Pell Network raised $3 M in a Private Sale round on 2025-01-26.

Latest Daily Report is ready! Bitcoin Rebounds 3.5%, Ethereum Weakens, Dinari and Pell Network TVL Surge 🔥 Read More 👇 https://www.gate.io/learn/articles/gate-research-bitcoin-rebounds-3-5-ethereum-lags-dinari-and-pell-network-tvl-soar/3617?ch=GDR_bn_20240726&utm_campaign=TR_QlwFqOHA&utm_content=&utm_medium=CPM&utm_source=CH_L2b1FOrO&utm_term=

BTC (re) staking and the competition in the anchored asset market are intensifying, with participants such as Lombard Finance, Pendle, and SatLayer vying for market share through ecological strategies and cross-chain expansion. Trust is key to BTC anchored assets, with all parties striving to enhance market acceptance through longer solutions.

The competition in the BTC staking and anchored asset market is intensifying, with Lombard Finance rapidly rising to become the largest TVL provider. All parties are vying for market share through ecological strategies, cross-chain expansion, and other means, while Pendle and SatLayer have newly entered the market. The trust issues surrounding anchored assets remain prominent, and risks and returns need to be carefully assessed.

November 2024 Public Chain Industry Research Report: Bitcoin's New High Triggers Comprehensive Rise In November 2024, the blockchain industry is experiencing a strong bull market. The price of Bitcoin continues to set new historical highs, nearly breaking the $100,000 mark, while its market capitalization surpasses that of major traditional assets like silver. Ethereum also achieves a significant rebound, and the altcoin market performs well. While Bitcoin Layer 2 continues to grow strongly, Ethereum Layer 2 faces increasingly fierce competition, with relatively moderate growth. Market Overview In November, the cryptocurrency market reached a historic high, with Bitcoin soaring from $69,386 to $96,427, a rise of 39.0%. Ethereum followed closely, climbing from $2,511 to $3,711, a rise of 47.8%. Bitcoin's outstanding performance pushed its market value beyond silver and Saudi Aramco, approaching $100,000 on November 23.

Solv Protocol: Exploring the staking abstraction layer and liquidity mechanisms within the BTCFi ecosystem Introduction Solv Protocol was established in 2020 with the aim of lowering the barrier to creating and using on-chain financial tools, bringing diverse asset classes and yield opportunities to the crypto space. Solv Protocol focuses on minting and trading NFTs related to financial ownership certificates. In 2024, as the BTCFi sector continues to develop, Solv Protocol has shifted its focus to BTCFi, creating a full-chain yield Bitcoin asset SolvBTC, aimed at providing new opportunities and possibilities for Bitcoin holders while creating an efficient BTCFi ecosystem. Recently, Solv