🚀 "Solv (SOLV) Holds Near $0.043 as Bitcoin-Linked DeFi Builds Traction"
🔹 Quick Stats (August 2025)
Price: ~$0.0436 (↑ ~6%)
Market Cap: ~$63 M
Circulating Supply: ~1.48 B SOLV (≈15 % of 9.66 B max)
Volume: ~$10–$5 M (24h)
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🔧 What Is SOLV?
Solv Protocol is a DeFi platform that turns idle Bitcoin into yield-generating assets through services like:
SolvBTC: a 1:1 BTC-backed token bridging Bitcoin into DeFi.
LSTs (Liquid Staking Tokens): let users stake SolvBTC while retaining liquidity.
Staking Abstraction Layer (SAL): aggregates staking across chains for easy access.
Bitcoin Reserve Offering (BRO): issues convertible notes to grow their on-chain BTC reserve.
The SOLV token itself powers governance, staking, and fee discounts across the ecosystem.
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📈 Highlights
Strong recovery from April’s low (~$0.0218)—now up nearly 100%.
163 million SOLV listed via Binance’s January Megadrop and Binance Alpha staking incentive, driving early adoption.
High-profile backing from Binance Labs, Blockchain Capital, OKX Ventures.
Token swap and infrastructure updates completed on exchanges like BitMart amid fair launch adjustments.
> Disclaimer: For educational use only—not financial advice.
