According to Foresight News, BNB Chain has announced that the BTC staking protocol Solv Protocol has secured the top position in its ecosystem's Total Value Locked (TVL) competition, with a growth exceeding 70%. Currently, 11,189 BTCB tokens have been staked into SolvBTC, with approximately 70% of SolvBTC participating in various Liquid Staking Tokens (LST), DeFi, and mining scenarios.
SolvBTC has integrated with over ten BNB Chain DeFi protocols, including Avalon, Tranchess, and DoDo. Notably, 2,000 BTCB tokens are involved in SolvBTC.BBN (Babylon LST), over 4,000 BTCB tokens are engaged in cross-chain staking and mining scenarios such as Core and Scroll, and more than 1,400 BTCB tokens are participating in various DeFi protocols to generate yields.
