Bitcoin Staking Protocol Solv Raises M at 0M Valuation - Coin Index News

Bitcoin Staking Protocol Solv Raises $11M at $200M Valuation

Carmen Brooke Martin October 14, 2024

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According to Solv’s co-founder Ryan Chow, bitcoin’s market cap exceeding $1.2 trillion presents significant growth opportunities. Chow highlighted the staking rate, which currently lags behind Ethereum at 28%. He believes that if Bitcoin were to reach similar staking levels, it could potentially unlock a staggering $330 billion in value.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry.What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content.As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.