🔥Starknet Expands Across Bitcoin & Ethereum: A New Step for DeFi

Starknet is becoming the first Layer 2 to operate on both Bitcoin and Ethereum, connecting the two largest blockchain ecosystems. This opens up new opportunities for DeFi and increases liquidity.

In the Bitcoin roadmap on March 11, Starknet aims to become the execution layer of Bitcoin, boosting the speed from 13 TPS to thousands, relieving block congestion and gas fees, and improving user experience. If successful, this will help build smart contracts on Bitcoin, supporting staking, borrowing, lending, leveraged trading, and yield farming.

In addition, StarkWare announced their involvement in the wave of companies accumulating Bitcoin reserves, demonstrating confidence in the long-term growth of crypto.

Starknet's integration of both Bitcoin and Ethereum marks a significant step forward in expanding the capabilities of the two largest blockchains. If successful, cross-chain DeFi will explode, making Bitcoin more useful than ever.