: : The Expansion of Bitcoin Ecosystem is Inevitable Bitcoin is undeniably entering a new phase of development. Following a comprehensive review of the Bitcoin ecosystem during the recent Bitcoin Conference in June, it's become clear that Bitcoin's technological infrastructure is experiencing rapid, transformative growth. The fastest-growing segments of Bitcoin's ecosystem include: - Restaking and liquid staking centered around @babylonlabs_io, @Lombard_Finance and @SolvProtocol - Advanced L2 solutions implementing enhanced BitVM and incorporating @SuccinctLabs SP1 and @RiscZero zkVM for trust-minimized bridges - Major L1 chain's pushing BTC Initiatives, onboarding BTCFi projects Since there were notable updates recently, I would like to introduce them here. 1. @babylonlabs_io - Proposed reducing Bitcoin staking withdrawal times from approximately 7 days to around 50 hours. This T+2 settlement standard aligns with traditional finance requirements, making Babylon staking significantly more attractive to institutional participants. - Collabed with @krakenfx to launch Bitcoin staking services - $BABY got listed on Korean major exchange, Upbit 2. @SuiNetwork pushing BTCFi initiatives - Sui has emerged as the most aggressive promoter of BTCFi initiatives, approaching Bitcoin integration with serious technical sophistication. - Cofounder @EmanAbio has published detailed analyses of Sui's BTCFi strategy; directly supporting BTC bridging in chain-level infrastructure, such as @ikadotxyz's 2PC-MPC bridge and Sui's native BTC bridge. - Been actively onboarding BTCFi projects, like Lombard and Native, with - BTC-related assets now comprising over 10% of Sui's total capital. 3. @aave discussing BTC L2 Integration - @build_on_bob submitted a proposal to Aave governance, suggesting the addition of SolvBTC / openUSDT. 4. BitVM - BitVM3 whitepaper released - Proposes dramatically reduced proof size and costs 5. @citrea_xyz - Announced roadmap to launch Bitcoin's first zk-rollup through BitVM + @boundless_xyz Bitcoin's ecosystem is developing at an unprecedented pace, coinciding with favorable price momentum that creates optimal conditions for ecosystem projects. This convergence of technical innovation, institutional adoption infrastructure, and market conditions suggests we're witnessing a pivotal moment in Bitcoin's evolution from digital gold to comprehensive financial infrastructure. The key is capitalizing on this momentum while the conditions remain favorable :) Hope Bitcoin ecosystem leverage this momentum wisely and capture the market in a near future!