{"id":1094,"date":"2024-04-22T10:22:43","date_gmt":"2024-04-22T10:22:43","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/22\/bitcoin-l2-tokens-surpass-btc-after-halving\/"},"modified":"2024-04-22T10:22:43","modified_gmt":"2024-04-22T10:22:43","slug":"bitcoin-l2-tokens-surpass-btc-after-halving","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/22\/bitcoin-l2-tokens-surpass-btc-after-halving\/","title":{"rendered":"Bitcoin L2 tokens surpass BTC after halving."},"content":{"rendered":"<p>The short-term price action following BTC\u2019s halving is not unusual compared to previous cycles. Historical data shows volatility and price swings leading to the quadrennial events, followed by a parabolic Bitcoin run in the mid to long term.<\/p>\n<p>However, previous increases have hardly ever been in a straight line. Three tokens stood out from five BTC L2 solutions categorized by CoinGecko, which holds over $4 billion in value.<\/p>\n<p>The protocol uses native BTC as gas fees and allows builders to issue assets, dapps, and solutions linked with Bitcoin\u2019s ecosystem. SAVM surged 12% over the past day and returned more than 17.9% to holders in the last week.<\/p>\n<p>The protocol aims to bolster BTC efficiency and scalability by providing its L2 dubbed BeL2, a layer 2 offering built using SmartWeb technology to power smart contracts on Bitcoin. According to the team, Stacks supports dapp developments and on-chain settlement on Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The short-term price action following BTC\u2019s halving is not unusual compared to previous cycles. Historical data shows volatility and price swings leading to the quadrennial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[351],"tags":[],"class_list":["post-1094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-technology-and-price-action"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1094"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1093"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}