Bitcoin's role is changing! It's moving beyond just storing value to becoming a more active part of the cryptocurrency world. This is thanks to Bitcoin DeFi (BTCfi), which lets people earn money using their Bitcoin in new ways.
- Bitcoin is being used in decentralized finance (DeFi) on new sidechains.
- These sidechains let Bitcoin holders earn money through lending and other services.
- This is a big change, as Bitcoin was mostly held and not actively used before.
Fact | Number |
---|---|
Bitcoin's market share | Over 60% |
Bitcoin's price prediction | Over $100,000 |
BTCfi Total Value Locked (TVL) | Less than $7 billion (but growing rapidly!) |
Potential BTCfi market by 2030 | $44-$47 billion |