An All Time High in Total Value Locked for the Stacks Ecosystem

The Stacks community celebrates an all time high in total value locked in applications, as well as a top 25 entry in market cap on CoinMarketCap. It seems like the world is waking up to Bitcoin L2s. Or, as Stacks creator Muneeb Ali put it: “all roads lead to Bitcoin. All roads in Bitcoin lead to Bitcoin L2s.”

🍿 Stacks Snacks

• Stacks reaches new All Time High milestone with $120M TVL recorded by DeFi Llama.

• Bitflow reaches $30M in TVL within 30 days of launching on mainnet.

• Messari shares Q4 2023 State of Stacks report with daily active addresses up 85.6% QoQ.

• Grayscale publishes 2024 Bitcoin report listing Stacks as laying the groundwork for L2s.

• Zest Protocol shares alpha in final polishing phase before going to mainnet.

• Data Analysis tool Ortege announces integrating the Stacks chain.

😋 Other tasty content

• Stacks Creator Muneeb Ali talks about Bitcoin L2s in 2024.

• Hiro Systems shares deep dive on Clarity vs. Solidity.

• Binance academy publishes deep dive on Bitcoin L2s.

• Cointelegraph publishes thread on Bitcoin L2s.

• Trust Machines posts State of L2 Adoption Report for Bitcoin.