Zeus Network has introduced zBTC, a tokenized version of Bitcoin on Solana, expanding opportunities for Bitcoin holders and DeFi.
Growth of Solana’s DeFi Ecosystem Driven by zBTC Launch
The successful launch of zBTC represents Bitcoin securely and transparently on the Solana network. Users can engage with DeFi applications on Solana while maintaining the inherent security features of BTC. Following the announcement, the price of ZEUS token increased by over 4%. The zBTC launch facilitates a significant bridge between Bitcoin and Solana networks.
Innovative Technologies of Zeus Network
Key components of this innovation include Zeus Network’s ZeusNode architecture and Zeus Program Library (ZPL). These technologies enable verification, tokenization, and transactions on the Solana network without altering Bitcoin’s original protocol. The cross-chain liquidity solution offers safer, cheaper, and faster transactions between Bitcoin and Solana networks.
Future Plans and Ecosystem Expansion
The network aims to incorporate UTXO-based cryptocurrencies such as Dogecoin, Litecoin, and Kaspa into the ecosystem by 2025. Zeus Network plans to bring 1% of Bitcoin liquidity to Solana by mid-2025, managing 2,250 BTC during this period to strengthen its position in the cross-chain DeFi market. Additionally, the Zeus Program Library will become open-source in 2025, encouraging developers to create new applications within the Zeus ecosystem.
With the integration of zBTC into the Solana network, Zeus Network continues to offer innovative solutions in the DeFi ecosystem, providing Bitcoin holders with broader investment opportunities and enhancing liquidity flows between networks.
