Last week, the BRC20 protocol of Bitcoin integrated Ethereum Virtual Machine, achieving smart contract capabilities that could change blockchain dynamics.
Bitcoin and Ethereum: A New Path for Smart Contracts
The integration of Ethereum Virtual Machine into Bitcoin's BRC20 protocol marks a significant enhancement in the network's functionality. Best in Slot CEO Eril Binari Ezerel and Domo completed this upgrade, allowing for Turing completeness and the realization of Ethereum-style smart contracts on the Bitcoin network.
Impact of EVM Integration on Bitcoin Market
The integration of EVM into Bitcoin is unprecedented, reducing reliance on sidechains and minimizing associated risks. As of September 2, 2025, Bitcoin (BTC) is trading at $110,214.12, with a market capitalization of $2.19 trillion, maintaining a 57.66% market dominance. The transaction volume over the last 24 hours reached $63.39 billion, indicating a significant shift in trading volumes.
Future Prospects for DeFi and dApp on Bitcoin
Insights from WuBlockchain suggest that the inclusion of EVM into Bitcoin could lead to significant advancements in decentralized finance. The enhanced functionality may attract developers and investors seeking new avenues for smart contract deployment on Bitcoin.
The integration of Ethereum Virtual Machine into Bitcoin opens new opportunities for development on the blockchain, which could significantly impact the growth of decentralized applications and finance.