
Bitcoin's market capitalization remains at $1.2 trillion, with recent developments signaling a significant expansion in its staking ecosystem. The newly launched Babylon protocol has attracted $1.5 billion in Bitcoin for staking within just ten blocks, highlighting a robust demand for decentralized finance (DeFi) solutions on the Bitcoin network. Additionally, the collaboration between BNB Chain and Solv Protocol aims to enhance liquidity and security for Bitcoin holders through the introduction of a Staking Abstraction Layer, which has already raised $25 million to support mass adoption of Bitcoin staking. Meanwhile, Core's Fusion upgrade is set to redefine Bitcoin staking by introducing new yield-generating features for both individual and institutional investors.
Bitcoin 🤝 Restaking 🤝 incredible MIT founders Couldn’t be more excited about what the @satlayer team is building! https://t.co/HLyA57u85G
Announcing $25M in total fundraising to pave the way for mass adoption of Bitcoin staking, powered by our recently launched Staking Abstraction Layer (SAL). 🧵👇 https://t.co/OOooj6g7Cr
Bitcoin ecosystem is expanding and CORE team is building hard 🤝 Core’s Fusion upgrade is about to redefine Bitcoin Staking. By introducing new yield-generating features, it opens the door for both individual Bitcoin holders and institutions to maximize their returns!…