Quick Facts:
1️⃣ Although $BTC has dropped from $105K from last week’s $124K record high, demand for the #1 crypto remains strong.
2️⃣ But there’s a slight hitch; The Bitcoin network on which $BTC is held is slow, expensive, and has limited capabilities compared to other chains (like Solana).
3️⃣ Bitcoin Hyper has nearly raised $24M on presale owing to being the native token of an upcoming Layer-2 (L2) solution.
4️⃣ The L2 aims to solve Bitcoin bottlenecks by making transactions faster and cheaper, plus introducing smart contract functionality.
Though $BTC is down at $105K compared to its $124K peak just ten days ago, it’s still the crown jewel of crypto.
But despite its dominance, the Bitcoin network itself was never designed for the modern demands of DeFi – particularly when it boils down to speed, scalability, and flexibility.
This is where Bitcoin Hyper ($HYPER) steps in – a Layer-2 (L2) scaling solution that has nearly raised $24M on presale to make Bitcoin speedier, cheaper, and dApp-ready.
Solana Block Times 1,200x Faster Than Bitcoin
Bitcoin’s throughput is much more limited than newer chains. Take Solana, for instance, it can process over 1.2K transactions per second (tps) in real time, while Bitcoin averages just 6–7 tps.
In fact, Bitcoin’s peak performance has only ever topped 7 tps, a far cry from Solana’s eye-boggling 65K tps.
Block times are yet another bottleneck. Solana confirms blocks in 0.4 seconds, whereas it takes Bitcoin up to 8 minutes – a tiresome 1,200x longer.
Right now, transaction fees on Bitcoin are somewhat pricey at $0.70. Well, at least compared to Solana’s super low $0.0028.
Unlike chains like Solana and Ethereum, Bitcoin also doesn’t have smart contract functionality. This means that users can’t access dApps, DeFi protocols, or the best meme coins on the base layer… for now.
Bitcoin Hyper to Bring Faster & Cheaper Transactions to Bitcoin
The L2 scaling solution Bitcoin Hyper is on a mission to make Bitcoin faster, cheaper, and DeFi-friendly.
After it goes live this quarter, it aims to bring Solana-level performance to the Bitcoin network by leveraging the Solana Virtual Machine (SVM). It’s what makes it possible for Solana to handle thousands of tps, after all.
A Canonical Bridge will also boost Bitcoin’s utility to greater heights. Because it’ll enable wrapped versions of $BTC to move freely between Bitcoin’s mainnet and the L2, the tokens will be able to be deployed in various Web3 ecosystems quickly and cheaply.
For the first time ever, Bitcoin will be able to unlock new cases and broader liquidity, all while retaining the network’s favored security.
Therefore, Bitcoin Hyper isn’t being built on speculation but one of the strongest foundations in existence.
$HYPER Investors Eye Possible 2,300%+ Gains
$HYPER Is behind the upcoming L2 network, designed to drive scalability, governance, and growth.
Token holders are granted lower gas fees, voting rights, and 49% APY staking rewards (that’s provided you lock up your tokens today).
A whopping 30% of its total token supply is dedicated to fund development, so you can rest assured that there’ll be continuous innovation, and thus likely token sustainability.
You can buy $HYPER on presale for as little as $0.013125, using either $ETH, $USDT, $USDC, or $BNB.
After the token’s listed on the top exchanges, our Bitcoin Hyper price prediction foresees $HYPER breaking $0.32 before 2026 kickstarts.
When taking the current price of $HYPER into account, now’s a great time to join for possible gains exceeding 2,300% in the near future.
Disclaimer: This isn’t financial advice. DYOR and never invest more than you’d be sad to lose.
Authored by Leah Waters, Bitcoinist – https://bitcoinist.com/bitcoin-hyper-presale-nears-24m
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