BTCFi In-Depth Research Report: Analyzing the Financialization of Bitcoin, the Growth of the BTCFi Ecosystem, and Future Prospects

【Plain Introduction】The financialization process of Bitcoin (#$BTC) is accelerating, with the #BTCFi ecosystem expanding Bitcoin's financial functionalities through decentralized finance (#DeFi) protocols. As the 2024 U.S. presidential election brings political uncertainties, Bitcoin is receiving increased attention as a safe-haven asset, achieving new price highs.

BTCFi platforms like Babylon, Helium, and Shell Finance are driving Bitcoin's lending, staking, and stablecoin issuance, enhancing its financialization capabilities. Despite facing technological, market, and compliance risks, the rapid development of BTCFi and the application of cross-chain and #Layer2 solutions provide strong momentum for Bitcoin's future growth, bolstering its significant position in the global financial system. https://t.co/Tmyb60mcdT