You can recall which chains you participated in, which chains went down, and which chains came up when BTC L2 caught fire before
TVL can be injected with water in the short term, but it is still very revealing in the long term

GOAT soared 7 times pre-market, BitFi was silent ro on the eve of dawn?
The current crypto circle has to admit that it is very fragmented, on the one hand, BTC has hit a record high, and on the other hand, the entire crypto circle has fallen into the bottleneck of innovation and application. Back a few years ago, BitFi was still a hot topic in the industry, and now no one cares about it
BitFi came out with a bunch of plans back then, all trying to leverage the trillions of precipitated assets behind BTC, and as the craze faded, a bunch of plans left the market halfway, but the big waves began to see real gold, GOAT @GOATRollup In my impression, it is a "retrograde builder", and it is still sticking to BitFi after the first wave of popularity recedes, actively promoting its ecological and technological iteration
Therefore, the most fundamental question is whether the BitFi track is a flash in the pan or a real blue ocean track, which is directly related to the meaning of perseverance
When the pre-market trading price of GOAT in @aspecta_ai soared 7 times, in fact, the market is not so desperate for the BitFi track, and the market will still give it a reasonable price, which is a bet on the future outbreak of BitFi
Like many tracks, when the first wave of craze fades, market sentiment will tend to be falsified on the track, but the fault tolerance rate of the market is actually far less small than we think, DeFi has also been falsified countless times before the real outbreak, including the recent hyperliquid, before the outbreak everyone thinks that dydx has verified its track, "this time is different" Although it is a trap for investors, it is indeed an objective phenomenon in the industry for so many years
It is precisely because some people firmly believe that "this time is different" that the industry can usher in innovation explosions again and again
First of all, this demand is not a pseudo demand, but the real expectation of a large number of BTC holders
So I have never given up on the observation of the BitFi track, and I pay special attention to the development of GOAT, simply because GOAT has the ability to survive the cold winter, and has been doing things after the ebb of BitFi
At present, the pre-market price of GOAT on aspecta is $7.45 for a key, 0.00005% of the total amount for a key, and the FDV after pricing is $149 million Token incentivizes value
One of the most obvious benefits is that the TVL on the GOAT chain has risen by 52% this week, because the participants on the chain have an objective judgment on the price in their hearts, and they have more confidence in their hearts
Returning to the basic disk of GOAT, that is, its ecology, @Artemisfinance's Staking TVL has been increasing, of which 2.92M comes from individual users, and its total APR is currently about 120%, of which BTC's native income reaches 7.99%, and the native income of BTC comes from GOAT's decentralized sequencer, the more transactions - the more > gas fees - the higher the income of > BTC staking
On-chain users can also put their BTC in @okutrade and @Goatswap_fi
Further access to DeFi yields, such as the LP combination of artBTC and wgBTC, which is a different kind of BTC that is essentially a single-currency financial management of BTC
At present, the GOAT ranking in the entire BTC L2 is rising, with a TVL of 167 million, ranking 7th. You might as well take a look at the BTC L2 that exploded in the past, it is inconvenient to name it here, how many have declined, and GOAT is the only BTC L2 that continues to refresh its ranking in the contrarian trend
In the development of the entire BitFi track and GOAT, I think the most important step is BitVM, and the breakthrough brought by BitVM technology is that it directly determines whether it can safely pry "BTC trillion precipitated assets", which is also the most critical technology that determines the eve of the dawn of BitFi's silence
GOAT has been doing the commercial landing version of BitVM, and at present, GOAT's BitVM solution has been iterated to BitVM3, which will significantly accelerate the mass adoption of Bitcoin zkRollups, which is also the core reason why I am the most optimistic about GOAT among all BitFi projects, GOAT has been following up with BitVM and continuously optimizing BitVM technology in commercial landing
Sometimes, we can only perceive the undercurrent surge when we go deep into the specific track and specific project, instead of following the market sentiment at a glance to determine that the track and the project are not playing, and countless innovations and track breakthroughs will go through a long incubation period, and what we have to do is to discover the new variables of the track and still adhere to the "real gold" of rapid growth and iteration in the track forgotten by the market
The real gold of the BitFi track is the GOAT, just waiting for the BitFi track to usher in its own spring
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