The wait is over! The BitVM Bridge has officially launched on Mainnet. As the first functional application based on the BitVM paradigm, Bitlayer BitVM Bridge delivers a trust-minimized bridging solution for bitcoin holders, addressing critical demands as Bitcoin DeFi scales toward maturity. By eliminating reliance on centralized intermediaries, the bridge ensures all transactions remain verifiable, secure, and decentralized. “Over the past year, we’ve dedicated significant resources to developing the BitVM Bridge, and we’re thrilled to finally deliver this milestone to the community,” stated Kevin He, Co-founder of Bitlayer. “Post-Mainnet deployment, our focus shifts to scaling asset compatibility and deepening integration with additional blockchain networks.”

Supported by a very strong community, the team has started to stir excitement with its unique BitVM technology and the forthcoming airdrop rewards.

Bitlayer faces competition from other Bitcoin DeFi protocols such as BabylonChain, Stacks and BounceBit.

Bitlayerの2025年夏の発表を徹底解説！ BitVMブリッジ、V2ホワイトペーパー、V3アーキテクチャプレビュー。

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A Bitlayer executive noted the disappearance of overhyped Bitcoin narratives amidst ecosystem growth. He identified Ordinals (NFTs), layer-2s, and re-staking as narratives that had lost significant traction. Bitcoin NFT volumes have dropped drastically, suggesting the end of explosive growth. The initial hype around Bitcoin layer-2 solutions has diminished, impacting funding prospects for numerous projects. Bitcoin re-staking also experienced a similar decline, with only a few projects surviving. Despite this, layer-2s are still viewed as a crucial engine for Bitcoin's DeFi expansion. These layer-2s could provide infrastructure for generating yield opportunities for institutions. Some believe Bitcoin DeFi has not reached its full potential and remains a long-term opportunity. Bitcoin layer-2s are considered a necessary technological advancement for Bitcoin DeFi to take off. The layer-2 space is now entering a maturation phase that emphasizes fundamentals.

Bitlayer Launches Mining Gala with $23M Airdrop Incentives Bitlayer, a Layer 2 protocol on the Bitcoin network, is hosting a two-week Mining Gala from May 27th to June 10th. Bitcoin network at layer 2 Bitlayer is soon to launch a two-week Mining Gala…