Botanix Shuts Down Bitcoin L2, Blames BTC Apathy
A year after mainnet, the chain wound down with $119,500 of TVL — a candid post-mortem that puts the viability of every Bitcoin layer-2 from Rootstock to Citrea back on the table.
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A year after mainnet, the chain wound down with $119,500 of TVL — a candid post-mortem that puts the viability of every Bitcoin layer-2 from Rootstock to Citrea back on the table.
A top-tier VCs Bitcoin L2 couldn't cover infra costs — its own framing of the shutdown is a candid read on where BTC DeFi liquidity actually sits in 2026.
Botanix, a Bitcoin Layer 2 network, is winding down operations and has issued an urgent call for users to withdraw…