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news-imageMarch 1, 2025

Why Bitcoin's DeFi Boom Took Years: Solv Protocol's Ryan Chow Spills The Details

Bitcoin's (CRYPTO: BTC) towering $1.5 trillion market cap has long outpaced its rivals, yet its decentralized finance (DeFi) utility has lagged due to slow infrastructure development and regulatory hurdles, according to Ryan Chow, co-founder of Solv Protocol Speaking from his vantage point at Solv (SOLV), a platform bridging Bitcoin to DeFi with $160 million in trading volume, Chow pinpointed the four-year maturation of Ethereum (CRYPTO: ETH)-based DeFi and a recent regulatory thaw as key factors now unlocking Bitcoin's potential. His insights highlight an industry poised for a Bitcoin-driven shift, fueled by lending and staking applications.
Publisher: Benzinga
Sentiment: Positive
BTC

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