比特币（BTC）正在发展超出“数字黄金”标签的范围。

这种转变是由比特币Defi（BTCFI）的出现驱动的，该比特币Defi（BTCFI）旨在将其实用程序从仅仅是价值存储到更多

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报道，随着比特币Defi（BTCFI）的出现，比特币（BTC）的发展范围超出了“数字黄金”标签。

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，比特币将成为一种本地产生的资产，成为与以太坊上类似的分散金融生态系统的基础。 2025年对比特币侧卫因技术的创新可能会进一步激发这种转变。

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.

从历史上看，利用比特币作为生产资产的努力需要对其基层进行重大修改，这一策略通常适得其反。比特币第1层的体系结构优先考虑稳定性和安全性而不是灵活性，从而使许多投资者内容简单地“ hodl”。这导致比特币作为网络和资产都不足。

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，比特币Sidechains的兴起提出了一个可行的解决方案，可以扩大比特币能力，而不会损害其基础层的完整性。这些边缘人有望充当BTCFI增长的强大催化剂，尤其是当比特币超过100,000美元时，占加密货币市场总份额的60％以上，并在政府在政府中更容易发生的监管环境中涉足更为有利的监管环境。

"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.

哈尔·芬尼（Hal Finney）在2010年的一个博客文章中指出：“在比特币的早期，人们就意识到需要进行次要付款来处理增加比特币可以促进的交易量和更广泛的用例。”

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.

现在，以前主要与以太坊相关的进步越来越多地适应比特币。现在，Sidechains，croulups和其他规模解决方案提供了比特币持有者的选项，可以反映以太坊的动态实用程序，同时忠于比特币的完整性。

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.

尽管有巨大的潜力，但比特币的Defi景观仍处于起步阶段。截至11月，比特币循环供应中只有0.8％涉及Defi计划，表明尚未开发的容量。

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.

在比特币估计的2万亿美元市值中，不到70亿美元与BTCFI总价值锁定（TVL）相关。尽管该统计数据看起来很小，但它突出了增长的巨大机会，尤其是自2021年以来，比特币第二层基础设施增加了七倍。

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.

随着BTCFI在2024年的TVL飙升了2,000％，这在很大程度上是由于比特币价格和采用趋势的上涨所致，因此它将新的流动性涌入到了比特币生态系统中。这种增长还阐明了著名的市场潜力。 Galaxy数字预测，即使保守增长，BTCFI部门到2030年的总可寻址市场也可以达到440亿至470亿美元。

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.

风险投资家也开始认识到比特币Sidechains的承诺，投资超过4.47亿美元。在2024年的第三季度，大约有1.74亿美元的总数投入了项目，为即将到来的一年增长了基础。

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).

随着以比特币为中心的解决方案创造了更多的生产资产使用机会，比特币持有人将不再需要依靠第三方中介机构或非比特币框架。这种转变将使持有人能够最大程度地提高其资产的效用，而不会损害其原则。这些对齐的侧链上增强了携带的比特币衍生物将引入自我顾客解决方案，这是对以太坊的本地选项（如包装比特币（WBTC））的明显改进。

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.

比特币与BTCFI的旅程有可能升级到远远超出其当前状态，将其定位在传统的Defi平台并列。通过比特币本地平台专注于比特币持有人的产品市场对齐方式的专门努力可能会创造一个积极的反馈循环，从而大大提高了比特币的采用。

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.

尽管机构叙事统治了2024年，但重点是将链接计划旨在提高比特币的性能和实用性。这些基本变化的时机是巩固比特币的地位，不仅是财富存储的位置，而且还可以作为一种非常适合数字时代的全面财务工具。

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.

该分析是Core Dao的初始贡献者Brendon Sedo的意见，旨在提供有关比特币不断发展的景观及其在分散财务中的潜在未来的见解，并且不构成任何形式的投资建议。