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Botanix Will Shut Down Bitcoin Layer-2 Network in July, Citing Lack of DeFi Demand

Primary ETHBTCETHlayer2negativeImportance 0.3
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Event summary

decrypt published this layer2 event on 10 Jun 2026, 18:11 UTC. The archive associates it with BTC, ETH; the tables below report observed post-publication returns without asserting causality.

Historical market reactions

Price reactions

Reaction V2

Historical percentage returns from the recorded publication timestamp. Missing values remain intentionally blank; these observations do not establish causality.

Related asset reactions

BTC

Reference 10 Jun 2026, 18:12 UTC · latency 0m

1m
-0.00%
5m
-0.01%
15m
-0.15%
1h
-0.31%
4h
-1.21%
24h
+2.34%

Source: Binance Vision official monthly 1m archive

ETH

Reference 10 Jun 2026, 18:12 UTC · latency 0m

1m
-0.02%
5m
-0.02%
15m
-0.18%
1h
-0.21%
4h
-1.35%
24h
+3.18%

Source: Binance Vision official monthly 1m archive

Broader market context

SOL

Reference 10 Jun 2026, 18:12 UTC · latency 0m

1m
+0.05%
5m
+0.02%
15m
-0.22%
1h
-0.39%
4h
-2.24%
24h
+4.88%

Source: Binance Vision official monthly 1m archive

Methodology

Reaction V2 uses the current documented publication-time methodology. Alternative research alignments are not displayed as production data.

Primary asset
ETH
Sentiment score
-0.30
Value unit
Percentage return
Reaction version
Reaction V2
Publication date
10 Jun 2026, 18:11 UTC
Source
decrypt
Related assets
BTC, ETH
Data availability
Missing horizons remain blank