Stacks Labs' SIP-034 upgrade is live on mainnet, significantly boosting network capacity for its Bitcoin Layer 2 solution. This enhancement optimizes transaction resource limits, reportedly increasing effective capacity by up to 30x for some DeFi applications. The change shifts from a system where any limit breach reset all others, to one that only resets the depleted limit, aiming to improve block throughput. While not directly altering STX token economics, Stacks Labs expects increased transactions and fees due to growing network activity. #crypto #blockchain #news #BTC #Bitcoin