Global cryptocurrency research firm Forpeus predicts continued expansion of the Bitcoin ecosystem, driven by integration with other blockchains and the rise of BTCFi (Bitcoin Finance). Their recent report, "Is Spring Coming to the Bitcoin Ecosystem?", emphasizes the significant advancements fueled by Stacks' Nakamoto upgrade, the potential of BitVM, and the development of a BTC liquid staking ecosystem, particularly around Babylon. These developments are fostering innovation and attracting capital to the Bitcoin network beyond simple holding. However, Forpeus also points out existing structural challenges. These include limitations in data availability, reliance on centralized withdrawal mechanisms in some solutions, and a lack of standardized methods for calculating Total Value Locked (TVL) within the BTCFi space. Addressing these challenges will be critical for sustainable and robust growth of the Bitcoin ecosystem. The future hinges on overcoming these hurdles and fostering true decentralization and transparency. ```