The Bitcoin network has seen an impressive surge in its Total Value Locked (TVL), surpassing $4.3 billion with 44,369 BTC currently staked. This growth follows Babylon’s groundbreaking introduction of native Bitcoin staking, which has revolutionized how users participate in Bitcoin’s ecosystem. Babylon Labs is at the forefront of this shift, with nearly 24,000 BTC staked on its platform, supported by notable delegations from Lombard Finance (7,166 BTC) and Solv Protocol (7,089 BTC). This substantial increase in TVL highlights the growing confidence in Bitcoin’s staking capabilities. Here’s the breakdown of the current TVL across various projects within the Bitcoin network: –
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