While many crypto users consider Bitcoin as a digital value of value, there are various Layer-2 solutions on the Bitcoin blockchain to unlock the hidden potential of BTC.
Today reported by Phoenix Group reported the top 10 Bitcoin-based block chains from TVL. The term “TVL” is often used in the Defi landscape. It refers to an approach to measure how much value is locked in the smart contract of a blockchain. The higher the TVL, the more acceptance a blockchain has in the Defi Ecosystem.
Top #Bitcoin-driven block chains by TVL #Core #bitlayer #bsquared #bob #rootstock #ailayer #MerLin #Merlin #bouncebit #M Approtocol pic.twitter.com/6avtt5yckuu
– Phoenix – Crypto News & Analytics (@PNXGRP) February 16, 2025
Top 10 block chains on Bitcoin
Nuclear chain
According to the Phoenix data, the core chain emerged as the top protocol on the Bitcoin network. With its $ 668 million TVL, Core Chain is the largest Bitcoin-based blockchain. It is a BTC-oriented blockchain that uses Bitcoin miners and holders to secure its smart contract platform. It is designed to unleash the power of both BTC and the Bitcoin network in the Defi Ecosystem.
Bitlayer
Bitlayer secured the second position with $ 406 million TVL. It is a Bitcoin L2 solution that specializes in improving the Bitcoin ecosystem through innovation, a variety of assets and secure scalability.
Bsquared Network
Bsquared Network is third with a TVL of $ 369 million. It is a Bitcoin Layer-2 solution that strives to make Bitcoin a versatile platform that can be tackled smoothly with various financial services and DAPPs.
Bob Network
The following is the Bob Network, which has a $ 245 million TVL, which places it as the fourth largest Bitcoin-driven blockchain. It is a Bitcoin-secured blockchain, a hybrid type that integrates with the Ethereum network.
Root
When he went down, it enabled the Rootstock platform to secure the fifth position with a $ 225 million TVL. Rootstock offers Defi -Services powered by the Bitcoin network. It is a smart contract platform with which Dapps can function faster, with lower costs.
Others
While Ailayer, a Bitcoin -based layer 2, followed by a $ 210 million, took Stack’s position seven with a TVL of $ 180 million. Stacks is a Bitcoin-Laag-2 solution with which smart contracts and Dapp’s Bitcoin can use as active and establish transactions.
Merlin Chain, a Bitcoin Layer-2 solution, settled in position with a TVL of $ 163 million. Bouncebit, a Bitcoin -repairing chain, assured the ninth position with a TVL of $ 61.8 million. Finally, MAP protocol, a Bitcoin Layer-2 infrastructure, received visibility with its $ 21.5 million TVL.
