Market
SatLayer CEO Luke Xie Talks Bitcoin Restaking and DeFi’s Future

Bitcoin has long been regarded as a store of value, often compared to digital gold. However, with the rapid advancements in decentralized finance (DeFi) and blockchain infrastructure, the demand for new ways to utilize Bitcoin beyond passive holding has surged.
SatLayer, a pioneering Bitcoin-based infrastructure provider, is at the forefront of this transformation. Through restaking and Bitcoin Validated Services (BVS), SatLayer aims to unlock new use cases for Bitcoin (BTC), ensuring its integration into the changing financial ecosystem. BeInCrypto spoke exclusively with SatLayer’s Co-Founder and CEO, Luke Xie, to explore how Bitcoin’s role expands and what the future holds for Bitcoin-based infrastructure.
Beyond a Store of Value: Bitcoin’s Next Evolution
According to Xie, Bitcoin has transitioned through multiple phases—from an experimental digital currency to a widely recognized store of value. Now, as the broader crypto ecosystem has evolved with smart contract capabilities, Bitcoin holders have sought new opportunities beyond simply holding their assets.
Xie highlights that Bitcoiners have observed Ethereum (ETH) and other chains, including Solana (SOL), offering staking and yield-generating opportunities. Meanwhile, Bitcoin itself has remained largely passive.
According to Xie, SatLayer’s mission is to change that by introducing restaking. In doing so, it enables Bitcoin holders to generate yield while securing decentralized applications (dApps).
“Naturally Bitcoiners, who’ve watched this innovation occur while they’ve been hodling hard, want a piece of that action: the yield, the use cases, the onchain opportunities. As we all know, the Bitcoin network was not built for that sort of stuff, but developers have painstakingly assembled the infrastructure for Bitcoin DeFi on Layer 2. The fees are low, the throughput is high, and the sort of primitives you’d hope to find – for trading, borrowing, and much more – are all in place,” Xie told BeInCrypto.
Bitcoin Validated Services (BVS): Enhancing Security and Utility
At the core of SatLayer’s vision is Bitcoin Validated Services (BVS). This concept allows dApps to be secured by restaked BTC. Unlike native tokens, which may lack liquidity and stability, Bitcoin’s unmatched value and liquidity make it the ideal asset for securing DeFi protocols.
BVS enables Bitcoin holders to collateralize their assets while simultaneously earning staking rewards. Xie explained how BVS enhances the security and utility of dApps.
“BVS describes any decentralized application or protocol that uses restaked BTC to secure its network. In real terms, this means that participants will use restaked BTC as collateral in return for having the right to validate network transactions. Because Bitcoin is valuable, this effectively eliminates the incentive for validators to act dishonestly,” Xie noted.

Any crypto asset, such as a native token, could serve as collateral for this purpose. However, it will be less liquid, valuable, and stable than BTC.
Restaking on Bitcoin: Unlocking Yield and Security
Further, Xie shared that SatLayer’s restaking mechanism is designed to be user-friendly and secure. By leveraging Wrapped Bitcoin (WBTC) or BTC Liquid Staking Tokens (LSTs), users can participate in restaking through the SatLayer platform, selecting protocols like Lombard, Lorenzo, or SolvBTC to restake with.
This process allows BTC holders to earn rewards while actively participating in securing emerging Bitcoin-based applications. The system mirrors the success of Ethereum-based restaking protocols like EigenLayer (EIGEN). It allows Bitcoin holders to contribute to network security without custodial risk.
Binance’s recent integration with Babylon, a major staking infrastructure provider, is a significant boost to this ecosystem. BeInCrypto reported that Binance has incorporated Babylon’s BTC staking solutions into its offerings. This marks a major step in legitimizing Bitcoin staking at scale.
This integration provides Bitcoin holders on Binance seamless access to staking and restaking services, further driving institutional and retail adoption. Likewise, with partnerships like Babylon, SatLayer enhances Bitcoin’s staking ecosystem.
“It’s a symbiotic relationship in which everyone benefits – Babylon, SatLayer, and most importantly Bitcoin holders,” he added.
By collaborating with Babylon, SatLayer strengthens Bitcoin’s DeFi presence. It creates a strong framework where BTC can be staked and restaked without compromising security. The synergy between these platforms accelerates Bitcoin’s growth from a passive store of value into an active financial instrument within the broader crypto economy.
Security and Future Innovations
Security remains a top priority for SatLayer. Xie emphasizes that rigorous audits and careful protocol design ensure that Bitcoin restaking maintains the security and decentralization that Bitcoin is known for.
Looking ahead, SatLayer plans to introduce AI-powered yield optimization. The firm also anticipates on-chain insurance backed by Bitcoin collateral and streamlined restaking services. Xie also sees Bitcoin infrastructure growing rapidly over the next five years.
“It’s still very early for restaking, so the obvious answer is a massive increase in TVL and the number of active users. It’s a self-fulfilling Simpsons nuclear power plant ‘days without incident’ narrative: the longer that Bitcoin restaking operates successfully, the greater the trust it will gain,” Xie concluded.
As Bitcoin grows, SatLayer’s innovations could be crucial in transforming the world’s most valuable cryptocurrency into a yield-generating asset. With Bitcoin’s infrastructure expanding, coupled with these developments, the pioneer crypto could go beyond its role as digital gold and transition into a fully integrated, yield-generating asset within the broader crypto economy.
Its dominance in the digital economy is poised to grow beyond being just a store of value.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
MELANIA Crashes to All-Time Low Amid Insiders Continued Sales

