BitcoinFi Booms: $7.39B in BTC Locked as Staking Takes Center Stage

Staking has go a cardinal constituent of BitcoinFi, with implicit 68,500 bitcoins locked, amounting to a full worth locked (TVL) of $7.39 billion. Three protocols—Babylon, Solv, and Lombard—dominate the market, controlling astir 85% of the TVL. Staking Dominance and Market Concentration Staking has emerged arsenic the “core motor of BitcoinFi,” locking up much than 68,500 […]