Muneeb Ali, co-founder and CEO of Stacks, has a bold prediction: most Bitcoin Layer 2 (L2) projects won’t survive the next three years. In a recent Cointelegraph interview, he explained why the hype is fading and only a few platforms—like Stacks and Babylon—will emerge stronger.
Ali believes the initial excitement around Bitcoin L2s is wearing off, and many projects are struggling to stay relevant. His key points:
Stacks is one of Bitcoin’s oldest and most established Layer 2 solutions. With its recent Nakamoto upgrade, the platform is now:
✅ Fully secured by 100% of Bitcoin’s hash rate for unmatched security
✅ Faster and more user-friendly, improving transaction speeds
✅ A leading Bitcoin L2, while competitors struggle to keep up
Ali argues that Stacks is now positioned as the go-to Bitcoin L2, benefiting directly from Bitcoin’s growing dominance.
Ali believes the market is shifting away from Ethereum and Solana and back toward Bitcoin as the primary crypto investment. Reasons why:
💰 Bitcoin ETFs are bringing in traditional investors
📈 Bitcoin continues to attract new buyers, unlike altcoins
🚀 Bitcoin’s dominance is increasing, while other Layer 1 chains struggle
Ali sees Bitcoin as the safest bet in crypto, with permanent demand and increasing institutional adoption.
Ali also pointed out how meme coins are pulling capital away from serious blockchain projects. However, he notes:
Ali is confident Bitcoin’s price will never drop below $50,000 again. His reasoning?
📊 Bitcoin’s historical resilience
⛏️ The Bitcoin halving cycle drives long-term growth
🏦 Institutional investors (hedge funds, ETFs) are adding buying pressure
As Bitcoin’s influence grows, Stacks is in prime position to benefit from its expanding ecosystem.
💡 Bottom line: The Bitcoin ecosystem is consolidating, and Stacks is emerging as the strongest L2 in the space.
Have questions or want to collaborate? Reach us at: info@ath.live