#BinanceSquareFamily Guys please follow my gage for more information about crypto tokens.
#Solv Protocol (SOLV) is a decentralized platform focused on making Bitcoin more useful in DeFi (decentralized finance). Launched in 2020, SOLV lets Bitcoin holders stake, lend, and earn yields while keeping their assets liquid. Here’s all about SOLV in simple words:
What is SOLV Used For?
Staking & Yield: Stake Bitcoin to earn passive income without selling it.
Governance: SOLV holders can vote on platform updates and decisions.
Fee Discounts: Use SOLV to get lower fees on the platform.
DeFi Access: Unlock Bitcoin for use in lending, trading, and other DeFi activities.
Key Features:
SolvBTC: A token pegged 1:1 to Bitcoin, letting you use BTC across 15+ blockchains like Ethereum, Solana, and BNB Chain.
Liquid Staking: Earn yields on Bitcoin while keeping it liquid for trading or DeFi.
Bitcoin Reserve: The largest on-chain Bitcoin reserve, with over 25,000 BTC locked ($2.6B TVL as of early 2025).
Cross-Chain: Bridges Bitcoin to DeFi, CeFi, and even traditional finance like ETFs.
Token Details:
Max Supply: 9.66 billion SOLV (can increase via governance).
Circulating Supply: ~1.48 billion (as of 2025).
Market Cap: ~$63-70 million, ranking ~#600 globally.
Price: ~$0.043-$0.045 (check Binance for live prices).
