Stacks Joint Creation: It is expected that two-thirds of Bitcoin Layer 2 projects will be shut down within 3 years, and Bitcoin prices may never fall below $50000 again

BlockBeats News: On February 20th, Muneeb Ali, co-founder of Stacks, stated in an interview at Consensus 2025 that as the initial excitement gradually fades, over two-thirds of existing Bitcoin Layer 2 projects will no longer exist within three years. The honeymoon period of Bitcoin L2 has ended, and most projects have begun to realize that the market is very difficult. In addition, Muneeb Ali expects that as other blockchains decline (such as Ethereum and Solana), funds will become more concentrated in Bitcoin. Bitcoin will have external capital inflows (ETFs), which may be the only asset with net new buyers. It is expected that the price of Bitcoin will never fall below $50000.