$BTR Bitlayer Blasts Off: BTR Rockets Over 50% in Explosive Rally
What happened?
BTR, the novel of the Bitlayer ecosystem, a project that provides itself with providing secure and scalable decentralised applications (
#dapp ) Bitcoin have soared more than 50% over the past 24 hours.
Why does this matter?
#MarketRebound The cryptocurrency market is currently on a rebound and it is extremely importance to see that a project linked with Bitcoin is soaring. BTR's performance is highly relevant because the digital currency is following in the path of Bitcoin during its bullish days.
What are the drivers of the token's price?
Bitlayer is current benefitting from an ecosystem funding which saw about $29 million raised. This funding will play an invaluable role in accelerating the growth of Bitcoin L2s. Additionally, it will improve cross-chain integrations, and the project's growth. What's more, a token unlock of 345,610 BTR have also created short-term
#trader demand which explains why the token is soaring over the past few days.
Where will go from here?
#Tradersleague #BTR reached an ATH price of $0.2055 in August 2025. As of this publication, the token was trading for $0.05. Investor interest expressed in daily trading volume has been quite impressive with at least $1 million daily. Daily volume for this surge had surpassed $15 million.
Bitlayer can surpass its ATH and reach new price milestones if more partnerships, funding rounds, and token unlocks continue. This will confer long term demand for the digital asset and lead to its substantial growth in the future.