alex web3 is best platform

#alex
Alex Labs, a Bitcoin oracle, builds a Defi platform based on the Bitcoin L2 Stacks platform. In recent months, its business has made significant progress. It launched the first Bitcoin oracle and supported the indexing and trading of BRC20token, which increased its TVL and transaction volume. Materials have grown significantly and account for more than 90% of TVL on Stacks.

1. Inscription has fully detonated the Bitcoin ecological narrative, but the popularity of Inscription has also brought issues such as insufficient Bitcoin ecological infrastructure and transaction congestion back into the public eye. After Inscription, the market has begun to explore the infrastructure and functional products of the Bitcoin ecosystem. Due to the limitations of the Bitcoin network itself, smart contract products can only be deployed in expansion plans.

2. Alex Lab is a DeFi infrastructure built on the second-layer Stacks of Bitcoin. The functions that have been launched and are being developed include Bitcoin Oracle, Bitcoin Bridge, AMM, order book, pledge, Launchpad and a series of functions, building a complete DeFi basic suite.

3. From a competitive perspective, Alex Lab is the absolute leader on Stacks. Compared with other expansion solutions, Stacks is currently the second-layer expansion solution with the healthiest ecology and data growth. It is comparable to Rootstock. Sovryn is the leading DeFi protocol on Rootstock, but the current business focus of the two is different.

4. The Nakamoto upgrade and the issuance of sBTC are expected to be launched in the first quarter of 2024. The Nakamoto upgrade will bring a comprehensive improvement to the performance of Stacks, sBTC will unlock new opportunities for Bitcoin DeFi, and Alex Lab will be the best to lay out this upgrade. Good bid.

5. Based on the valuation and TVL of ALEX, ALEX can be used as a leverage target to lay out the STX ecosystem. ALEX is currently not listed on large CEX and has a certain liquidity discount. Future listing may bring about an increase in currency prices.

1. Introduction: After Inscription, where is the next Alpha in the Bitcoin ecosystem?
The domino effect of Inscription’s explosion demonstrates the potential of the Bitcoin blockchain. If there was still a debate about the legitimacy of establishing the Bitcoin ecosystem a few months ago, now this issue seems to have been diluted by the extremely high market enthusiasm - people have higher expectations for the Bitcoin ecosystem. The attention of the Bitcoin ecosystem starts with inscriptions, but will not stop at Meme. After inscriptions, the market will begin to explore the infrastructure and functional products of the entire ecosystem.