On March 2nd, it was announced that the Bitcoin Layer2 project SatoshiVM will launch its Alpha mainnet on March 15th. This stage will introduce a series of features, including SAVM staking, token cross-chain bridge, 30-second token deployment, and low-cost trading of BRC20 tokens.

According to official sources on February 2nd, SatoshiVM has now been integrated with the OKX Web3 wallet. Users can use the OKX Web3 wallet to conduct cross-chain asset transfers between Bitcoin Testnet and SatoshiVM Testnet, as well as Ethereum SepoliaSatoshiVM Testnet. SatoshiVM is a Bitcoin ZK Rollup Layer 2 solution that uses EVM for off-chain calculations. Users can interact with SatoshiVM in a similar way to interacting with Ethereum, and developers can build on SatoshiVM just like they would on Ethereum. OKX Web3 wallet is a leading one-stop Web3 gateway that supports 85+ public chains, with unified App, plugin, and web interfaces covering wallet, DEX, DeFi, NFT markets, DApp exploration in 5 major areas, and support for Ordinals markets, MPC and AA smart contract wallets, gas exchange, and hardware wallet connections.

SatoshiVM's SAVM token has caused controversy in the crypto community due to a small number of wallets holding a significant portion of the initial token supply, which was quickly sold after launch. The protocol claims to be a Bitcoin layer 2 powered by zero-knowledge rollup technology, allowing for settlement without sharing extra data with network validators. Despite the controversy, SAVM tokens have remained popular among retail traders, with prices ranging between $7 and $14 since its launch on January 19th. The SatoshiVM team has yet to respond to accusations, but will hold a community ask-me-anything session on Thursday.

Market data shows that SatoshiVM (SAVM) has a short-term breakthrough of $15 and is now priced at $14.99, with a rise of over 52% in the past 6 hours.