【Crypto News】🎉Nakamoto upgrade (STX's unique Bitcoin L2 upgrade) is coming, and this upgrade may redefine the price of STX. We expect sBTC (a permissionless and trustless Bitcoin wrapper on STX) to play a key role in acquiring TVL on STX.

The advantages of STX are:

1. The upgraded STX main chain can complete each transaction in about 10 seconds, which becomes faster and will unlock DeFi applications;

2. STX halving eliminates $73 million of selling pressure per year;

3. sBTC's growing TVL (base case: $1b);

4. Stacks is the most adopted Bitcoin L2 smart contract compared to its peers;

5. Halving tailwind, Bitcoin halving = 1.5 years of strong BTC price action. STX's upside trend tends to outperform BTC.

The Nakamoto upgrade will make DeFi possible, and the STX halving will reduce STX emission/selling pressure by 76,000 STX per day, or more than $200,000 per day ($73 million per year). sBTC is the first trustless solution to bridge BTC from the Bitcoin main layer to another chain, with the potential to unlock Bitcoin's liquidity for DeFi.

We are bullish on STX and expect it to become a highly used Bitcoin L2. Conservatively estimated, STX will rise 5 times from its current price to $16 billion in FDV. More optimistically, STX's FDV could exceed $50 billion, 15 times the current level.

We believe that in the near future, the daily trading volume of DEXs based on Stacks will surpass the daily trading volume of DEXs based on the Solana chain and the Ethereum chain. From now until the end of 2025, it will be a stage for BTC Layer2 to shine. By releasing BTC's liquidity, more new and attractive models will be generated, which will lead to a new round of bull market. The era of BTC Layer2 has just begun.

What do you think about this? Welcome to leave a message in the comment area to discuss! 👇