Bitcoin staking platform Solv Protocol partners with Ethereum L2 Soneium
- Solv Protocol has partnered with Soneium for BTC staking on Ethereum L2.
- Following the partnership, SolvBTC holders can stake, earn rewards, and use advanced yield strategies.
- Soneium’s $45M TVL and 47M transactions boost DeFi growth with Solv.
The world of decentralized finance continues to evolve, and a new partnership between Solv Protocol and Soneium is pushing the boundaries of what Bitcoin can achieve. Announced on March 6, 2025, this collaboration brings Bitcoin staking to Soneium, an Ethereum layer 2 blockchain supported by Japan’s Sony Group.
By integrating these two platforms, users can now explore fresh opportunities to earn rewards and tap into cross-chain liquidity, blending Bitcoin’s stability with Ethereum’s expansive DeFi ecosystem.
Solv Protocol, a platform dedicated to Bitcoin staking, is at the heart of this development. It allows users to deposit Bitcoin and receive SolvBTC, a token pegged 1:1 to Bitcoin’s value.
Through this partnership, SolvBTC holders can stake their assets on Soneium, opening the door to passive income while maintaining Bitcoin’s core value proposition. This move reflects a growing trend among investors seeking ways to make their Bitcoin work harder beyond simply holding or trading it.
Enhancing Bitcoin’s DeFi potential
A standout feature of this collaboration is the introduction of SolvBTC Liquid Staking Tokens, or SolvBTC.LSTs. These tokens enable advanced yield strategies, giving Bitcoin users greater flexibility and scalability in their investments.
With this setup, staking becomes more than just a way to earn rewards—it transforms into a tool for unlocking sophisticated financial opportunities across multiple blockchains. The partnership leverages Solv’s innovative Staking Abstraction Layer, a system designed to simplify the staking process across various networks.
This abstraction layer is a game-changer for Bitcoin holders. It lowers the technical barriers that often keep users from participating in DeFi, making it easier to engage with decentralized applications.
By bridging Bitcoin (BTC) to Soneium, Solv Protocol is effectively extending the cryptocurrency’s utility, allowing it to play a more active role in the fast-growing world of decentralized finance.
Notably, the timing of this partnership couldn’t be better. As Bitcoin staking gains popularity, more investors are looking for ways to generate passive income from their holdings. Solv Protocol and Soneium are meeting this demand head-on, offering a solution that’s both accessible and forward-thinking.
While specifics about future plans remain under wraps, both teams have hinted at additional innovations to come, signaling that this is just the beginning of Bitcoin’s deeper integration into DeFi.
Soneium’s rising star in DeFi
Soneium, launched in August 2024 by Sony Block Solutions Labs and web3 firm Startale, has quickly made a name for itself. Built as a high-performance Ethereum layer 2 solution, it’s designed to power creative and efficient decentralized applications.
As of March 6, 2025, the network boasts a total value locked of $63.16 million across 19 dApps, according to DefiLlama data. Its rapid growth is evident in the 47 million transactions processed and the 4 million active addresses it has attracted in just a few months.
The platform hosts some of the most dynamic DeFi projects in the space, including decentralized exchanges like Kyo Finance, Velodrome, and Sonex.
Soneium’s infrastructure is tailored to handle the demands of modern DeFi, offering speed and scalability that complement Solv Protocol’s ambitions. Together, they’re creating an environment where Bitcoin users can seamlessly integrate with cutting-edge financial tools.
