比特幣（BTC）正在發展超出“數字黃金”標籤的範圍。

這種轉變是由比特幣Defi（BTCFI）的出現驅動的，該比特幣Defi（BTCFI）旨在將其實用程序從僅僅是價值存儲到更多

Bitcoin (BTC) is evolving beyond the "digital gold" label as the emergence of Bitcoin DeFi (BTCfi) expands its utility from a store of value to a more dynamic financial asset, CoreChain reports.

Corechain報導，隨著比特幣Defi（BTCFI）的出現，比特幣（BTC）的發展範圍超出了“數字黃金”標籤。

By 2024, Bitcoin is set to become a natively yield-generating asset, serving as the foundation for decentralized finance ecosystems similar to those on Ethereum. Innovations emerging on Bitcoin sidechains in 2025 may further ignite this transformation.

到2024年，比特幣將成為一種本地產生的資產，成為與以太坊上類似的分散金融生態系統的基礎。 2025年對比特幣側衛因技術的創新可能會進一步激發這種轉變。

Historically, efforts to leverage Bitcoin as a productive asset required significant modifications to its base layer, a strategy that often backfired. The architecture of Bitcoin's layer 1 prioritizes stability and security over flexibility, leaving many an investor content to simply "hodl." This has resulted in Bitcoin being underused both as a network and an asset.

從歷史上看，利用比特幣作為生產資產的努力需要對其基層進行重大修改，這一策略通常適得其反。比特幣第1層的體系結構優先考慮穩定性和安全性而不是靈活性，從而使許多投資者內容簡單地“ hodl”。這導致比特幣作為網絡和資產都不足。

However, the rise of Bitcoin sidechains presents a viable solution, allowing for the expansion of Bitcoin's capabilities without compromising the integrity of its foundational layer. These sidechains are poised to act as powerful catalysts for BTCfi's growth, especially as Bitcoin surpasses the $100,000 mark, representing over 60% of the total cryptocurrency market share, and navigates a newly favorable regulatory environment under a government more amenable to crypto.

但是，比特幣Sidechains的興起提出了一個可行的解決方案，可以擴大比特幣能力，而不會損害其基礎層的完整性。這些邊緣人有望充當BTCFI增長的強大催化劑，尤其是當比特幣超過100,000美元時，佔加密貨幣市場總份額的60％以上，並在政府在政府中更容易發生的監管環境中涉足更為有利的監管環境。

"We can see in the early days of Bitcoin, there was an awareness of the need for secondary layers of payment to handle the increased transaction volume and broader use cases that Bitcoin could facilitate," noted Hal Finney, in one of his blog posts from 2010. For years, the broader blockchain ecosystem has neglected this urgency, focusing on innovations that often sidelined Bitcoin.

哈爾·芬尼（Hal Finney）在2010年的一個博客文章中指出：“在比特幣的早期，人們就意識到需要進行次要付款來處理增加比特幣可以促進的交易量和更廣泛的用例。”

Now, advancements previously associated mainly with Ethereum are increasingly being adapted for Bitcoin. Sidechains, rollups, and other scaling solutions now offer Bitcoin holders options that mirror Ethereum's dynamic utility while staying true to Bitcoin's integrity.

現在，以前主要與以太坊相關的進步越來越多地適應比特幣。現在，Sidechains，croulups和其他規模解決方案提供了比特幣持有者的選項，可以反映以太坊的動態實用程序，同時忠於比特幣的完整性。

Despite the tremendous potential ahead, Bitcoin's DeFi landscape is still in its infancy. As of November, only 0.8% of Bitcoin's circulating supply is involved in DeFi initiatives, indicating vast untapped capacity.

儘管有巨大的潛力，但比特幣的Defi景觀仍處於起步階段。截至11月，比特幣循環供應中只有0.8％涉及Defi計劃，表明尚未開發的容量。

Out of Bitcoin's estimated $2 trillion market cap, less than $7 billion is tied to BTCfi Total Value Locked (TVL). While this statistic may seem small, it highlights the significant opportunities for growth, especially with a sevenfold increase in Bitcoin layer two infrastructure since 2021.

