Markets

BTC$80,010−0.18%ETH$2,319−0.16%SOL$100.09−1.67%XRP$1.31+0.97%BNB$741.92−0.17%DOGE$0.0776+0.05%ADA$0.2039−0.88%TRX$0.3282−0.91%LINK$11.34−1.50%AVAX$8.79−2.05%SUI$0.9143−0.36%HYPE$78.90+1.32%

USD · 24h

Topic

Botanix Labs

1 story

Analyst at desk with a Botanix shutdown notice on monitor, July 9 withdrawal deadline, subtle Bitcoin icon in the background.

DeFi

Botanix Labs Winds Down Bitcoin Layer 2 After Weak Usage

Botanix Labs is winding down its Bitcoin Layer 2 network after transaction activity failed to produce enough revenue to cover infrastructure costs.

Derek VaughnJun 10, 2026

Sections

Topics

Botanix Labs

Botanix Labs Winds Down Bitcoin Layer 2 After Weak Usage