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Posted: 2025-05-07 08:19:30 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-07 08:19:45 UTC
Verified By
Rollup News
This article provides an update on new Bitcoin use cases as of May 2025, focusing on Ordinals, fungible tokens/memecoins, DeFi, gaming, and stablecoins. It highlights the growth in DeFi, particularly in restaking and lending protocols, and expresses optimism for Bitcoin DeFi in the future.
Ordinals and NFTs on Bitcoin L1 are maintaining relevance despite lower prices and trading volumes.
Runes have become the leading fungible token protocol on Bitcoin L1, though valuations are down from their peak.
DeFi, especially asset-backed lending and restaking protocols, has experienced significant growth.
Gaming and stablecoins are emerging as potential new use cases for Bitcoin.
DeFi (re)staking and lending protocols have seen huge growth rates since May 2024.
Ordinals have experienced lower floor prices and decreasing trading volume.
Valuations and trading volumes for fungible tokens/memecoins are substantially lower than during peak times.
Stable coins are still in early stage.