For the first time, Solana users can grow their Bitcoin holdings without bridging or trading. Zeus Network’s btcSOL turns staked SOL into a passive Bitcoin minting machine, without middlemen or complex steps. According to a press release shared with crypto.news…For the first time, Solana users can grow their Bitcoin holdings without bridging or trading. Zeus Network’s btcSOL turns staked SOL into a passive Bitcoin minting machine, without middlemen or complex steps. According to a press release shared with crypto.news…

Zeus Network’s btcSOL turns Solana staking into a Bitcoin on-ramp

For the first time, Solana users can grow their Bitcoin holdings without bridging or trading. Zeus Network’s btcSOL turns staked SOL into a passive Bitcoin minting machine, without middlemen or complex steps.

According to a press release shared with crypto.news on July 15, Zeus Network will launch btcSOL on July 17, allowing Solana (SOL) stakers to earn Bitcoin rewards in the form of zBTC, a Solana-native, non-custodial version of BTC pegged 1:1 to the original. Yield can be earned by locking up SOL or liquid staking tokens.

The move signals a deeper shift in how Bitcoin integrates with high-speed blockchains like Solana. While wrapped BTC (WBTC) and centralized alternatives have dominated cross-chain Bitcoin activity, Zeus Network is betting on a decentralized approach, one where users accumulate real BTC without relying on third-party custodians.

How btcSOL bridges Bitcoin and Solana without compromise

At its core, btcSOL functions as a yield converter that rewards staking SOL or liquid staking tokens automatically with Bitcoin-denominated returns. Here’s how it works: when users stake SOL via btcSOL, Zeus Network deploys that capital into automated yield strategies and converts the earnings into zBTC, which users receive daily.

Unlike wrapped BTC solutions that depend on centralized custodians, zBTC maintains a 1:1 peg through decentralized mechanisms, allowing redemption to native Bitcoin without KYC. For the first two weeks, whitelisted participants will earn double zBTC rewards, a tactical move that Zeus said is designed to bootstrap liquidity while testing demand.

Zeus Network’s push for native Bitcoin rewards on Solana isn’t just about convenience. It’s a strategic bid to reduce reliance on custodial bridges like WBTC. While WBTC dominates Ethereum’s Bitcoin ecosystem, its centralized minting process has long been a point of contention in DeFi. zBTC, by contrast, operates permissionlessly, aligning with Solana’s ethos of speed and self-custody.

To incentivize early adoption, Zeus has capped btcSOL at 75,000 slots and tied the launch to a basketball-themed campaign, complete with a 200% rewards multiplier and a Lakers ticket raffle.

Market Opportunity
Solana Logo
Solana Price(SOL)
$126.98
$126.98$126.98
-2.12%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump Cancels Tech, AI Trade Negotiations With The UK

Trump Cancels Tech, AI Trade Negotiations With The UK

The US pauses a $41B UK tech and AI deal as trade talks stall, with disputes over food standards, market access, and rules abroad.   The US has frozen a major tech
Share
LiveBitcoinNews2025/12/17 01:00
Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis

Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis

Egrag Crypto forecasts XRP reaching $6 to $7 by November. Fractal pattern analysis suggests a significant XRP price surge soon. XRP poised for potential growth based on historical price patterns. The cryptocurrency community is abuzz after renowned analyst Egrag Crypto shared an analysis suggesting that XRP could reach $6 to $7 by mid-November. This prediction is based on the study of a fractal pattern observed in XRP’s past price movements, which the analyst believes is likely to repeat itself in the coming months. According to Egrag Crypto, the analysis hinges on fractal patterns, which are used in technical analysis to identify recurring market behavior. Using the past price charts of XRP, the expert has found a certain fractal that looks similar to the existing market structure. The trend indicates that XRP will soon experience a great increase in price, and the asset will probably reach the $6 or $7 range in mid-November. The chart shared by Egrag Crypto points to a rising trend line with several Fibonacci levels pointing to key support and resistance zones. This technical structure, along with the fractal pattern, is the foundation of the price forecast. As XRP continues to follow the predicted trajectory, the analyst sees a strong possibility of it reaching new highs, especially if the fractal behaves as expected. Also Read: Why XRP Price Remains Stagnant Despite Fed Rate Cut #XRP – A Potential Similar Set-Up! I've been analyzing the yellow fractal from a previous setup and trying to fit it into various formations. Based on the fractal formation analysis, it suggests that by mid-November, #XRP could be around $6 to $7! Fractals can indeed be… pic.twitter.com/HmIlK77Lrr — EGRAG CRYPTO (@egragcrypto) September 18, 2025 Fractal Analysis: The Key to XRP’s Potential Surge Fractals are a popular tool for market analysis, as they can reveal trends and potential price movements by identifying patterns in historical data. Egrag Crypto’s focus on a yellow fractal pattern in XRP’s price charts is central to the current forecast. Having contrasted the market scenario at the current period and how it was at an earlier time, the analyst has indicated that XRP might revert to the same price scenario that occurred at a later cycle in the past. Egrag Crypto’s forecast of $6 to $7 is based not just on the fractal pattern but also on broader market trends and technical indicators. The Fibonacci retracements and extensions will also give more insight into the price levels that are likely to be experienced in the coming few weeks. With mid-November in sight, XRP investors and traders will be keeping a close eye on the market to see if Egrag Crypto’s analysis is true. If the price targets are reached, XRP could experience one of its most significant rallies in recent history. Also Read: Top Investor Issues Advance Warning to XRP Holders – Beware of this Risk The post Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis appeared first on 36Crypto.
Share
Coinstats2025/09/18 18:36
Truoux: In the Institutionalized Crypto Markets, How Investors Can Strengthen Anti-Scam Awareness

Truoux: In the Institutionalized Crypto Markets, How Investors Can Strengthen Anti-Scam Awareness

As the crypto market draws increasing attention from institutions, investors must remain vigilant, guard against various scam tactics, and rationally choose compliant
Share
Techbullion2025/12/17 01:31