$SOL

Solv Protocol is a leading Bitcoin staking

platform designed to unlock the full potential

of over $1 trillion in Bitcoin assets.

It operates through its innovative Staking

Abstraction Layer (SAL), which enables

Bitcoin holders to access diverse yield

opportunities across multiple blockchains

and ecosystems while maintaining liquidity

through SolvBTC.

SOLV /USD Perp. 0.0424 -0.7%

The core of. @Solana Official technology is

its Staking Abstraction Layer (SAL) and

SolvBTC. SAL is a modular system that

simplifies Bitcoin staking and the process of

earning incentives, allowing BTC holders to

access various DeFi strategies while holding

a liquid version of their Bitcoin, known as

SolvBTC. SolvBTC Liquid Staking Tokens

(LSTs) are a liquid representation of Bitcoin

issued when users stake BTC through Solv

Protocol. These LSTs are 1:1 backed by

Bitcoin, are tradable, and possess cross-

chain compatibility, thereby enabling yield

opportunities across various platforms.

$SOLV Protocol has made significant strides

in developing new products and expanding

its institutional focus. On April 29, 2025, Solv

unveiled its first Shariah-Compliant Product,

which allows BTC holders to earn yields

while adhering to Islamic finance principles,

thereby expanding opportunities for

investors in the Middle East. This represents

a notable move towards broader institutional

and regional adoption. The platform also

raised $10 million for its Bitcoin Reserve

Offering on May 13, 2025, with the aim of

providing an "on-chain MicroStrategy"

model, referencing a software company

known for its significant Bitcoin holdings.

This initiative indicates a strategic effort to

attract corporate treasuries and institutional

Bitcoin holders. Furthermore, on May 16,

2025, it was announced that Solv, alongside

Avalanche and Elixir, is backed by $4 billion

of institutional assets, with yields launched

from BlackRock BUIDL and Hamilton Lane

SCOPE. This highlights strong institutional

confidence and integration with traditional

asset managers. Solv also offers DeFi Vaults,

which are specialized financial products

providing additional yields through delta-

neutral strategies (e.g., GMX, Ethena,

Jupiter), effectively transforming Bitcoin into

an active, productive asset. Bitcoin Reserve

Offerings connect Bitcoin holders with

networks requiring BTC's economic security,

enabling restaking yields on platforms like

Babylon, EigenLayer, and Symbiotic.

In terms of funding and security, Solv

Protocol successfully raised $11 million in a

strategic funding round on October 14,

2024, bringing its total funding to $25

million. The project is backed by prominent

investors such as Binance Labs, Blockchain

Capital, and Laser Digital. Furthermore, Solv

Protocol has undergone extensive security

audits by leading firms, including

Quantstamp, Certik, SlowMist, Salus, and

Secbit, ensuring high standards of safety.

The SOLV token allows holders to participate

in governance decisions, earn protocol

emissions by staking on SAL, and receive fee

discounts. Solv is also listed as a partner with

BOB (Build on Bitcoin), a hybrid chain aiming

to be the gateway to Bitcoin DeFi.