The emergence of Bitlayer not only addresses the core pain points of Bitcoin financialization but fundamentally reconstructs the ecological landscape of the BTCFi industry, promoting the industry's transformation from 'fragmented functions' to 'systematic infrastructure.' Its impact is mainly reflected in three aspects.
First, in terms of technical standards, Bitlayer's cross-chain solution based on BitVM and Rollup architecture provides a technical model for the BTCFi industry that balances 'security-efficiency-cost.' Currently, multiple projects have drawn on its technical design, promoting the unification of industry technical standards; second, in terms of ecological collaboration, it has opened up asset circulation channels between Bitcoin and multiple Layer 1 ecosystems, achieving interoperability between BTCFi and Ethereum, the Move ecosystem, breaking the 'on-chain islands', and laying the foundation for the development of cross-chain DeFi; third, in terms of user groups, through low-threshold and high-security product design, Bitlayer has expanded the user base of BTCFi from 'cryptocurrency veterans' to 'new users' and 'traditional institutions,' driving a significant increase in the scale of industry users.
From industry data, since the launch of Bitlayer, the total TVL of the BTCFi industry has grown from $500 million to $1.5 billion, and the number of users has increased from 100,000 to 300,000, with over 40% of new users coming from the Bitlayer ecosystem. Its driving effect on the industry has begun to emerge.@BitlayerLabs #Bitlayer