Rootstock Boosts Hashrate Share to 81% of Bitcoin Blockchain’s Total: Messari

Decentralized Finance (Defi) on the Bitcoin -Blockchain should be in its infancy in comparison with Ethereum, however Bitcoin Defi (BTCFI) can be safer and cheaper, mentioned Crypto Analytics -Messari in a brand new report.

A central participant is Rootstock, one of many oldest Bitcoin Layer-2 tasks, mentioned crypto-analysis firm Messari in his report “State of Rootstock”, revealed on Thursday.

Rootstock is now protected by 81% of Bitcoin’s whole hashrate, which signifies that miners who take note of the quantity that additionally approves transactions on the layer 2. The determine was solely 56% earlier than the onboard of foundry and Spiderpool, the most important and sixth largest mining swimming pools, in February.

Messari additionally famous that transaction prices on Wortelstock are 95% cheaper than the common Bitcoin transaction and 55% cheaper than that on Ethereum.

Rootstock is without doubt one of the many tasks that wish to supply a better use of Bitcoin by increasing the availability for Defi with sensible contracts, engaged by “BitVMX”, a modified model of the BITVM programming language. Different outstanding Bitcoin Layer-2 tasks embody piles and Bob (“Construct on Bitcoin”).

The challenge has additionally linked to bridging protocollaagso to allow Rootstock-Native functions to hook up with dozens of different block chains, together with Ethereum and Solana. The momentum is the scene for the rising adoption of BTCFI throughout the remainder of 2025, in response to Messari.

“As BTCFI continues to develop, Rootstock is effectively positioned for broader acceptance by core upgrades reminiscent of a 60percentreduction of transaction prices, along with persevering with investments in building schooling and incentive applications,” mentioned Messari analyst Andrew Yang.

Learn extra: Bitcoin’s position in Defi is ‘unused alternatives’, says Binance Analysis