在比特幣估計的2萬億美元市值中，不到70億美元與BTCFI總價值鎖定（TVL）相關。儘管該統計數據看起來很小，但它突出了增長的巨大機會，尤其是自2021年以來，比特幣第二層基礎設施增加了七倍。

As BTCfi's TVL surged by 2,000% throughout 2024, largely fueled by rising Bitcoin prices and adoption trends, it brought a new influx of liquidity into the Bitcoin ecosystem. This growth also carves out notable market potential. Galaxy Digital forecasts that, even with conservative growth, the BTCfi sector could reach a total addressable market of between $44 billion and $47 billion by 2030.

隨著BTCFI在2024年的TVL飆升了2,000％，這在很大程度上是由於比特幣價格和採用趨勢的上漲所致，因此它將新的流動性湧入到了比特幣生態系統中。這種增長還闡明了著名的市場潛力。 Galaxy數字預測，即使保守增長，BTCFI部門到2030年的總可尋址市場也可以達到440億至470億美元。

Venture capitalists are also beginning to recognize the promise of Bitcoin sidechains, with investments exceeding $447 million. Roughly $174 million of that total was funneled into projects in just the third quarter of 2024, laying the groundwork for even more substantial growth in the upcoming year.

風險投資家也開始認識到比特幣Sidechains的承諾，投資超過4.47億美元。在2024年的第三季度，大約有1.74億美元的總數投入了項目，為即將到來的一年增長了基礎。

As Bitcoin-centric solutions create more opportunities for productive asset use, Bitcoin holders will no longer need to depend on third-party intermediaries or non-Bitcoin frameworks. This shift will enable holders to maximize their assets' utility without compromising their principles. Enhanced yield-bearing Bitcoin derivatives on these aligned sidechains will introduce self-custody solutions, a stark improvement over Ethereum-native options like Wrapped Bitcoin (WBTC).

隨著以比特幣為中心的解決方案創造了更多的生產資產使用機會，比特幣持有人將不再需要依靠第三方中介機構或非比特幣框架。這種轉變將使持有人能夠最大程度地提高其資產的效用，而不會損害其原則。這些對齊的側鏈上增強了攜帶的比特幣衍生物將引入自我顧客解決方案，這是對以太坊的本地選項（如包裝比特幣（WBTC））的明顯改進。

Bitcoin's journey with BTCfi has the potential to escalate far beyond its current state, positioning it alongside or even ahead of traditional DeFi platforms. Dedicated efforts focusing on product-market alignment for Bitcoin holders through Bitcoin-native platforms could create a positive feedback loop that significantly boosts Bitcoin adoption.

比特幣與BTCFI的旅程有可能升級到遠遠超出其當前狀態，將其定位在傳統的Defi平台並列。通過比特幣本地平台專注於比特幣持有人的產品市場對齊方式的專門努力可能會創造一個積極的反饋循環，從而大大提高了比特幣的採用。

While institutional narratives dominated 2024, the focus is turning to the on-chain initiatives that promise to enhance Bitcoin's performance and utility. The time has come for these foundational changes to solidify Bitcoin's position not only as a store of wealth but also as a comprehensive financial tool well-suited for the digital age.

儘管機構敘事統治了2024年，但重點是將鏈接計劃旨在提高比特幣的性能和實用性。這些基本變化的時機是鞏固比特幣的地位，不僅是財富存儲的位置，而且還可以作為一種非常適合數字時代的全面財務工具。

This analysis is the opinion of Brendon Sedo, initial contributor at Core DAO, and aims to provide insights into the evolving landscape of Bitcoin and its potential future in decentralized finance, and does not constitute any form of investment advice.

該分析是Core Dao的初始貢獻者Brendon Sedo的意見，旨在提供有關比特幣不斷發展的景觀及其在分散財務中的潛在未來的見解，並且不構成任何形式的投資建議。