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Bitcoin layer-2s confront harsh reality as Botanix shuts down Spiderchain after just one year

Posted On June 17, 2026

The shutdown highlights challenges in sustaining Bitcoin layer-2 networks amid low demand, impacting investor confidence and future innovation.

The post Bitcoin layer-2s confront harsh reality as Botanix shuts down Spiderchain after just one year appeared first on Crypto Briefing.

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