According to Foresight News, the Bitcoin staking protocol Solv Protocol announced that it has been successfully deployed on Avalanche. Users can use BTC.b to mint SolvBTC. In addition, SolvBTC and SolvBTC.BBN from other chains can also cross-chain to the AVAX ecosystem through Chainlink CCIP.

Currently, Solv has been deployed on 8 public chains including Ethereum, BNB Chain, Base and Arbitrum, and has built a Bitcoin staking ecosystem covering more than 20 public chains and DeFi protocols, providing diversified income opportunities for Bitcoin assets.