Bitcoin Layer-2 Rootstock saw a major hashrate surge in Q1 2025, hitting 740+ EH/s — surpassing the entire Bitcoin network’s October 2024 level — even as DeFi TVL dropped 20% to $179.9M.
Merged mining hit an all-time high of 81%, thanks to Foundry and SpiderPool joining in. This boosted network security and cut fees by 60%, improving UX and competitiveness.
Despite the DeFi downturn and falling stablecoin dominance, Rootstock rolled out its Lovell 7.0.0 upgrade and expanded integrations, keeping its dev momentum strong.