Bitcoin has made considerable progress since its foundation. With the progress of the ecosystem, the network has become an exciting environment for numerous networks and assets, happily thrive on the Bitcoin network.
Although there are various projects that work on the Bitcoin -Blockchain, many are excellent because of their performance. Nowadays Cryptorank.io top 10 projects emphasized on the Bitcoin blockchain from TVL, as stated below.
Top 10 projects of TVL on bitcoin@Babylonlabs_io – $4.38b@lombard_finance – $1.59b@solvprotocol – $ 685m@exsatnetwork – $ 558m@lightning – $ 379m – $ 379m
TBTC – $ 356m@coffernetwork – $ 231m@b14g_network – $ 107m@bedrock_defi – $ 106m@ailayerxyz – $ 83.7m pic.twitter.com/19ct3i7xgw
– Cryptorank.io (@Cryptorank_io) 12 March 2025
Successful projects on Bitcoin
Babylon Labs, a Bitcoin -release protocol with which BTC holders can use while maintaining control over their assets independently, arose as the largest project on the Bitcoin network. The current TVL with a value of $ 4.38 billion shows its dominant role in the Bitcoin ecosystem.
Lombard Finance settled as the second largest protocol on the Bitcoin network with a TVL of $ 1.59 billion. Lombard changes Bitcoin’s utility of a store for value to a useful investment instrument through his liquid Bitcoin design platform.
SOLV protocol took the third position. It is an important Bitcoin structure platform with which Bitcoin holders can unlock the full potential of their BTC assets. It is TVL of $ 685 million, emphasizes its rapid acceptance and widespread impact in the cryptomarket.
Exsat Network, a Bitcoin scale solution, took fourth place with a $ 558 million TVL. It is a Bitcoin scale solution that supports the development of Bitcoin’s utility and enables the implementation of Dapp’s on the Bitcoin network.
Lightning Labs provided fifth place with a TVL of $ 379 million. It is Layer 2 protocol that facilitates scalability on Bitcoin -Blockchain by minimizing costs and traffic congestion on the Bitcoin network.
TBTC took on sixth place with a TVL of $ 356 million. It is a protocol with which Bitcoin holders can use their interests for TBTC tokens in Mint, giving them access to Defi applications.
Coffer Network occupies seventh place with a $ 231 million TVL. It is a decentralized custody solution with which BTC users can manage and earn their Bitcoin layer and Layer2 assets.
Other popular Bitcoin projects, which have also gained visibility in their TVL, are B14G network, Bedrock and Ailayer XYZ. B14G Network, a Bitcoin merging recovery platform, settled in eighth place with a $ 107 million TVL. While a Bitcoin strike protocols, a Bitcoin protocols, followed by a $ 106 million TVL, Ailayer XYZ, a Bitcoin Layer2 solution, was followed with a TVL of $ 83.7 million.
Bitcoin’s role in Defi
As mentioned above, Bitcoin Blockchain has been converted into a useful network where multiple projects work to offer different services to crypto users users. This reflects a broader world of interoperability and scale solutions. In this way the value of Bitcoin is validated by the rise of protocols and services that are performed on top of the proof-of-work network.
The performance of the protocols mentioned above emphasizes an important trend in blockchain preface: associating with the Bitcoin ecosystem offers enormous benefits, especially with regard to adoption and sustainability.
By developing interoperability with Bitcoin, these chains have placed themselves in an affordable position. By working on the Bitcoin network, they benefit from mass acceptance and growth by taking advantage of the powerful brand name, security and network effects of BTC.
Credit : cryptonews.net
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