Grayscale has identified the Stacks network as a promising solution to enhance Bitcoin's scalability and functionality. By adding a layer that supports smart contracts and decentralized applications (dApps), Stacks aims to address the growing demand on the Bitcoin network. This development comes as BRC-20s, Ordinals, Runes, and new dApps continue to emerge on Bitcoin's blockchain. Stacks is designed to improve transaction throughput and reduce costs while maintaining the security and decentralization of the Bitcoin network. Grayscale's endorsement underscores the potential of Stacks to manage increased network demand effectively.