Dhray Posted August 9 Posted August 9 Ethereum’s breakout past $4,180 is dominating headlines, while Bitcoin’s steady hold over $117K reinforces bullish forecasts toward $150K+. But beneath the big-cap spotlight, YALA’s BingX debut saw a rally from $0.16 to $0.45 before cooling to $0.31. Its core utility minting a BTC-backed stablecoin ($YU) to unlock yield across DeFi and real-world assets offers a pathway for Bitcoin to participate in capital-efficient ecosystems without liquidation risk. If this cycle is about making assets productive, YALA could be positioning itself as the infrastructure for BTC’s yield era. Could this be the project that finally puts Bitcoin to work in DeFi without giving it up?
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