A wave of heavy sell-offs linked to the team behind the Melania meme coin (MELANIA) has raised fresh concerns about insider activity within the project.
These activities have contributed to the token’s value dropping to an all-time low, a staggering 97% down from its all-time high on Trump’s inauguration day back in January.
Heavy Insider Selling Sends MELANIA to Historic Low
On April 19, on-chain analyst EmberCN reported that wallets tied to the project offloaded nearly 3 million MELANIA tokens.
In return, the team received approximately 9,009 SOL, valued at around $1.2 million. The tokens were sold through unilateral liquidity provisions added to the MELANIA/SOL trading pair on Meteora.
This transaction is part of a broader pattern. In the past three days, the MELANIA team reportedly moved 7.64 million tokens, worth about $3.21 million, from both liquidity and community wallets.
The team systematically added these tokens to the same liquidity pool and sold them for SOL within a pre-defined price range. Out of the total, they sold 2.95 million tokens just hours before EmberCN’s disclosure.
“In the past 3 days, the $MELANIA project team has continued to transfer out 7.643 million $MELANIA tokens ($3.21M) from liquidity and community addresses, then added them to MELANIA/SOL one-sided liquidity on Meteora, selling $MELANIA within a set range for SOL. Of which, 2.95 million $MELANIA tokens were sold 7 hours ago for 9,009 SOL,” EmberCN stated.
EmberCN further pointed out that the project’s team has sold over 23 million MELANIA tokens in the past month. The tokens were worth approximately $14.75 million.

These repeated sell-offs have added weight to concerns over internal dumping—suspicions that first emerged in March.
At the time, blockchain analytics firm Bubblemaps reported unusual movements of over $30 million in MELANIA tokens. Originally part of the community allocation, the tokens appeared to be gradually transferred to exchanges without explanation.
The firm linked these transactions to Hayden Davis, a co-founder of the meme coin. Davis previously worked on another controversial token, LIBRA, which briefly surged after Argentine President Javier Milei endorsed it, then quickly collapsed.
Bubblemaps also revealed that wallets tied to the MELANIA team control roughly 92% of the token’s total supply. Critics argue that this level of centralization raises red flags over potential market manipulation.
As a result of these concerns, MELANIA has seen its price collapse. After reaching a high of over $13 earlier this year, the token has dropped by over 96% to an all-time low of $0.38, according to data from BeInCrypto.

