After Solv Protocol launched a full-chain unified Bitcoin asset standard called SolvBTC, the total locked value of the protocol continued to rise, and now exceeded $1 billion, becoming the 32nd protocol in DeFillama TVL. SolvBTC has been launched on Arbitrum, Merlin Chain and BNB Chain, and officially connected to the zklink and linea networks last week, which means that users can cross-chain SolvBTC to zklink and Linea to obtain additional benefits.
Solv Protocol's investors include well-known institutions Binance Labs, Blockchain Capital and Nomura Securities. In addition, Solv is conducting a points activity to provide users with additional points rewards.