Internet reports that Coinbase's bitcoin-backed cbBTC will be introduced into the Solana chain in a bid to promote the development of its DeFi ecosystem. Since the collapse of FTX led to a lack of reliable Bitcoin tokens on Solana, the introduction of cbBTC is expected to fill this gap and enhance liquidity on the chain. Data shows that nearly $10 million of cbBTC is currently available for Solana DeFi. Industry insiders believe that the popularity of cbBTC may open up new growth opportunities for Solana DeFi.