SOLV (Solv Protocol) rose 10.03% in the last 24 hours.

Gate News Bot news, on October 31, according to CoinMarketCap data, SOLV (Solv Protocol) is currently priced at 0.02 USD, with a rise of 10.03% in the last 24 hours, reaching a high of 0.02 USD and a low of 0.02 USD. The current market capitalization is approximately 292,000 USD, an increase of 26,600 USD compared to yesterday.

Solv Protocol is a protocol positioned as the “operating layer of Bitcoin,” aimed at connecting Bitcoin to capital operations. It offers a borderless Bitcoin economic system, including core products such as solvbtc (universal Bitcoin), xsolvbtc (capital fuel), and BTC+ (distribution center). Solv emphasizes transparency, providing 24/7 asset support, weekly reserve proofs, and monthly custodian proofs. The protocol complies with MiCA standards and Islamic law principles, dedicated to building a unified, borderless financial system.

Important news about SOLV recently:

1️⃣ Strategic cooperation with Jiuzi New Energy The SOLV Foundation has officially signed a strategic cooperation agreement with the US-listed company Jiuzi New Energy (JZXN.US). This cooperation aims to deepen the efficient use of Bitcoin assets and is expected to bring more application scenarios and resource support for SOLV.

2️⃣ The total asset management scale has exceeded 2.8 billion USD As a cross-chain Bitcoin staking and structured finance platform, the total locked value currently managed by the SOLV Foundation has reached 2.8 billion USD. This scale reflects the important position of SOLV in the Bitcoin ecosystem and lays a solid foundation for its future development.

3️⃣ Improved Efficiency of Bitcoin Asset Utilization Through cooperation with Jiuzhi New Energy, SOLV is expected to further improve the efficiency of Bitcoin asset utilization. This may attract more investors and institutions to participate in the SOLV ecosystem, driving the rise in its token value.

From a technical perspective, the price of SOLV has risen by 10.03% within 24 hours, indicating strong upward momentum. At the same time, the rise in market capitalization also reflects the market's positive expectations for the future development of SOLV. However, investors still need to pay attention to the volatility risks of the overall cryptocurrency market.

This message is not intended as investment advice; investors should be aware of market volatility risks.