Bitcoin (CRYPTO:BTC) developers are actively exploring decentralised finance (DeFi) to enhance programmability, potentially rivaling Ethereum's (CRYPTO:ETH) capabilities.
Recent advancements, such as Bitcoin Layer 2 networks and BRC-20 tokens, underscore Bitcoin's adaptability and growth potential in the DeFi space.
Toby Lewis, co-founder of the Ordinals project, predicts that the Bitcoin DeFi ecosystem could grow to trillions of dollars in market cap, driving future growth in the crypto industry.
With a total value locked (TVL) of $1.137 billion, Bitcoin's DeFi ecosystem is poised for significant expansion, positioning it as a major catalyst for crypto growth in the coming years.