A sidechain is a separate blockchain that is linked to a main blockchain, allowing for the transfer of assets between the two. This connection enables users to move their tokens or digital assets from the main chain to the sidechain and vice versa.Sidechains are designed to improve scalability and support different features or functionalities that the main blockchain may not offer. For instance, a sidechain can be built to facilitate faster transactions or to experiment with new governance models without disrupting the main chain.One major benefit of sidechains is that they can reduce congestion on the main blockchain by offloading some of the transactions. They also allow developers to innovate and implement new ideas in a less risky environment.In summary, sidechains enhance the versatility and efficiency of blockchain technology by providing an alternative platform for transactions and experiments while maintaining a connection to the main network.

Bitcoin Climbs Above $95K as Institutional Inflows Reach Multi-Year Highs
Bitcoin briefly surpassed $95,800 this week, its highest level in months, amid a surge in institutional investment and renewed activity