Stacks CEO Muneeb Ali Aims to Grow User Base After Technical Upgrades

Muneeb Ali, co-founder and CEO of Stacks, a leading Bitcoin Layer 2 solution, has shifted his focus towards growing the platform's user base after completing major technical upgrades in 2024. The upgrades included the Nakamoto update, which significantly improved the project's speed and achieved 100% finality on Bitcoin for all transactions. According to Ali, the current bull market, driven by the election of Donald Trump and a more favorable environment for crypto development, presents an opportunity for Stacks to pivot towards market growth. In an interview with CoinDesk, Ali discussed his vision for Stacks, the need for a user-friendly Bitcoin Layer 2, and his goal of onboarding one billion people to the platform. Ali believes that Bitcoin requires a reliable Layer 2 solution to provide fast and cheap transactions, and that Stacks is well-positioned to achieve this. He also shared his thoughts on the potential impact of Donald Trump's presidency on the crypto industry and his prediction for Bitcoin's price by the end of 2025. Ali will be speaking at Consensus Hong Kong in February, where he will discuss his strategy for taking Bitcoin to a billion people.