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Two words of the day #WORDOFTHEDAY✅
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📢 🚨 New York’s proposed 0.2% excise tax on crypto sales and transfers, unveiled today, may spark short-term volatility as traders reassess positions. Some activity could shift to lower-tax states, while investors watch for precedent-setting effects nationwide. Market sentiment remains cautious, awaiting legislative progress and potential impacts on digital asset adoption across the United States.🚨
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@Solayer #BuiltInSolayer $LAYER Solayer’s LAYER token—launched in early 2025—is the native governance asset of the Solayer restaking protocol on Solana. It empowers holders to participate in decision-making as the network moves toward full decentralization. The token’s initial distribution began mid-February through a structured three-phase airdrop, with eligibility determined by early-year on-chain snapshots. LAYER plays a central role in the Solayer ecosystem, offering governance rights, utility in staking and restaking activities, and planned integration with InfiniSVM for broader protocol capabilities. Advantages include aligning community incentives, enhancing network security through restaking, and fostering sustainable growth. Its design ensures active user participation while supporting long-term scalability and ecosystem expansion.
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@BitlayerLabs Bitlayer’s native token, BTR, is the backbone of its Bitcoin Layer-2 ecosystem. Built on the innovative BitVM framework, Bitlayer enables smart contracts and DeFi on Bitcoin with Ethereum compatibility . With a total supply capped at 1 billion tokens, BTR powers ecosystem incentives and governance tools—developers, users, and partners earn rewards and participate in platform decisions . Bitlayer continues growing via a roadmap that includes PoS-based mainnet (April 2024), BitVM rollup (Q1–Q2 2025), and high-throughput rollup by late 2025 . The BTR token aligns user incentives with decentralized control, fueling Bitlayer’s bitcoin-native DeFi vision. #Bitlayer
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📢📢 Trump’s Alaska summit with Putin on August 15, 2025, injects geopolitical uncertainty into crypto markets. If peace talks succeed, crypto could rally; but failure or harsh rhetoric may spark volatility—especially amid expectations for Fed rate cuts. #BTC $BTC
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