The Bitcoin DApp ecosystem is undergoing a resurgence, marked by the success of new protocols like SolvBTC.

SolvBTC has reached a total value locked (TVL) of $700 million and has engaged over 92,000 participants, with staking exceeding 10,000 BTC.

SolvBTC offers annual returns ranging from 5% to 10% on BTC deposits and is broadening its reach to other networks.

BEVM, a layer-2 Bitcoin solution, secured an investment from Mitmain and has over 700,000 user addresses and 30+ projects, with a market valuation of $200 million.

BEVM allows for the use of BTC as gas fees and is exploring further applications in the Bitcoin hash rate and Proof of Work (PoW) ecosystems.

Upcoming expansions for the ecosystem include a Bitcoin DEX Orders Exchange, a sidechain named MicroVisionChain, and a Bitcoin NFT marketplace set for 2024.

The Bitcoin Ordinals market has grown to $2.3 billion, fueled by ecosystem growth, a memecoin craze, and listings on major exchanges.

BRC-20 tokens have achieved a market capitalization of $1 billion in 2023, reflecting the expanding utility and adoption of the Bitcoin DApp ecosystem.