Bitcoin L2 tokens surge double digits as BTC notches 25-month high — TradingView News

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Bitcoin scaling tokens and BRC-20 coins surged on Monday, outperforming the wider crypto markets and even Bitcoin BTCUSD itself despite tapping its own 25-month high.

Bitcoin layer-2 network tokens, such as Stacks STXUSD and RSK Infrastructure Framework (RIF), made double-digit gains amid a wider crypto rally.

Stacks, a Bitcoin-focused smart contract platform, skyrocketed 30% from an intraday low of $2.44 to top out at $3.21 in early trading on Feb. 27, doubling its price over the past 30 days, according to CoinGecko.

The big move has pushed the STX token to within 9% of its December 2021 all-time high of $3.39.

Stacks has seen some of the largest increases in social activity over the last year, according to social intelligence company LunarCrush.

Social interactions are up nearly 16,000%, with activity and social metrics rising sharply, driven by excitement about Bitcoin layer 2s, it noted.

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