Solv Protocol Teams Up with Babylon: Boosting SolvBTC Restaking Yields (SOLV)

• Chinese blockchain reporter Colin Wu highlights the impressive growth of SolvBTC, a Bitcoin-based cryptocurrency protocol.
• SolvBTC has attracted over 12,000 BTC across various chains, with a total value locked (TVL) exceeding $800 million.
• The protocol recently partnered with Babylon to bridge native BTC restaking yields on SolvBTC.

Colin Wu, a renowned Chinese blockchain reporter, sheds light on the impressive growth of SolvBTC, a Bitcoin-based cryptocurrency protocol with a TVL exceeding $800 million. The protocol’s recent partnership with Babylon aims to unlock the potential of Bitcoin’s idle liquidity.

SolvBTC’s Remarkable Growth

As highlighted by Colin Wu, SolvBTC has shown impressive growth as a Bitcoin ecosystem liquidity center. The protocol has managed to attract more than 12,000 BTC across various chains, including Arbitrum, BNB Chain, and Merlin Chain. With a total value locked (TVL) exceeding $800 million, SolvBTC has expressed its intention to connect to more BTC income sources in the near future.