I keep watching Bitlayer from a slightly different angle: does the infrastructure become more useful as the ecosystem grows?
Bitlayer is building a Bitcoin Layer 2 with EVM compatibility, combining fast PoS-based execution with a rollup design that anchors state toward Bitcoin.
What stands out is the push toward BTCFi. YBTC is designed to bring Bitcoin liquidity into DeFi, while Chainlink CCIP has become Bitlayer's canonical cross-chain infrastructure.
The numbers are worth watching, too: Bitlayer reported almost $100M in YBTC-family TVL, 98M+ transactions and 10K+ monthly active users in March 2026.
But usage has to prove itself beyond incentives and campaigns. Bridge design, validator economics, security assumptions and sustained developer activity still deserve close attention.
For me, that's the real test of Bitlayer: can Bitcoin infrastructure become something people quietly depend on every day?
$BTR is experiencing a sharp -75.6% retracement after a massive rally. The price is now hovering near the 0.0510 level.
EP 0.049 - 0.051
TP 0.058 0.065 0.075
SL 0.044
The MACD is showing bearish momentum with the DIF below the DEA. However, the oversold conditions could attract buyers looking for a bounce. A reclaim of 0.0550 would signal a potential recovery.