On Thursday, Astar Network announced via X that it has partnered with Solv Protocol, the on-chain Bitcoin Reserve bridging TradFi, CeFi, and DeFi. The partnership will enable retail and institutional investors to generate returns on their Bitcoin. It introduces SolvBTC, a unified standard for BTC that enhances Bitcoin’s utility across multiple chains.
With ACS now supporting SolvBTC, SolvBTC.BBN, and SolvBTC.JUP, BTC holders can put their assets to work and earn ACS incentives by participating in the ACS campaign.
Astar Network is a multi-chain dApp hub on Polkadot. The platform offers users various features, including dApp staking, L2 solutions, gas, and grants. Its native ASTR token is down 6.5% today, trading at $0.03209.