100 million daily trading volume! @BitlayerLabs #Bitlayer as the core cross-chain channel for BTC
As the 'value anchor' of Web3, Bitcoin has long struggled to participate in the value circulation of multi-chain ecosystems due to its lack of cross-chain capabilities—until @BitlayerLabs utilized #Bitlayer to launch BitVM bridging technology, which truly opened the connection channel between Bitcoin and other public chains. Today, the daily cross-chain trading volume has surpassed 100 million USD, becoming the core hub for BTC cross-chain.
The rapid implementation of BitVM bridging technology is mainly due to its solution to the 'security pain points' of traditional cross-chain methods. Traditional solutions rely on centralized relay nodes, which pose risks of asset misappropriation and single points of failure. BitVM achieves cross-chain through pure mathematical proof, eliminating the need to trust any third party, perfectly inheriting Bitcoin's decentralized security characteristics. This 'trust-minimized' cross-chain method allows users to confidently transfer BTC to other ecosystems—whether bridging BTC to Ethereum to participate in Aave lending, or transferring assets from Solana to #Bitlayer to market with YBTC, all while ensuring security and enjoying the benefits of a multi-chain ecosystem.
The diversity of cross-chain applications continues to expand. In addition to basic asset transfer, #Bitlayer is promoting the deep application of $BTC in multi-chain scenarios: users can use bridged BTC for NFT purchases on Ethereum, act as transaction currency in Solana's gaming ecosystem, and even integrate multi-chain assets to build personalized asset portfolios on #Bitlayer . This 'Bitcoin + multi-chain' application model transforms BTC from a single storage asset into a flexible 'value tool,' significantly enhancing asset utilization efficiency.
@BitlayerLabs proves with Bitlayer that Bitcoin's value should not be confined to a single network. With the advancement of cross-chain contract invocation functionality—future capabilities will allow BTC to be used for collateralized lending on Ethereum and for YBTC participation in Solana mining, Bitcoin will truly become the 'value hub' of the multi-chain ecosystem, driving the value reshaping of the entire Web3 ecosystem.
