Bitlayer’s on-chain TVL exceeds $500 million, and the second mining festival is about to go online

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Cointime2024/06/25 07:38

By:Cointime

On June 25th, according to the official website of Bitlayer, a native layer 2 network for Bitcoin, the total value locked (TVL) on the Bitlayer chain has exceeded $500 million, now at $534 million, with a growth rate of over 40% in the past 30 days. Currently, the top five ecological protocols in terms of Bitlayer TVL are Avalon, Pell Network, bitCow, bitSmiley, and Macaron. According to official data, nearly 100 ecological projects have been deployed on Bitlayer, with over 1 million active on-chain transactions, making it the fastest-growing Bitcoin Layer 2 ecosystem. Recently, Bitlayer will launch the second phase of the mining festival in collaboration with OKX Web3 Wallet, allowing users to experience Bitlayer's ecosystem and share a BTR reward worth over $1.2 million. For more details about the event, please stay tuned for Bitlayer's subsequent announcements.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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