Bitcoin DeFi sees surge in mining participation despite drop in TVL

By: cryptosheadlines|2025/05/08 21:30:02
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Smart contract platform Rootstock, the home of decentralized finance (DeFi) on Bitcoin, saw a sharp increase in network security and mining engagement in the first quarter of 2025, even as activity cooled.Merged mining participation surged to an all-time high of 81%, up from 56.4% in Q4 2024, driven by the integration of major mining pools Foundry and SpiderPool, according to Messari’s first “State of Rootstock” report for 2025, shared with Cointelegraph.The heightened miner interest boosted Rootstock’s hash power to over 740 exahashes per second, surpassing the total Bitcoin network hashrate recorded in October 2024. As a result, the network is now considered to be in a “mature phase” of merged mining growth.The increased security coincided with a 60% reduction in transaction fees, improving user experience and positioning Rootstock more competitively within the Bitcoin layer-2 ecosystem.“As BTCFi continues to grow, Rootstock is well-positioned for broader adoption through core upgrades like a 60% reduction in transaction fees, alongside sustained investment in builder education and incentive programs,” Messari analyst Andrew Yang said.Rootstock overview for Q1 2025. Source: MessariRelated: Is this the end of Bitcoin DeFi?Rootstock’s DeFi TVL dropsDespite the mining milestone, Rootstock’s DeFi ecosystem experienced a decline in total value locked (TVL) during Q1 2025, with Bitcoin (BTC)-denominated TVL dropping 7.2% and US dollar-denominated TVL falling by 20% quarter-over-quarter to $179.9 million.Although TVL briefly peaked at $244.6 million in January during a Bitcoin price rally, it trended downward from March, reflecting broader market cooling.For perspective, Ethereum-based DeFi TVL also saw a sharp 27% decline in Q1, hit hard by macro uncertainty and the $1.4 billion Bybit exploit, according to a report by DappRadar.The stablecoin market on Rootstock also underwent notable changes. USDt (USDT) remained the leading stablecoin by value, holding $3.8 million and a 27.5% market share. However, its dominance fell significantly from 41.3% in Q4 2024.By the end of Q1, no single stablecoin commanded over 30% of Rootstock’s stablecoin market.Active addresses dropped by 26.5%, and new addresses plunged by 54.7%, although daily transactions rose slightly by 4.3%, reaching an average of 11,524 per day.Active addresses drop on Rootstock. Source: MessariRelated: Bitcoin yield demand booming as institutions seek liquidity — Solv CEORootstock sees progress on development frontOn the development front, the platform activated its Lovell 7.0.0 upgrade, enhancing Ethereum Virtual Machine (EVM) compatibility and smart contract performance.Rootstock also expanded its ecosystem through integrations with LayerZero and Meson Finance and launched developer-focused initiatives, including a new hackathon and enhancements to its governance platform, RootstockCollective.On May 1, Alexei Zamyatin, the co-founder of the Bitcoin layer 2 Build on Bitcoin, said that the first DeFi company to launch a user-friendly suite of products on Bitcoin would “win the entire market” of the blockchain’s 300 million users.Magazine: ZK-proofs unlock trillions in Bitcoin for DeFi — BitcoinOS and StarknetSource link

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From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official 

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LALIGA Match Report: Araujo seals 1–0 win as Barça tighten grip on top spot

In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

Barça controlled the game with 61% possession and a sharp 89% passing accuracy (460 passes). Rayo pushed back with intensity, earning 9 corners, but Barça's defense stayed solid. Yellow cards for Raphinha, Yamal, and Cubarsí highlighted the physical edge of the match. Second-half subs like Rashford and Olmo added fresh energy to help see out the result. Rayo remain 14th on 32 points.

WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

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