Zeus Network Validates First Bitcoin Transaction on Solana, Or Did They?

Zeus Network, a Bitcoin-Solana communication layer, has achieved a critical milestone in its roadmap. On December 12, Zeus Network claimed to have successfully validated the first Bitcoin transactions on the Solana network, heralding a new era of cross-chain liquidity between the two ecosystems.

While Zeus Network’s achievement is undoubtedly a great step forward toward the platform’s long-term goals, competitors in the sector were quick to point out that Zeus Network didn’t quite pioneer Bitcoin transactions on Solana.

What Happened?

Zeus Network aims to facilitate seamless liquidity flows being Bitcoin, crypto’s largest asset, and Solana, the industry’s most performant network. The protocol has made significant progress towards this goal, validating its first Bitcoin transactions on the Solana blockchain through its native infrastructure.

Harnessing its comprehensive tech stack, Zeus Network was able to create the Bitcoin blockchain on Solana, deposit and lock a reserve of BTC, and successfully peg the first ZPL (Zeus Program Library) asset on Solana.

According to Zeus Network, this achievement signals the beginning of a greater permissionless flow of liquidity into Solana. 

In time, this could be expanded to include other UTXO-based assets, like Dogecoin ($DOGE) and Litecoin ($LTC), and open the door to a more composable range of dApps.

Atomiq Labs Congratulates Zeus Network

While the Solana community lauded Zeus Network for its achievement, other teams building in the Bitcoin-Solana sector wasted no time reminding the protocol that this ground has been broken before.

Atomiq Labs co-founder Sylvie graciously congratulated Zeus Network on its latest development but remarked that Atomiq Labs has been validating Bitcoin transactions on Solana for over a year.

Leveraging atomic swaps, Atomiq Labs is a cross-chain decentralized exchange enabling users to instantly swap between native $BTC and Solana-based $SOL and $USDC.

What’s Next for Zeus Network?

With Bitcoin transactions successfully validated on Solana through Zeus Network’s infrastructure, the team now turns its attention to expanding the product. Aiming to bring over 1% of Bitcoin’s liquidity to Solana, Zeus Network’s infrastructure is expected to manage 2,250 $BTC by mid-2025.

Additionally, Zeus Network anticipates open-sourcing the Zeus Program Library in Q1 2025, empowering a wider pool of ecosystem developers to build upon the protocols tech.

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