Tag Archives: ela

CoinspeakerBitcoin Layer 2 Coins Rally after BTC Halving Event 2024 Since the halving event, Stacks (STX) token surged by 20%, Elastos' ELA token has surged by 11%, while SatoshiVM's SAVM has seen a 5% increase in value. Bitcoin Layer 2 Coins Rally after BTC Halving Event 2024

Elastos aims to use BeL2 to allow users to stake their Bitcoin holdings directly on the service. Blockchain network Elastos may have devised a strategy to take advantage of the current high demand for Bitcoin (BTC) staking on its platform. This follows after it launched BeL2, a Bitcoin layer-2 network, in a supposed effort to retain the billions of dollars in BTC volumes that currently flow from the staking tools it offers. According to Elastos developers, BeL2 is an upgrade to the base...