Alpen don launch Public Testnet for Bitcoin Financial Apps
Alpen Labs don launch dia public testnet wey mark big step toward full on-chain Bitcoin finance system. Dis testnet go make developers fit build and try app dem for trading, borrowing, earning and issuing stablecoins wey Bitcoin secure. E get key features like EVM compatibility—wey allow Ethereum developers use dia normal tools—and zk-rollup architecture for faster and cheaper transactions, plus e dey inherit Bitcoin security. Dem team up with Liquity people, Alpen go issue Bitcoin Dollar (BTD), na BTC-backed dollar stablecoin wey fit allow users borrow against dia Bitcoin. With backing from investors like Ribbit Capital and Castle Island Ventures, plus endorsement from Nic Carter, Alpen public testnet dey pave way for mainnet launch wey fit change Bitcoin finance by cutting middle men and expand BTC use cases.
Bullish
Di launch of Alpen public testnet dey good for crypto market because e dey bring programmable finance straight into Bitcoin. E go enable trading, borrowing, earning and stablecoins for Bitcoin-secured network, Alpen go open new demand for BTC collateral and attract developers because of EVM compatibility. Just like how Ethereum DeFi ecosystem push ETH adoption and value, Bitcoin finance apps fit boost transaction volume and on-chain activity. For short term, optimism around mainnet launch fit encourage BTC buying; for long term, strong Bitcoin DeFi layer fit make Bitcoin market position stronger and make use cases more diverse than just store-of-value.