{"id":156456,"date":"2025-05-09T16:00:00","date_gmt":"2025-05-09T13:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=156456"},"modified":"2025-05-08T22:47:14","modified_gmt":"2025-05-08T19:47:14","slug":"rootstock-hits-milestones-in-mining-but-defi-faces-a-downturn","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/rootstock-hits-milestones-in-mining-but-defi-faces-a-downturn\/","title":{"rendered":"Rootstock Hits Milestones in Mining, But DeFi Faces a Downturn"},"content":{"rendered":"
The platform experienced a dramatic rise in merged mining participation, reaching 81%, up from 56% in late 2024. This boost came after major mining pools like Foundry and SpiderPool joined the network, pushing Rootstock\u2019s hash power past 740 exahashes per second, exceeding the Bitcoin network\u2019s total hashrate from October 2024.<\/p>\n
The surge in mining activity was complemented by a 60% drop in transaction fees, improving Rootstock\u2019s competitiveness in the Bitcoin layer-2 ecosystem.<\/p>\n
However, Rootstock\u2019s DeFi performance saw a decline. The total value locked (TVL) in its DeFi sector dropped both in Bitcoin and US dollar terms, reflecting broader market cooling. TVL had briefly peaked at $244 million in January but fell to $179.9 million by March, a 20% decrease.<\/p>\n