In 2023, Bitlayer (BTR) was launched to address the challenges of Bitcoin's limited smart contract capabilities and DeFi potential. As the pioneer of the first BitVM implementation, Bitlayer plays a crucial role in the Bitcoin DeFi ecosystem.
As of 2025, Bitlayer has become a key player in expanding Bitcoin's utility, offering a high-throughput Bitcoin Rollup and yield-bearing assets. With a growing developer community and significant backing from major investors, Bitlayer is establishing itself as a fundamental infrastructure for Bitcoin's DeFi landscape.
Bitlayer was created to unlock the full potential of Bitcoin DeFi. It emerged during a period of growing interest in expanding Bitcoin's functionality beyond simple transactions. Bitlayer aims to bring true utility, speed, and composability to the Bitcoin ecosystem, opening new possibilities for developers and users in the Bitcoin space.
With support from its founding team and investors, Bitlayer continues to optimize its technology, security, and real-world applications within the Bitcoin ecosystem.
Bitlayer operates on a decentralized network of computers (nodes) worldwide, free from control by any single entity. These nodes collaborate to validate transactions, ensuring system transparency and attack resistance, thus empowering users with greater autonomy and enhancing network resilience.
Bitlayer's blockchain is a public, immutable digital ledger that records every transaction. Transactions are grouped into blocks and linked through cryptographic hashes, forming a secure chain. Anyone can view the records, establishing trust without intermediaries. Bitlayer's unique approach includes implementing BitVM and a Bitcoin Rollup to significantly enhance performance and capabilities on the Bitcoin network.
Bitlayer leverages Bitcoin's robust security model while introducing new consensus mechanisms for its layer-2 solutions. The project aims to maintain the security guarantees of Bitcoin while enabling faster and more complex transactions through its BitVM implementation and Rollup technology.
Bitlayer utilizes public-private key cryptography to secure transactions:
This mechanism ensures fund security while maintaining the privacy level inherent to Bitcoin transactions. Additionally, Bitlayer's innovative BitVM bridge aims to provide trust-minimized cross-chain functionality, enhancing the security of inter-blockchain transactions.
As of November 21, 2025, BTR's circulating supply is 261,600,000 tokens, with a total supply of 1,000,000,000.
BTR reached its all-time high of $0.176 on September 14, 2025.
Its lowest price was $0.02372, occurring on October 10, 2025.
These fluctuations reflect market sentiment, adoption trends, and external factors.
Click to view the current BTR market price

Bitlayer's ecosystem supports various applications:
Bitlayer has established partnerships with Polychain Capital, Franklin Templeton, Framework, ABCDE, StarkWare, and Alliance, strengthening its technological capabilities and market influence. These partnerships provide a solid foundation for Bitlayer's ecosystem expansion.
Bitlayer faces the following challenges:
These issues have sparked discussions within the community and market, driving Bitlayer's continuous innovation.
Bitlayer's community is vibrant, with 32,893 holders as of November 21, 2025. On X (formerly Twitter), posts and hashtags related to Bitlayer often trend, particularly around major announcements or price movements. The launch of new features and partnerships have ignited community enthusiasm.
Sentiment on X shows a mix of reactions:
Recent trends indicate generally bullish sentiment as the project progresses in its development.
X users actively discuss Bitlayer's BitVM implementation, the potential of YBTC, and the implications for Bitcoin's ecosystem, showcasing both its transformative potential and the hurdles it faces in achieving mainstream adoption.
Bitlayer is redefining Bitcoin's capabilities through innovative blockchain technology, offering enhanced DeFi functionality, cross-chain interoperability, and yield-bearing assets. Its active community, rich resources, and strong market performance set it apart in the cryptocurrency space. Despite facing technical and implementation challenges, Bitlayer's innovative spirit and clear roadmap position it as a significant player in the future of decentralized finance on Bitcoin. Whether you're a newcomer or a seasoned player, Bitlayer is worth watching and participating in as it evolves.
BTR stands for BitRiver Token, the native cryptocurrency of the BitRiver ecosystem, which focuses on sustainable Bitcoin mining and data center services.
BTR is a cryptocurrency project created by Zainab Vora, focusing on blockchain technology and decentralized finance. It aims to provide innovative solutions in the Web3 space.
BTR stands for Build to Rent in property. It refers to purpose-built residential rental accommodation, designed for long-term renting rather than for sale.
BTR in finance typically stands for 'Better Than Requested', a term used in trading to indicate an order executed at a more favorable price than specified.
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