However, the steep decline reflects both internal turmoil and broader weakness in the meme coin sector. Investor appetite for high-risk tokens appears to be fading amid global uncertainty and a more cautious market sentiment
Disclaimer
All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Market
Charles Schwab Plans Spot Crypto Trading Rollout in 2026

Charles Schwab, one of the largest brokerage firms in the United States, is preparing to launch a spot cryptocurrency trading platform within the next year.
This marks a major move by one of the most trusted names in traditional finance and shows that demand for crypto investment options continues to climb.
Charles Schwab Eyes Crypto Expansion
During a recent earnings call, Schwab CEO Rick Wurster said the firm is optimistic about upcoming regulatory changes that could allow it to fully enter crypto trading.
“Our expectation is that with the changing regulatory environment, we are hopeful and likely to be able to launch direct spot crypto and our goal is to do that in the next 12 months and we’re on a great path to be able to do that,” Wurster explained.
This move would allow the company to offer direct access to spot crypto trading and place it in direct competition with major players like Coinbase and Binance.
While the company already offers crypto-related products such as Bitcoin futures and crypto ETFs, the addition of direct trading would significantly expand its crypto portfolio. According to the CEO, engagement on these products has grown rapidly in recent months.
Wurster revealed that visits to the firm’s crypto-focused content have surged 400%. Of that traffic, 70% came from users who are not yet customers, showing a growing appetite for digital asset investments.
Wurster’s confidence in crypto aligns with the Trump administration’s efforts to introduce a clearer regulatory framework for digital assets. Compared to past years, progress on crypto legislation and oversight has accelerated, especially among key regulatory bodies like the SEC.
If these improvements continue, Schwab could debut its spot crypto trading platform before mid-2026. The firm believes its reputation in traditional finance gives it a strategic advantage in expanding into the crypto space.
Meanwhile, Schwab is already dipping its toes into the sector through its role as custodian for Truth.Fi, an upcoming digital investment platform launched by Trump Media and Technology Group. Truth.Fi plans to offer a mix of Bitcoin, separately managed accounts, and other crypto-linked products.
Indeed, Schwab’s potential entry into the sector has drawn attention from other industry leaders. Asset management firm Bitwise CEO Hunter Horsley described the brokerage firm’s move as a milestone in crypto’s transition to mainstream finance.
Rachael Horwitz, Chief Marketing Officer at Haun Ventures, echoed that sentiment and encouraged Schwab to consider crypto-collateralized lending as a future offering.
“Schwab should implement crypto-collateralized lending as part of its banking services next,” Horwitz said.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says

A long-time supporter of XRP who is not afraid to speak his mind has issued stunning predictions concerning the future value of the cryptocurrency. His assertions have both interested and confused investors.
Investor Forecasts 50-Fold Return On XRP
As per the Alpha Lions Academy founder Edoardo Farina, an investment of $1,000 in XRP today can increase to more than $50,000 in the future. The estimate is based on the altcoin crossing Farina’s desired price target of $100 per token, from its current value of around $2.
“Buying $1,000 worth right now is really buying over $50,000 in the future when $XRP hits $100+”, Farina tweeted recently.
Farina previously revealed he will not sell any of his XRP holdings until the price reaches at least $100 per token. He terms the coin as sitting at the hub of what he refers to as a “multi-generational pump” and points out its potential function within the international finance system.
XRP @ $2
Buying $1,000 worth right now is really buying over $50,000 in the future when $XRP hits $100+
50x return
— EDO FARINA 🅧 XRP (@edward_farina) April 18, 2025
Minimum Holdings Suggestion Sparks Skepticism
According to reports, Farina urges retail investors to own a minimum of 1,000 XRP tokens. He asserts that such an amount is the minimum one needs in order to take advantage of the use and greater adoption of XRP in the future.
Such opinions regarding the issue have been unequivocal. Farina has reportedly said that individuals who have fewer than 1,000 XRP tokens “don’t care enough about their financial success” and called possessing less than that amount “insanity.”
Though these comments represent Farina’s individual investment strategy, they echo a developing perception among XRP enthusiasts that the asset is undervalued and poised for strong growth if regulatory clarity increases and more businesses embrace it.
Doubters Challenge The Life-Changing Assertions
Not everyone shares Farina’s positive perspective. Doubters have raised issues with his assertion that $1,000 in XRP today may be worth $50,000 someday.
One critic pointed out that even if XRP hits $100 and converts $1,000 into $50,000, this may not be sufficient for early retirement. The remark points out that what appears to be a good return may not necessarily be the life-altering wealth many investors expect.
Questions also arise regarding if XRP will ever hit the $100 level, and if so, how long it would take to arrive there.
Price Target Timeline Indicates Long Way To Go
The journey to $100 looks long for XRP, which is currently trading at about $2. It would need a nearly 5,000% rise from where it is now to reach $100.
Featured image from Pexels, chart from TradingView
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