Bitcoin Layer 2 solution that many might not fully grasp yet. Simply put, Bitlayer acts like a “turbocharger” for Bitcoin—enhancing it beyond just a secure store of value by enabling smart contracts and DeFi applications on the BTC network. Similar to Ethereum’s scaling layers, Bitlayer leverages Bitcoin’s unmatched security and finality while using BitVM technology to let developers create sophisticated decentralized apps without changing Bitcoin’s core code.
This upgrade transforms Bitcoin from a simple “piggy bank” into a versatile application platform, which is truly exciting! On the funding front, Bitlayer has raised $25 million across six funding rounds, backed by leading VCs like Franklin Templeton, ABCDE, and Polychain Capital—highlighting strong market confidence.
BTR tokens were available on CoinList from July 31 to August 7, 2025, alongside pre-sales and booster events on Holdstation Launchpad and Binance Wallet. Binance also invested 30 million BTR tokens (3% of total supply) for DeFi incentives, raising $400,000 in BNB before the token generation event. The token launch price was $0.20, and community engagement has been solid.
Looking ahead, @BitlayerLabs plans to build DeFi tools like lending, decentralized exchanges, and liquidity mining on Bitcoin, plus NFT marketplaces, gaming, and cross-chain bridges. The project may even expand into AI and tokenization of real-world assets like real estate or art, unlocking huge growth potential.
Overall, Bitlayer is poised to become a major player in the Bitcoin Layer 2 ecosystem, making it a project to watch closely! #Bitlayer
