Solv Protocol’s TVL on the Bitcoin mainnet surpassed $470 million, outpacing the Lightning Network’s $310 million.
Solv Protocol has achieved a critical milestone in the Bitcoin staking ecosystem by exceeding $470 million in Total Value Locked (TVL) on the Bitcoin mainnet.
Solv’s success can be attributed to its creative approach to solving problems in Bitcoin staking through the development of its Staking Abstraction Layer (SAL) technology.
Integration of Bitcoin into DeFi via SolvBTC helps Solv Protocol’s momentum in the Bitcoin staking space to be even more enhanced.