Bitlayer
BTR#1112 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Bitlayer is for a platform other apps build on. We have not written its record yet, so its promises are not checked. It trades at $0.05, #1051 of all coins by size, 79% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. +13% to match its rivals. 1 reason to be careful.
Is it real?
Reasons to be careful:Half the supply still to come
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3 of 4
- ✓A real-world jobReal-world purpose: a platform other apps build on
- ✓Real backingBacking: trades on Kraken, KuCoin
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $13.09M, 37 times smaller than Stacks, the biggest coin within reach doing the same thing (Bitcoin Sidechains)
Listed on 2 big exchanges
- Origin14 February 2026about about 7 monthsbitlayer.org, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorListed on Kraken, KuCoin
- Standing on the recordNo recordNo dated promise to judge yet3 headlines last monthNo corrections needed so far
To be worth what the typical coin in Bitcoin Sidechains is worth ($14.74M), its price would need to rise 13%, to about $0.0563. To match the leader, Stacks, 3606%.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Only 3 headlines named it last month
- Years younger than the group's leader
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A platform other apps build on
453 coins tagged Smart Contract Platform, worth $724.87B together. #266 of 453 by worth.
Bitcoin Sidechains: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Bitlayer$13.09Mthis coin−0.9%26% outno record
Stacks$485.18M37.1× bigger, +$472.09M−2.4%, gap −1.5no max0 of 5 delivered
Fractal Bitcoin$36.51M2.8× bigger, +$23.42M−0.1%, gap +0.853% outno record
Merlin Chain$30.87M2.4× bigger, +$17.78M−5.3%, gap −4.466% outno record
Core$28.37M2.2× bigger, +$15.28M−0.9%, gap +0.071% outno record
BOB (Build on Bitcoin)$14.74M1.1× bigger, +$1.65M+0.2%, gap +1.133% outno record
Elastos$6.98M1.9× smaller, −$6.11M−0.8%, gap +0.182% outno record
Coinweb$3.48M3.8× smaller, −$9.61M−1.5%, gap −0.789% outno record
Bitcoin Sidechains: this coin next to Stacks, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Bitlayer says
- Bitlayer is pioneering the first BitVM implementation.
- Stacks says
- Stacks is additional software built on top of Bitcoin that lets people run programs and earn returns using Bitcoin, without changing how Bitcoin itself works.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Bitlayer is pioneering the first BitVM implementation. By merging unparalleled security with a lightning-fast smart contract engine, Bitlayer unlocks the full potential of Bitcoin DeFi.
Problem it says it solves: a platform other apps build on. 453 coins are working on it and together they are worth $724,873,563,923. This coin is 0% of that.
Where it trades: Kraken, KuCoin, Bithumb, PancakeSwap V3, Gate
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
1 reason to be careful
- Half the supply still to come74% of the maximum supply is still to come
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Bitcoin Sidechains: this coin next to the group's largest, Stacks.
| Bitlayer | Stacks | |
|---|---|---|
| Years trading | 7 months | 7 years |
| Major exchanges | 2 | 8 |
| Named backers | 0 | 1 |
| Headlines, last month | 3 | 69 |
| Promises delivered | no record | 0 of 5 |
What it says is different: Bitlayer is pioneering the first BitVM implementation. By merging unparalleled security with a lightning-fast smart contract engine, Bitlayer unlocks the full potential of Bitcoin DeFi.
It is 2.7% the size of Stacks. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $0.2372 on 14 February 2026. Today is 21% of that.
26%
of all BTR that will ever exist is already out in public hands: 261.6M coins.
74% (738.4M coins) is already created but not in public hands, held by the project or locked in escrow. That is a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Pays for every use of its network
Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.
- Every transaction on its network pays a fee in it
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 261.6M of 1B.
- 738.4Mcoins still to be released, 74% of the maximum. Releases can add selling pressure.
- 3.8×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $0.2372 on 14 February 2026. That is −78.9% from the top.
- #1051by market cap, $13,091,339.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $472.76K is locked in apps built on it right now
- Users paid $122.81K in fees to use it in the last 30 days
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
3 headlines named this coin in the last month.
What they were about
- Price1
- Bitlayer Price (BTR/USD) Today | Live Price, Market Cap & Chart
- 4 Low-Cap Crypto Gems as Bitlayer Soars 109% in a Day and Pons Climbs 241% This Week
- Crypto News Today August 27: Bitlayer Jumps 278% As Market Hits $2.76T
Headlines are the publishers' own. News is never placed next to price.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy