Zanyar_98
@ZanyarMohammady
@zanyar_98
🎯 Bitcoin Ecosystem: Core vs. Sidechains/L2s in Q1 2025
Flipside AI
Bitcoin Layer 2 Ecosystem Analysis - Q1 2025
Transaction Volume Landscape
Core Blockchain emerges as the clear leader in the Bitcoin Layer 2 ecosystem, with an impressive 36,277,949 total transactions. B² Network follows closely behind with 27,650,259 transactions, demonstrating strong network activity.
Total Value Locked (TVL) Insights
The TVL metrics reveal a concentrated market structure:
- Core Network: $531.6M (Market Leader)
- B² Network: $302.8M (Strong Second Place)
- Bitlayer: $239.35M
- Rootstock: $180.9M (Lowest TVL, Potential Growth Opportunity)
User Adoption Trends
Unique Addresses Growth:
- Core Blockchain: 11,000,172 new addresses
- BounceBit: 623,713 addresses
- Emerging chains like Merlin and Rootstock show modest but steady growth
Key Observations
The Bitcoin Layer 2 landscape in Q1 2025 is characterized by:
- Concentrated market leadership
- Significant transaction volume variations
- Emerging ecosystem with rapid user onboarding
- High volatility in Total Value Locked
Standout Performers
- Core Blockchain: Dominates across transactions, TVL, and unique addresses
- B² Network: Consistent performer with strong metrics
- Bitlayer: Shows potential with significant transaction volumes and user activity
Bitcoin Layer 2 Ecosystem Analysis - Q1 2025
Transaction Volume Landscape
Core Blockchain emerges as the clear leader in the Bitcoin Layer 2 ecosystem, with an impressive 36,277,949 total transactions. B² Network follows closely behind with 27,650,259 transactions, demonstrating strong network activity.
Total Value Locked (TVL) Insights
The TVL metrics reveal a concentrated market structure:
- Core Network: $531.6M (Market Leader)
- B² Network: $302.8M (Strong Second Place)
- Bitlayer: $239.35M
- Rootstock: $180.9M (Lowest TVL, Potential Growth Opportunity)
User Adoption Trends
Unique Addresses Growth:
- Core Blockchain: 11,000,172 new addresses
- BounceBit: 623,713 addresses
- Emerging chains like Merlin and Rootstock show modest but steady growth
Key Observations
The Bitcoin Layer 2 landscape in Q1 2025 is characterized by:
- Concentrated market leadership
- Significant transaction volume variations
- Emerging ecosystem with rapid user onboarding
- High volatility in Total Value Locked
Standout Performers
- Core Blockchain: Dominates across transactions, TVL, and unique addresses
- B² Network: Consistent performer with strong metrics
- Bitlayer: Shows potential with significant transaction volumes and user activity
TVL Comparison
Transactions Comparison
Addresses Comparison
Chains Overview