Data: The first AVS network in the Bitcoin ecosystem, Pell Network TVL, has broken through 170 million US dollars

According to official news, the Bitcoin ecosystem's first Active Verification Service (AVS) network built on a re-pledging protocol, Pell Network TVL, has broken through $170 million. Pell has been deployed on BNB Chain, Bitlayer, Merlin Chain, and BounceBit with over 16,000 users participating in staking.

To accelerate the construction of the entire AVS ecosystem loop, Pell has also partnered with Edgevana, a leading node operation service platform in the industry.