In the field of Bitcoin, Grayscale Investments, MicroStrategy, and Coinbase are all well-known giants. Whoever holds a large amount of Bitcoin spot has a significant influence in this industry.
As an emerging force, Solv Protocol currently manages approximately 26,000 Bitcoins, worth over $2.48 billion, with a total value locked (TVL) exceeding $2.5 billion. Its uniqueness lies in not relying on its own funds to purchase Bitcoin, but rather attracting users to deposit Bitcoin for staking, operating with a light asset model. Solv does not buy Bitcoin; it serves merely as a mover of Bitcoin and real-world assets.
The model of Solv Protocol has far-reaching implications in the industry from multiple perspectives. From the standpoint of market liquidity, it greatly enhances the liquidity of Bitcoin in the DeFi space. Through RWA (Real World Assets) technology, Solv Protocol connects Bitcoin with real-world assets (such as U.S. Treasury bonds, private credit, etc.), allowing the relatively isolated Bitcoin assets to integrate into a broader financial ecosystem, thus revitalizing Bitcoin's liquidity. For example, SolvBTC.AVAX is built on the Avalanche network, where users can obtain investment opportunities in tokenized traditional assets after depositing Bitcoin, with returns sourced from the collaborative operation of multiple decentralized protocols.
In terms of innovation in revenue models, Solv Protocol has opened up new revenue channels for Bitcoin holders. With the help of RWA technology, Bitcoin holders can not only gain potential appreciation from Bitcoin itself but also share in the profits generated from real-world assets, breaking through the limitations of relying solely on price increases for profit. At the same time, RWA technology tokenizes traditional financial assets, lowering the investment threshold, allowing more Bitcoin holders to participate in high-quality asset investments that were previously inaccessible due to high barriers.
From the perspective of reshaping the industry landscape, the emergence of Solv Protocol has brought new competitive forces to the Bitcoin ecosystem. Traditional giants often influence the market through the scale of Bitcoin they hold, while Solv Protocol attracts users and funds with its innovative RWA model. As it continues to grow, it is expected to break the existing market structure, prompting other platforms and projects in the industry to innovate and adapt to the new competitive environment. Moreover, Solv Protocol has received over $25 million in investments from well-known institutions such as Binance Labs and Blockchain Capital. This strong capital support gives it advantages in RWA technology development and market expansion, helping to further enhance its influence in the industry. It may one day stand shoulder to shoulder with traditional giants, becoming a new leader in the Bitcoin space and guiding the industry towards a more efficient and innovative direction. @Solv Protocol