Not long ago, the Bitcoin ecosystem was hot. The explosion of first-layer assets such as Inscriptions drove the crazy growth of the entire market. Many investors received incredible returns through these projects, and myths of wealth creation emerged one after another. For example, Ordinal made Bitcoin NFT a reality, and many early participants received thousands of times the return. BRC-20 standard tokens such as ORDI and Sats made the market boil, and these tokens created 10,000 times the return in just a few weeks. But as the market cooled down and the market was turbulent, the activities on the Bitcoin chain decreased sharply, the wealth effect weakened, and the ecosystem was gradually forgotten by the world.
Really cool? No, the truth is quite different from what you think!
When some people say that the Bitcoin ecosystem is dead, you may have overlooked some emerging forces in the market. In fact, a number of high-quality new projects are emerging in the Bitcoin ecosystem. These projects are not only highly innovative in technology, but also have strong market performance or great potential.
1. Inscriptions ($SATS, $PIZZA) gradually gain momentum with the empowerment of Unisat
First, Sats ($SATS) , with the continuous empowerment of Unisat, has successfully broken away from the influence of the macro economy and continued to pull the market. Unisat's new inscription second-layer chain and cross-chain bridge make $SATS the first choice for micropayments in the Bitcoin network, further enhancing its market performance. At the same time, the inscription asset $PIZZA issued by Unisat also performed strongly, with a sharp increase in trading volume. It can be said that the "Unisat ecosystem" is gradually gaining momentum.
2. TNA ($BN): Kucoin GemPool Pioneer
Secondly, TNA ($BN) has just become the first project of KuCoin Gempool. Gempool is an important product of Kucoin benchmarking Binance Launchpool. The screening standards for projects are naturally extremely high. As the first selected project, TNA's quality is self-evident. The TNA project has been steadily advancing since this year. It has made innovative DA solutions at the technical level, introduced new cross-chain interoperability standards, and improved network security and scalability. As the first domain name protocol DA solution in the Bitcoin ecosystem, benchmarking ENS, we can foresee its great future potential and its leading position in the ecosystem. However, from its latest IDO activities, we can see that the current valuation is 25 million US dollars, which is more than 72 times the growth space compared to ENS's market value of nearly 1.8 billion US dollars (FDV). It is indeed one of the high-quality targets that can be expected in this round of Bitcoin ecological development.
3. Bitcoin infrastructure star is ready to take off
In addition, there are several projects worth paying attention to. As a decentralized trading platform, UXUY focuses on cross-chain interoperability. The UXUY token has performed well after its launch and attracted a large number of users. Babylon is a Layer 1 project that focuses on the pledge of Bitcoin assets and introduces the PoS mechanism. Through an innovative governance mechanism, it provides more profit opportunities for Bitcoin holders. As a giant project invested by the old institution Paradigm, the market has expressed high expectations for its token issuance. Bitlayer is a special Layer 2 project based on BitVM, focusing on improving the scalability and efficiency of the Bitcoin network. It has high financing quality and has promoted a large number of on-chain activities through multiple activities.
Conclusion
The Bitcoin ecosystem is not completely dead. On the contrary, it is brewing the next wave of huge wealth opportunities. These emerging projects demonstrate the infinite possibilities of the Bitcoin network. Whether it is technological innovation or market performance, they are proving that the Bitcoin ecosystem is still full of vitality. With many projects to be announced in September this year and the expectation of interest rate cuts, the Bitcoin ecosystem will usher in a new round of bull market. If you are still waiting and watching, you might as well re-examine these opportunities. They may be the key to your new peak of wealth.
