Botanix Shuts Down Bitcoin L2 Spiderchain After Four Years
Botanix Labs is winding down its Spiderchain Bitcoin Layer 2, giving users until July 9 to withdraw all assets before the network goes dark. The Polychain-backed project cited insufficient demand for Bitcoin-native DeFi...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is showing up inside the Layer 2 theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The DefiantRelated market context
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