Starknet, a layer 2 solution for Ethereum, is making strides towards unifying the two largest blockchains, Bitcoin and Ethereum, on a single layer. The Starknet Foundation recently announced its Bitcoin roadmap, with the goal of making Starknet the execution layer for Bitcoin. This would allow for scalability, faster transaction speeds, and lower gas fees, ultimately creating a better user experience.

The foundation believes that there is a demand for utilizing Bitcoin beyond just being a store of value. With the integration of Starknet, developers would be able to build applications on the Bitcoin network through smart contracts. This would enable various use cases such as staking, borrowing, lending, leveraged trading, and yield farming.

In addition to its plans for Bitcoin, Starknet has also joined the growing trend of companies holding a portion of their treasury in crypto. This move towards a Bitcoin reserve further solidifies the belief in the potential of the cryptocurrency.

Starknet will also be teaming up with Xverse, a Bitcoin Web3 wallet, to achieve what they call the “DeFi take-off moment” for Bitcoin. This integration, set for the second quarter of 2025, will allow for trustless DeFi on Bitcoin and make it easier for users to access its growing utility.

During a recent discussion, Ethereum co-founder Vitalik Buterin expressed his support for a proper Bitcoin layer 2 solution, stating that it would make crypto payments great again and open up new possibilities for decentralized exchange.

The potential for a unified layer for Bitcoin and Ethereum has been met with excitement and optimism from the crypto community. With the growing demand for DeFi and the limitations of the current blockchain infrastructure, the integration of Starknet could be a game-changer for the industry.

However, there are also concerns about the potential cost and impact on the Ethereum network. As the community eagerly awaits the launch of Starknet, it remains to be seen how this integration will affect the overall landscape of the crypto world.