Avalanche Bridged BTC (Avalanche)
BTC.B Price
Bitcoin Avalanche Bridge (BTC.B) offers seamless transfer of Bitcoin to Avalanche for DeFi opportunities. More
| Fully Diluted Valuation | $560.70M |
|---|---|
| 24H Trading Volume | $37.04M |
| 24H Low / High | $116.83 K / $ 118.65 K |
| Circulating Supply | 4.75 K |
| Total Supply | 4.75 K |
| Max Supply | 0.00 |
| Categories | Tokenized BTC 2 more |
|---|---|
| Founder | Emin Gün Sirer |
| Website | core.app |
| Socials | 1 more |
| Chains | Avalanche Ecosystem |
| Explorer | Avascan 2 more |
| Contracts |
0x152....43e50
|
| Name | Pair | OG Score |
|---|
Bitcoin Avalanche Bridge (BTC.B) is an ERC20 token on the Avalanche C-chain, representing Bitcoin bridged from the Bitcoin network using the Avalanche Bridge protocol. These tokens are backed by Bitcoin locked by the bridge enclave application.
The Avalanche Bridge, launched in August, has facilitated over $50 billion in transfers between Avalanche and Ethereum. The Ava Labs team has now added support for the Bitcoin network, allowing users to transfer Bitcoin to Avalanche C-Chain in a cost-effective and seamless manner without needing to go through Ethereum. This move aims to enable widespread adoption of BTC.B across the Avalanche and other ecosystems.
BTC.B on the Avalanche blockchain via the Avalanche Bridge aims to unlock over half a trillion dollars of value on the Bitcoin network for use within the Avalanche DeFi ecosystem. This integration also expands the range of offerings available on Avalanche. Bitcoin holders can now directly access extensive earning and yield opportunities on top DeFi protocols while maintaining BTC in their portfolio.
Ava Labs, founded by Emin Gün Sirer in 2018, continues to drive innovation in the blockchain space, with the Bitcoin Avalanche Bridge being a significant step towards bridging the gap between traditional and decentralized finance.
BTC.B is unique because it allows users to easily transfer Bitcoin to the Avalanche C-Chain, unlocking extensive earning and yield opportunities in the DeFi ecosystem while maintaining BTC in their portfolio.
Bitcoin Avalanche Bridge (BTC.B) is developed by Ava Labs, founded by Emin Gün Sirer in 2018.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Avalanche Bridged BTC (Avalanche) (BTC.B) is ($4,746), max supply of Avalanche Bridged BTC (Avalanche) BTC.B is ($0) and the market cap of Avalanche Bridged BTC (Avalanche) BTC.B is ($560,698,447).
What is the Avalanche Bridged BTC (Avalanche) (BTC.B) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Avalanche Bridged BTC (Avalanche) (BTC.B) is $118,019. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Avalanche Bridged BTC (Avalanche) (BTC.B) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
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As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Avalanche Bridged BTC (Avalanche) (BTC.B) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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