1. Bitlayer's arrival on the Binance Alpha platform and Futures contracts
Binance announced that the Bitlayer (BTR) token will be listed on the Binance Alpha trading platform on August 27, 2025, at 10:00 UTC, in addition to launching the BTR/USDT Perpetual contract with leverage up to 50× at 10:30 UTC on the futures platform.
This step is an important entrance for early investors, but it does not mean that the currency will be listed later on the main Binance market. We advise caution and participation with small shares due to the high volatility in emerging currencies.
2. Gate.io adds BTR for spot trading
Gate.io also announced the addition of Bitlayer (BTR) for spot trading starting August 27, 2025, at 11:00 UTC.
3. Bitlayer enters the DeFi system on the Solana network via YBTC
A new partnership between Bitlayer, Kamino Finance, and Orca led to the introduction of the BTC-backed currency, YBTC (pegged 1:1 with Bitcoin), in the Solana DeFi environment.
This move allows Bitcoin holders in Solana to earn returns through Kamino’s earn vaults and trade seamlessly via Orca.
4. Additional funding of $5 million
Bitlayer raised an additional $5 million through crowded public funding rounds, boosting investor confidence in its project.
5. Notable growth in usage within the Bitlayer ecosystem
According to an analytical report, the Total Value Locked (TVL) in Bitlayer reached $435 million with the number of addresses exceeding 787,600, with a monthly growth rate of 22%.
Binance launched token distribution campaigns through programs like the “Booster Program” and “BTCFI Carnival” aimed at stimulating on-chain activity.
Summary
Rapid expansion and noticeable spread: Listing of BTR on Binance Alpha, in addition to Solana support via YBTC.
Significant financial support: Raising new funding of $5 million, increasing user activity and growth.
High opportunities but fraught with risks: Emerging currencies like BTR have significant growth opportunities, but are subject to faster regulatory and marketing fluctuations.
