Recently, the emergence of numerous L2 projects in the BTC ecosystem has raised questions among many investors. However, the performance of Bitlayer has forced a reevaluation of this field.

The latest data shows that the total locked value (TVL) of the Bitlayer mainnet has exceeded $457 million, a figure that even surpasses the total funds of some well-known public chains. Even more noteworthy is that the total amount of BTC on the platform is approaching 30,000 coins, demonstrating excellent bridging efficiency and security performance. At the same time, the number of wallet interaction addresses on the platform is also steadily increasing, indicating that its activity is not a result of artificial manipulation.

The upcoming third phase of the Bitlayer mission is also worth paying attention to. This event is specifically designed for Bitlayer Keyless Wallet users, and participants can earn task points and potential airdrop rewards through methods such as bridging BTC to mint YBTC.B, performing swap operations on Bitzap, and verifying NFTs. It is worth noting that this round of the event will end on August 14th UTC, and the time window is relatively short.

Looking back at the development trajectory of Arbitrum in 2021, we can find some similarities. At that time, early users of Arbitrum not only received the initial airdrop but also benefited multiple times from the subsequent ecological development. Therefore, for emerging platforms like Bitlayer, a rational approach may be to actively participate rather than sit back and wait.

Of course, any investment decision requires careful consideration. In today's rapidly developing BTC ecosystem, opportunities and risks coexist. Investors should comprehensively understand the project's background, technical strength, and development prospects, rather than blindly following or easily dismissing. Whether it is Bitlayer or other emerging projects, we need to maintain an objective and rational attitude, weighing the pros and cons before making a decision.