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Bitcoin staking platform Solv Protocol partners with Ethereum L 2 Soneium

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Bitcoin staking platform Solv Protocol partners with Ethereum L 2 Soneium

Solv Method has actually partnered with Soneium for BTC betting on Ethereum L 2
Following the collaboration, SolvBTC holders can stake, make benefits, and make use of advanced yield techniques.
Soneium’s $ 45 M TVL and 47 M purchases increase DeFi growth with Solv.

The globe of decentralized finance remains to advance, and a brand-new partnership in between Solv Method and Soneium is pushing the borders of what Bitcoin can achieve. Announced on March 6, 2025, this collaboration brings Bitcoin betting to Soneium, an Ethereum layer 2 blockchain supported by Japan’s Sony Team.

By integrating these two systems, individuals can now discover fresh opportunities to make rewards and use cross-chain liquidity, blending Bitcoin’s security with Ethereum’s expansive DeFi ecological community.

Solv Method, a system committed to Bitcoin staking, goes to the heart of this advancement. It permits users to deposit Bitcoin and get SolvBTC, a token fixed 1: 1 to Bitcoin’s worth.

Through this partnership, SolvBTC holders can stake their assets on Soneium, opening the door to easy earnings while maintaining Bitcoin’s core worth proposal. This move reflects an expanding fad amongst investors looking for means to make their Bitcoin job harder beyond merely holding or trading it.

Enhancing Bitcoin’s DeFi potential

A standout function of this collaboration is the introduction of SolvBTC Fluid Laying Symbols, or SolvBTC.LSTs. These symbols enable advanced yield techniques, offering Bitcoin customers better flexibility and scalability in their financial investments.

With this arrangement, staking ends up being more than simply a means to earn incentives– it transforms right into a device for unlocking innovative economic chances throughout numerous blockchains. The partnership leverages Solv’s cutting-edge Staking Abstraction Layer, a system designed to streamline the laying process across various networks.

This abstraction layer is a game-changer for Bitcoin holders. It decreases the technological barriers that usually maintain users from participating in DeFi, making it simpler to engage with decentralized applications.

By linking Bitcoin (BTC) to Soneium, Solv Method is efficiently expanding the cryptocurrency’s energy, enabling it to play an extra active duty in the fast-growing world of decentralized money.

Especially, the timing of this collaboration could not be better. As Bitcoin staking gains popularity, more capitalists are looking for ways to produce easy income from their holdings. Solv Procedure and Soneium are satisfying this need head-on, providing a solution that’s both easily accessible and forward-thinking.

While specifics about future plans remain under wraps, both groups have hinted at additional developments to come, signifying that this is just the beginning of Bitcoin’s deeper assimilation into DeFi.

Soneium’s increasing celebrity in DeFi

Soneium, launched in August 2024 by Sony Block Solutions Labs and internet 3 company Startale, has swiftly made a name for itself. Constructed as a high-performance Ethereum layer 2 service, it’s created to power innovative and effective decentralized applications.

As of March 6, 2025, the network boasts an overall worth locked of $ 63 16 million across 19 dApps, according to DefiLlama information. Its fast growth appears in the 47 million transactions refined and the 4 million active addresses it has attracted in just a few months.

The platform holds some of the most dynamic DeFi jobs in the space, including decentralized exchanges like Kyo Money, Velodrome, and Sonex.

Soneium’s framework is tailored to manage the demands of modern DeFi, supplying speed and scalability that complement Solv Method’s aspirations. Together, they’re creating an environment where Bitcoin users can flawlessly incorporate with cutting-edge financial tools.

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