🧧Bitlayer is making waves again. The first round of fundraising was snapped up before launch, and although the tokens haven't been distributed yet, it has already become one of the most anticipated L2 projects in the BTC ecosystem. Many veteran players say this is 'the most capable technical faction in the Bitcoin narrative,' and now new funds are continuously flowing in, indicating that this is no longer just empty hype.
The underlying logic of Bitlayer is actually very clear: it has built a fully EVM-compatible Layer2 architecture based on Bitcoin, capable of running all applications on Ethereum, with security relying on the BTC main chain, but the interaction method is not much different from OP and Base. This means that BTC, which could only serve as a 'store of value' before, can now have a real on-chain ecosystem.
What’s even more noteworthy is its BitVM bridging solution, which breaks the traditional limitation that Bitcoin cannot natively support smart contracts, allowing for freer asset circulation between BTC and L2, and laying the groundwork for large-scale activation of BTC assets in the future. From the technical side to ecological strategy, Bitlayer's advancement pace is quite pragmatic. The current Booster Program, TGE incentives, and task system launched around Alpha Points have both original accumulation and ensure a certain level of user stickiness.
In terms of ecosystem building, Bitlayer has announced the launch of a multi-million dollar incubation fund, inviting developers to settle in and create applications based on BTC security, such as DeFi, GameFi, and Restaking. The backing of top-tier capital like Polychain, Framework, and Franklin Templeton also validates its long-term potential.
If the Bitcoin ecosystem is indeed going to experience an explosion of smart contracts, then Bitlayer is likely to be the starting point of this narrative. The earlier you enter, the higher the dividends. #Bitlayer @BitlayerLabs