Wrappers are taking Bitcoin cross-chain and unlocking new utilities. CoinMetrics’ latest study finds that 172K Bitcoin worth over $7 billion have been tokenized and are now deployed on alternative blockchains. Bitcoin is no longer just a store of value; it’s a lucrative yield-bearing asset.

According to CoinMetrics, substantial amounts of wrapped Bitcoin are deployed over various blockchains, including Ethereum, Solana, and Base. However, while tokenized $BTC adoption is rising, Bitcoin’s $2.21 trillion market cap means that there remains a significant amount of idle liquidity. This leaves a massive opportunity for traders who can determine where that liquidity may flow.

So, what is the best crypto to buy now? Best Wallet Token Best Wallet supports over 60 blockchains, including Bitcoin, Ethereum, Solana, XRP, and Cardano – and Best Wallet Token is its native cryptocurrency. It connects Bitcoin to the programmable money space of Ethereum and the wider blockchain industry, which is why it’s poised for adoption.

But the project offers far more than just storing your crypto. Best Wallet positions itself as a super app that allows you to generate yield, trade futures, and even spend your crypto in the real world. Holding $BEST is crucial to maximizing the app’s potential.

It provides trading fee discounts, higher staking yields, governance rights, and access to promotions on partner projects. Best Wallet Token is undergoing a presale, which has raised $12.9 million so far. This allows investors to get in from the ground floor, maximizing their upside potential.

As Bitcoin utility expands across blockchains, Best Wallet’s multichain capabilities and Bitcoin support signal that $BEST could see strong growth. Visit Best Wallet Presale. Aave Aave is the leading decentralized application (dApp) for Bitcoin yield.

It’s also crypto’s top lending and borrowing app with a total value locked (TVL) of $25 billion across all assets. Look at its website and you’ll see multiple options for generating Bitcoin yield, such as a 0.35% APY on wBTC and a 0.33% APY on cbBTC. There are 42,000 wBTC locked in Aave, and 13.19K cbBTC.

Just in these two pools alone, the protocol controls 60% of the tokenized Bitcoin market. Put differently, we can expect further development of the tokenized Bitcoin market to directly bolster the Aave TVL, and by extension, the Aave price. When generating Bitcoin yield, investors will exercise meticulous caution in risk evaluation, so as not to lose their $BTC through a hack or exploit.

Aave’s position as the market leader in TVL signifies its robustness, which is a non-negotiable for high-stakes Bitcoin positions. Snorter As Bitcoin activity spreads across blockchains, Snorter is another project that could capitalize. It’s a cross-chain trading bot based on the Telegram network.

It’s built to do everything from copy trading to token sniping, and it’s equipped with advanced charting software and market-leading trading fees at just 0.85%. With Snorter’s Telegram interface and advanced feature selection, catching the next breakout trade on any blockchain could be as easy as sending a text. It’s built on Solana but will expand to Base, Ethereum, Polygon, and BNB Chain, all prime networks for Bitcoin activity.

The project is undergoing a presale and has raised $390K so far. With a promising use case and early stage, it’s easy to see why $SNORT could surge in the months ahead. Visit Snorter.

Stacks One of the benefits of Stacks compared to other Bitcoin yield options is that it pays native Bitcoin yield, rather than tokenized $BTC. Stacks is a Bitcoin layer 2 blockchain, aiming to form a new economy directly on top of the Bitcoin network. The project has already achieved notable adoption, with some of its top applications being Zest, which boasts a $73 million TVL, and StackingDAO, which has a $20 million TVL, according to DeFiLlama data.

The Stacks website explains its mission is to “unlock $1T in BTC capital with new use cases for the most popular and yet untapped network.” Its website also highlights that a core benefit is that since Stacks is a Bitcoin layer 2, it benefits from Bitcoin’s finality. This means that transactions on the Stacks layer will be as irreversible as Bitcoin’s. Just as Aave symbolizes a secure gateway to generate Bitcoin yield, we can also expect Stacks to gain credibility in the coming years due to its direct connection to the Bitcoin network.

Its TVL is far lower than Aave’s right now, but this spells more room for gains if adoption keeps rising. BTC Bull Token BTC Bull Token is a Bitcoin-themed meme coin that pays real Bitcoin rewards to holders. What’s interesting about this use case is that it allows users to generate Bitcoin earnings without needing to commit their $BTC to a DeFi app.

Instead, they can keep it safely tucked away in cold storage. Simply hold $BTCBULL and wait for the rewards to roll in. This means that investors not only benefit from Bitcoin yield but also from the explosive nature of a meme coin.

It’s the best of both worlds. BTC Bull Token tracks Bitcoin’s price and runs $BTC airdrops at key milestones. The first will be when it hits $150K, and the second at $200K.

There will also be a $BTCBULL airdrop when the price reaches $250K. Right now, investors can buy $BTCBULL in presale. It has raised $6.7 million so far, but the campaign will end in just 26 days.

With the rising interest in Bitcoin yield, there is a clear pathway for $BTCBULL to rally this year, especially considering its meme coin allure. Visit BTC Bull Token. This article is for informational purposes only and does not provide financial advice.

Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.