Bitcoin Layer2 tokens outperform BTC after halving

Bitcoin Layer 2 tokens have surged between 5% and 20% after the halving, outperforming BTC’s performance. According to CoinGecko data, Bitcoin Layer 2 solutions have a market cap of $4.3 billion and have grown by 5.6% in the past 24 hours. Meanwhile, the trading volume was $184 million. Stacks (STX), a Bitcoin Layer 2 solution, has been one of the best performing cryptocurrencies in the past 24 hours. Since the halving event, the STX token has surged by nearly 20% to $2.87. Bitcoin, on the other hand, has not experienced significant growth. Since the halving event, the token has risen by more than 4.5% to $66,046, up 1.7% in the past 24 hours and down 0.8% in the past seven days.