According to CoinWorld news, Merlin Chain has announced the new Merlin 2.0, proposing the development direction of 'Reinvent Bitcoin: Hold, Earn, Invest', aiming to expand Bitcoin from a 'store of value' to a 'yield-generating, deployable core asset'. Merlin 2.0 focuses on three main areas: BTCFi expansion, chain abstraction technology, and AI applications (such as Merlin Wizard), further enhancing the liquidity and utility of BTC in the multi-chain ecosystem, while lowering the barriers to BTC usage, allowing users to participate in various investment opportunities across chains without needing to exchange for other assets, conveniently achieving BTC holding, yield generation, and liquidity participation. Previous reports indicate that since the mainnet launch in February 2024, Merlin Chain has driven the rise of BTCFi, giving birth to several representative projects including Solv, Bedrock, Avalon, and Babylon, with over 3.8 billion dollars worth of BTC staked on-chain. Currently, the Merlin-related ecosystem contributes about 2 billion dollars in BTCFi TVL, accounting for more than 20%.
