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Bitcoin Layer 2 Botanix Announces Shutdown Due to Weak Revenue

Published on June 10, 2026

Categories: Layer 2 Bitcoin Ecosystem Project Closure

Botanix, a Bitcoin Layer 2 network, is winding down operations after four years, citing weak fee revenue. Users are urged to withdraw their assets by July 9.

Bitcoin Layer 2 Botanix to Cease Operations

The Bitcoin Layer 2 network, Botanix, has announced its decision to wind down operations after four years. The platform attributed its closure to weak fee revenue, highlighting the financial challenges faced by some projects within the Bitcoin ecosystem. Users have been instructed to withdraw all their assets from the network by the deadline of July 9.

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