1. Bitlayer Strategic Upgrade: From L2 to Full-Stack BTCFi Infrastructure**

At the summer launch in 2025, Bitlayer co-founders Kevin He and Charlie Hu announced three breakthrough advancements:

1. **BitVM Bridge Mainnet Beta Launch**: The first trust-minimized cross-chain bridge based on the BitVM paradigm, which locks BTC through smart contracts and generates 1:1 pegged YBTC, without the need for centralized custody or soft forks. It has been integrated with public chains like Sui, Arbitrum, Base, and has received technical support from mining pools such as Antpool and F2Pool.

2. **Network V2 White Paper Release**: Upgraded to Rollup architecture, with core features including:

- **Bitcoin-level Security**: Verifying all transactions on the Bitcoin chain through BitVM fraud proofs;

- **Sub-second Transaction Finality**: Meeting the needs of high-frequency trading;

- **Decentralized Sequencer** and **Asset Escape Pods**, ensuring censorship resistance and user asset security.

3. **V3 Architecture Preview**: Aiming for high-performance execution, targeting sub-millisecond latency, horizontally scalable architecture, and CEX-level user experience.

2. Ecosystem Explosion: Data Growth and Reward Frenzy**

- **On-chain Metrics Soar**: TVL surpasses $435 million, total address count reaches 787,000, with July trading volume hitting 69.3 million transactions (monthly increase of 22%).

- **Booster Activity Phase 2 is in full swing** (as of August 14 UTC):

- **Prize Pool**: 7.5 million BTR (total value exceeding $1.2 million);

- **Task Guide** (participate via Binance Wallet):

- Mint YBTC.B: Rewards divided by tier (e.g., ≥0.5 YBTC.B equally shares 600,000 BTR among the top 300);

- Bitzap Dex Trading: Complete 1 Swap to share 800,000 BTR (top 40,000), 3 transactions for a chance to win 300,000 BTR;

- **Hold Lucky Helmet NFT**: Exclusive prize pool of 800,000 BTR (top 400). @BitlayerLabs BitlayerLabs #Bitlayer打新 #Bitlayer، bitlayer #bitlayer

3. Why is Bitlayer the Future of BTCFi?**

1. **Technical Moat**: BitVM, as the first implemented Bitcoin smart contract framework, addresses the security and scalability dilemma;

2. **Capital Endorsement**: Received $25 million in funding from institutions such as Polychain Capital and Franklin Templeton;

3. **Ecosystem Expansion**: Deep collaboration with Binance Wallet, with participation exceeding 500,000, and leading projects like DeSyn and DeAgentAI being integrated.