Bitlayer: Bitcoin Layer 2 Solution
Bitlayer is a Bitcoin Layer 2 based on BitVM technology, aimed at enhancing Bitcoin's scalability and programmability, supporting complex smart contracts and DeFi applications. It ensures security through fraud proofs and decentralized validation, and is compatible with EVM.
Trend speculation for the next three months:
The price trend of Bitlayer ($BT) over the next three months is highly dependent on the overall sentiment of the cryptocurrency market, especially the performance of Bitcoin. If the market rebounds and Bitcoin rises, Bitlayer, as an emerging L2, may attract capital inflow, and its ecological development (such as the launch of key dApps and collaborations) will become important catalysts with the potential for significant gains. However, as a new project, it faces intense competition (such as Stacks), market volatility risks, and uncertainties regarding its own ecological progress. **Short-term bullish potential coexists with high risks, requiring close attention to the overall market and the specific progress of the project.** Price volatility is expected to be significant. @BitlayerLabs #Bitlayerr