SolvBTC.AVAX Reaches $20M TVL Milestone
SolvBTC.AVAX Reaches $20M TVL Milestone
🚀 BTC Yields Hit New Heights
SolvBTC.AVAX has achieved a significant milestone by surpassing $20M in Total Value Locked (TVL), indicating growing momentum on the Avalanche network.
Key highlights:
- Access to tokenized RWA-backed yields from Blackrock BUIDL fund
- Integration with Hamilton Lane SCOPE
- Follows 60% TVL growth on SolvBTC.BNB platform
Users can now put their BTC to work through the platform at Solv Finance.
This development demonstrates increasing adoption of Bitcoin yield opportunities across multiple chains.
Alea Research Report Highlights Solv's Bitcoin Mobility via Chainlink CCIP
**Alea Research has published a report examining Solv Protocol's asset mobility infrastructure powered by Chainlink's Cross-Chain Interoperability Protocol (CCIP).** Key findings: - Solv operates the largest onchain Bitcoin reserve with enhanced productivity - Products integrated with Chainlink CCIP have processed over $1.3B in cumulative cross-chain transfer volume - The infrastructure enables Bitcoin to move seamlessly across different blockchain networks **Technical Integration** Solv's Bitcoin Finance products utilize two Chainlink services: - CCIP for secure cross-chain transfers - Proof of Reserve for transparent asset backing verification The White House's Digital Assets Report (EO14178) recognized Chainlink CCIP as critical infrastructure for stablecoins, tokenized funds, and digital assets. [Read the full White House report](https://www.whitehouse.gov/wp-content/uploads/2025/07/Digital-Assets-Report-EO14178.pdf)
Solv Protocol Upgrades to FROST Network for Bitcoin Threshold Signatures
Solv Protocol has completed a major infrastructure upgrade, transitioning from SAL to **FROST Network-based architecture** for Bitcoin-compatible threshold signing. **Key Features:** - Uses FROST multi-signatures for distributed custody and governance - Enables institutional-grade security without modifying Bitcoin's core protocol - Provides distributed control and clearer accountability for SolvBTC operations The upgrade addresses scalability needs as SolvBTC grows, offering: - Stronger security through threshold cryptography - Enhanced execution scalability - Improved integration capabilities for DeFi ecosystems - More reliable infrastructure for institutional adoption This move represents a shift from integration-focused staking abstractions toward a more resilient and auditable Bitcoin execution layer. [Read full details](https://blockchainreporter.net/solv-drives-frost-threshold-signatures-for-bitcoin-mainnet-execution/)
Solv Protocol Upgrades to FROST Network Architecture for Enhanced Bitcoin Security
Solv Protocol has completed a major infrastructure upgrade, transitioning to **FROST Network-based architecture** for its Bitcoin execution layer. **What is FROST Network?** - Bitcoin-compatible threshold signing system - Uses FROST multi-signatures for distributed custody - Enables institutional-grade signing and governance - Works without modifying Bitcoin's core protocol **Key Improvements:** - Stronger security through distributed control - Enhanced accountability and auditability - Higher execution scalability for SolvBTC - More reliable infrastructure for institutional adoption - Easier integration for DeFi ecosystems The upgrade moves Solv beyond its previous SAL (staking abstraction layer) framework, establishing a more resilient foundation as SolvBTC scales. This follows Solv's August 2024 security enhancement with [Fuzzland](https://fuzzland.io) as runtime Risk Guardian, which provides 24/7 operational defense. Learn more at [solv.finance](https://solv.finance/home)
Solv Protocol Achieves 92.15 AA Security Rating from CertiK for Bitcoin Reserve Protection
Solv Protocol has received a **92.15 AA rating** from [CertiK](https://twitter.com/CertiKCommunity), marking the highest security certification available. The rating validates Solv's security infrastructure protecting what they describe as the largest onchain Bitcoin reserve. This certification follows CertiK's comprehensive audit of the protocol's smart contracts and security practices. **Key Points:** - AA rating represents top-tier security standards in blockchain protocols - Certification covers protection mechanisms for onchain BTC holdings - Builds on previous security collaboration with CertiK dating back to 2024 The rating provides institutional-grade assurance for users interacting with Solv's Financial NFT platform and Bitcoin-related products.
Solv Protocol Partners with CoinUP to Offer Bitcoin Yield Through Earn Vault
Solv Protocol has announced a partnership with CoinUP to provide Bitcoin yield opportunities to CoinUP users. **Key Details:** - Starting next week, CoinUP users can earn yield on their BTC holdings - Users simply need to park their Bitcoin assets in the CoinUP Earn Vault - The service leverages Solv's onchain BTC Reserve infrastructure - Solv was recently featured on Base network, promoting their BTC+ product with advertised yields The partnership aims to make Bitcoin yield accessible through a straightforward deposit mechanism, expanding Solv Protocol's reach in the Bitcoin yield market.