu Cointelegraph told the noise around the Bitcoin-2 and Bitcoin layer has also decreased among the owners of investment capital.
Hu CointeleGRAPH told that at least 80 layer -2 layer networks aim to obtain funding at the beginning of 2024 when the 2 layer listed was strong. The CEO said that many projects have put their ideas for investors, the media and various societies. He said that although there is some noise, this definitely ended. ”
Many other executives of encryption and businessmen resonate with HU’s view of the noise that dies around Layer-2 ecosystems. On February 20, Munib Ali, co -founder of Stacks, said that the “honeymoon stage” of the Bitcoin layer has ended. The CEO said that most of the projects will be carried out Stop The initial excitement also fades.
Meanwhile, Hu also told Cointelegraph that the third narration was “excessive” Bitcoin. He said that at the present time, there are still only two or three projects that are still alive after the height of the noise phase in the narration in 2024.
While some excessive novels began to fade, it is believed that there are many things that they look forward to in the growing bitcoin ecosystem. The CEO said that although the -2 layer of the large narration, it sees it as a more engine of the Bitcoin Financing System (Defi), which can allow holders to explore the chances of return. Tell it is Cointelegraph:
“The Bitcoin-2S layer provides architecture as a kind of programmable infrastructure and confidence that can provide a return for bitcoin or institutions. This is a very important narration. I think we will expand more and more with cases of use with adoption.”
Related to: Bitcoin fluctuation reaches 3.6 % amid uncertainty in the market
Bitcoin Defi has not yet taken off
Meanwhile, Dominic Hars, co-founder of Hybrid Layer-2 on Bitcoin (BOB), told CointeleGraph that Bitcoin Layer-2S should be seen as a long-term play.
“Looking at the Bitcoin 2 layer through a short -term lens that lacks this point. The noise cycles come and go, but the permanent developments in encryption, such as Bitcoin itself, are long -term plays by nature,” Haraz said.
The executive also believes that Bitcoin Defi has not yet reached its full potential. “We haven’t said Derevi yet. We are very early. Only 0.3 % of the maximum bitcoin market is active in Defi now compared to 30 % for Ethereum,” Haraz told CointeleGRAPH.
Harries noted that this was a 100x contrast, saying that he would quickly decrease with the Bitcoin Devi explosion. The CEO also said that the 2S layer is the technological developments necessary for Bitcoin Devi to strike the market.
Max Sanchez, chief technology in Layer-2 Protocol Labs, also believes that Bitcoin Layer-2S does not lose steam.
He told Cointelegraph that the area enters the maturity stage, as it concerns the basics. Sanchez said that many early projects in Bitcoin Layer-2 brought technology from Ethereum without adapting them to the unique Bitcoin brown “in a truly Bitcoin” way.
Sanchez, who works on a hybrid project that communicates with ETHEREUM, said that building a layer 2 in only one silo and giving up inter -operation with ETHEREUM protocols is “a wrong idea”.
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