Solana News Today: Binance Allocates 30M BTR to Drive DeFi Growth via Bitlayer Program: 90-Day 10.45% Gain

Binance has unveiled the Bitlayer Booster Program, a strategic initiative allocating 30 million BTR tokens—comprising 3% of Bitlayer’s total supply—to incentivize user participation. The first phase, announced on July 24, 2025, distributes 5.7 million BTR tokens to users holding at least 61 Binance Alpha Points, a metric linked to platform activity [1]. The program aims to accelerate adoption of Bitlayer’s blockchain ecosystem by rewarding engagement through airdrops and campaigns, leveraging Bitcoin’s Layer 2 infrastructure via BitVM technology to enhance decentralized finance (DeFi) capabilities [3].

The initiative mirrors Binance’s prior Pre-Token Generation Event (Pre-TGE) campaigns, which historically boosted user engagement and trading volumes for new tokens. By targeting high-activity users with Alpha Points, Binance seeks to deepen participation among its existing user base while fostering liquidity in the DeFi sector [2]. The 30-million-BTR allocation spans multiple phases, with the first tranche distributed via the Binance Wallet. Subsequent phases will expand the reward pool, creating sustained incentives for ecosystem growth [1].

Market data indicates BTR’s current price at $0.04, with a market cap of $4.99 million and a 24-hour trading volume of $860,319.21. Despite a 1.79% decline in 24-hour price and a 6.93% drop in trading volume post-announcement, the token has gained 10.45% over 90 days, reflecting gradual interest in Bitcoin-based smart contract platforms [5]. Analysts note that while airdrop campaigns often drive short-term liquidity spikes—similar to Arbitrum’s success—long-term value retention depends on sustained utility and user engagement [4].

Binance’s focus on Layer 2 integration aligns with broader industry trends of scaling blockchain infrastructure. By rewarding users for ecosystem usage, the company positions Bitlayer as a competitive solution for developers and traders seeking scalable DeFi options. However, the absence of immediate public listings for BTR tokens underscores reliance on future token generation events (TGE) to unlock liquidity [3].

Community sentiment remains cautiously optimistic. Active discussions on Binance platforms highlight enthusiasm for the incentives, though regulatory and institutional endorsements remain absent. The program’s emphasis on Alpha Points suggests a strategy to reward active users, potentially amplifying organic adoption without external marketing.

The Bitlayer Booster Program represents Binance’s continued commitment to expanding Bitcoin’s utility through DeFi. By allocating a significant portion of Bitlayer’s supply upfront, the company aims to catalyze network participation, mirroring successful models in Ethereum-based rollups. Observers will monitor whether the 30-million-BTR distribution achieves its goals, balancing immediate engagement with long-term ecosystem sustainability.

Source:

[1] [Solana News Today: Binance Launches Bitlayer Booster](https://www.ainvest.com/news/solana-news-today-binance-launches-bitlayer-booster-30m-btr-airdrop-3-supply-drives-defi-2-13-24h-gain-2507/)

[2] [Binance Launches Beta Web Wallet for BSC and Solana](https://www.ainvest.com/news/solana-news-today-binance-launches-beta-web-wallet-bsc-solana-5-7m-btr-airdrop-2507/)

[3] [Latest BTRPreTGE News](https://www.binance.com/en/square/hashtag/BTRPreTGE)

[4] [Binance Launches Bitlayer Booster Event](https://coincu.com/airdrop/binance-launches-bitlayer-booster-event/)

[5] [CoinMarketCap Data](https://coinmarketcap.com/)