Solv Protocol

2024

Bitcoin

Coin

<ul class="news-points">
 <li><strong>Colin Wu has highlighted the impressive growth of SolvBTC.</strong></li>
 <li><strong>SolvBTC has attracted more than 12,000 BTC in Arbitrum, BNB Chain, and Merlin Chain.</strong></li>
 <li><strong>Solv Protocol partnered with Babylon to bridge native restaking yields on SolvBTC.</strong></li>
</ul>
<p>Foremost Chinese blockchain and crypto reporter Colin Wu has highlighted the impressive growth of SolvBTC, a Bitcoin-based cryptocurrency protocol. In a recent post on X, Wu described SolvBTC as a Bitcoin ecosystem liquidity center invested by Binance.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">SolvBTC of Solv Protocol, a Bitcoin ecosystem liquidity center invested by Binance, has attracted more than 12,000 BTC in Arbitrum, BNB Chain and Merlin Chain, with a total TVL of more than 800 million US dollars. Solv said that it will connect to more BTC income sources in the…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1787360541876600862?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 6, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Citing the protocol’s growth and development, Wu noted that SolvBTC has attracted more than 12,000 BTC in Arbitrum, BNB Chain, and Merlin Chain. According to the renowned journalist, with a total value locked (TVL) of more than $800 million, Solv has signified its intention to connect to more BTC income sources soon.</p>
<p>Wu spotted Babylon’s restaking income as…</p>
<p>The post <a href="https://coinedition.com/solv-protocol-partners-with-babylon-to-bridge-native-restaking-yields-on-solvbtc/" rel="noopener noreferrer nofollow">Solv Protocol Partners With Babylon to Bridge Native Restaking Yields on SolvBTC</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Solv Protocol Partners With Babylon to Bridge Native Restaking Yields on SolvBTC

Coin Edition

Other articles published on May 6, 2024

Bitcoin (BTC) Sets Sights on Unprecedented $92,000 Peak: A New Era in Crypto Market

Mark Sheng Ascends to Commercial Director at Taurex, Boosting Crypto Coin Potential (TRX)

Hong Kong’s Initial Performance with New Bitcoin ETFs

Bitcoin (BTC) Stirs Up Crypto Market: Dormant Wallet Transfers $44 Million – What’s the Future Im...

Elon Musk Potentially Exploring Ripple’s XRP (XRP) for Payments: Unraveling the Latest Crypto Rumors

Emirates NBD’s Digital Asset Lab Welcomes Chainalysis: A Significant Leap for Crypto Security (CH...

Join our free newsletter for daily crypto updates!