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Stacks co-founder: More than two-thirds of Bitcoin L2 projects will cease to exist within three years

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Muneeb Ali, co-founder of Stacks, said that as the initial excitement gradually fades, more than two-thirds of existing Bitcoin Layer 2 projects will no longer exist within three years. When talking about the Bitcoin L2 ecosystem, Ali said that most projects have begun to realize that the "market is very tough."

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