The Avalanche Bridge, launched last August, has facilitated over $50B in transfers between Avalanche and Ethereum. Today, the Ava Labs team has added support for the Bitcoin network. Users are now able to transfer Bitcoin to Avalanche C-Chain with in a cheap, seamless manner without having to go through Ethereum. We plan to enable wide adoption of BTC.b across the Avalanche and other ecosystems.
Full press release: https://medium.com/avalancheavax/avalanche-bridge-adds-native-bitcoin-support-6306236fb506
Support articles: https://support.avax.network/en/articles/6081464-core-extension-how-do-i-bridge-bitcoin-btc
Avalanche Bridged BTC (Avalanche) Price Analysis
As of May 13 2025 Avalanche Bridged BTC (Avalanche) has a marketcap of $520,628,768.00.
This is {{percentagefromath}} from its all time high of $108,820.00.
In terms of its tokenomics, there's a total supply of 5,066.652 with 100% currently outstanding.
Keep in mind Avalanche Bridged BTC (Avalanche) has a fully diluted value of $520,628,768.00 which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
