In the fourth quarter of 2024, Rootstock, a Bitcoin-compatible blockchain, experienced significant growth in its Total Value Locked (TVL) and revenue. The TVL reached a new all-time high of $254.9 million, indicating increased confidence from users and investors. This growth was primarily driven by the adoption of applications within the Rootstock ecosystem, with MoneyOnChain being the most relevant application in terms of TVL. The partnership with Alchemy, a blockchain development platform, aimed to improve scalability and accessibility for developers. Rootstock also introduced the Collective Rewards program to incentivize community participation and support the development of new applications. Additionally, Rootstock's revenue increased by 220.8% year-over-year, reflecting the platform's growing adoption and economic activity. Overall, these developments solidify Rootstock's position as a key player in the Bitcoin-compatible blockchain landscape and as a prominent solution for decentralized finance on Bitcoin.



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