#Babylon ($BABY ) is revolutionizing the Bitcoin ecosystem by transforming it into a productive asset. With the integration of EVM and CosmWasm, the project enables the development of DeFi applications on the security of Bitcoin, facilitating the migration of dApps from Ethereum.
Its innovative multi-staking system will allow BTC holders to secure multiple chains, generating compounded rewards without moving their funds. Although short-term price predictions are varied, the success of technical milestones such as the mainnet launch in Q4/2025 will be crucial to validate its model and cement the future of decentralized finance with Bitcoin.
The BABY/USDT chart shows a confirmed bullish breakout supported by massive volume. The price has surpassed resistances, reaching a new intraday high. The quotation remains above key moving averages, indicating strong control by buyers.
However, overbought conditions are imminent. In the short term, the price could correct to retest support levels before any bullish continuation.