Binance-Backed Bitcoin Project Surpasses $800 Million Milestone: A Triumph for BTC!

Binance-Backed Bitcoin Project Surpasses $800 Million Milestone: A Triumph for BTC!

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  • The world’s largest cryptocurrency exchange, Binance, has made a significant investment in a protocol that has now exceeded $800 million.
  • The protocol, known as Solv Protocol, is a liquidity hub in the Bitcoin ecosystem, and its SolvBTC has surpassed a total locked value (TVL) of $800 million across various networks.
  • SolvBTC has already attracted over 12,000 BTC on networks such as Arbitrum, BNB Chain, and Merlin Chain. Solv also announced a partnership with Babylon Chain, indicating that it will connect to more Bitcoin revenue sources like Babylon’s restaking income.

Binance’s investment in Solv Protocol pays off as SolvBTC surpasses $800 million in total locked value, attracting significant attention in the Bitcoin ecosystem.

Binance’s Investment in Solv Protocol

Binance, the world’s largest cryptocurrency exchange, has made a significant investment in Solv Protocol, a liquidity hub in the Bitcoin ecosystem. This investment has paid off handsomely as SolvBTC, the protocol’s token, has surpassed a total locked value (TVL) of $800 million across various networks.

SolvBTC’s Performance and Future Prospects

SolvBTC has already attracted over 12,000 BTC on networks such as Arbitrum, BNB Chain, and Merlin Chain. This performance has drawn significant attention in the Bitcoin ecosystem. In addition, Solv announced a p... Read the full article for FREE at COINOTAG!

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