🚀 Solv Protocol plans to raise 100 million USD for on-chain BTC reserves, with a market value of only 6 million? Clearly underestimated!
Recently, @SolvProtocol announced its intention to establish on-chain Bitcoin reserves of 100 million USD, and the scale will continue to expand. But here comes the question: Solv's current market value is only 6 million, and a DeFi protocol can allocate Bitcoin reserves that exceed its own market value, which is quite extravagant.
More importantly, the Solv token may be directly linked to the BTC reserves and protocol revenue, providing stronger future value support. If the market catches on, this revaluation trend may have just begun🔥
There's also a detail: the SOLV token has been rallying in recent days, suggesting that some funds might be positioning themselves early. Today’s official announcement, could it be a signal for takeoff?
#Solv #BTC #DeFi