$SOLV is the native token of Solv Protocol, a DeFi platform focused on unlocking the earning potential of Bitcoin through liquid staking.
By converting staked Bitcoin into a liquid version called SolvBTC, users can earn rewards while still using their assets across various blockchain ecosystems.
Solv Protocol simplifies the staking process through a smart infrastructure that makes Bitcoin more accessible to the world of DeFi.
The token is used for governance, staking incentives, and protocol fees, helping to power the entire ecosystem.
With strong backing and growing interest in Bitcoin-based DeFi, gaining traction as a promising utility token in the market.