Bitcoin Raiden Network deposit pre-sale exceeds $900 million, 1.5 times the pre-sale amount Pump.fun

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On July 10, Nubit's Bitcoin Thunderbolt Station's reservation phase ended, with cumulative deposit reservations exceeding $900 million, approximately 1.5 times Pump.fun's fundraising amount.

The Bitcoin Thunderbolt Station is used to maintain mainnet security and provide mainnet revenue distribution for holding institutions and qualified users. As of today, the station's reservation phase has been fully completed. Multiple institutions, family offices, and investment firms participated in deposit reservations by paying with BTC, USD1, and Taproot inscription assets such as BRC-20 and Runes, marking the first large-scale use of native Bitcoin assets for mainnet infrastructure participation scenarios.

The station's second phase will open this week. Qualified institutions and users can start the station and maximize mainnet revenue by depositing BTC or USD1 using tsUSD quota.

The Bitcoin Thunderbolt, led by early Bitcoin core developers and the Nubit team, is currently the only protocol on the Bitcoin mainnet supporting native acceleration and stablecoin settlement. Within two months of launch, it has processed over 4 million on-chain transactions and exceeded 267,000 unique users. Previously, Trump's crypto project WLFI had integrated its stablecoin USD1 into the Lightning Network, becoming one of the first native settlement assets.

According to previous information from April 15, HSBC disclosed that the Bitcoin Thunderbolt Network has introduced UTXO Bundling and OP_CAT instructions through a mainnet soft fork, supporting native asset issuance and high-frequency transaction verification, with on-chain processing efficiency improved 1000-2000 times compared to the Bitcoin mainchain.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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