As the broader market consolidates, Bitcoin (BTC) remains one of the few leading assets that faced losses over the past month. Meanwhile, altcoins like Ethereum (ETH, up 20% month-on-month) are benefiting from the growing investor interest in creatively designed utility tokens.
Now, a project that seeks to turn Bitcoin into a platform for innovation is gaining recognition during its presale phase. Bitcoin Hyper (HYPER) is preparing to release a Bitcoin Layer 2 (L2) solution and introduce Bitcoin-linked DeFi opportunities to its holders.
As traders race to secure HYPER ahead of its ecosystem’s launch, the project is inching closer to $15 million raised. With whales stepping in to boost HYPER’s early momentum, analysts are already voicing bullish expectations for the innovative project.
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Bitcoin Hyper Seeks to Resolve Bitcoin’s Key Performance Issues
Since Bitcoin Hyper’s approach revolves around introducing DeFi to Bitcoin users, one of its main focuses is on improving BTC’s transaction speeds.
In its current state, Bitcoin’s network heavily emphasizes decentralization and security while neglecting scalability and speed. As a result, its mainnet can process around seven transactions per second (TPS), often with high fees during high-traffic hours.
Bitcoin Hyper’s upcoming Layer 2 solution acts as an express lane that integrates with Bitcoin’s existing infrastructure. Utilizing rollups, its implementation can significantly improve Bitcoin’s speed while simultaneously addressing its congestion issues.
That’s because it is being designed to take the burden off Bitcoin’s mainnet by bundling transactions and processing them off-chain. This could effectively boost Bitcoin’s TPS count into the thousands and notably cut its settlement time.
To make the vastly improved speeds available to BTC holders, Bitcoin Hyper’s developers are also releasing the project’s Canonical Bridge. Using it makes the transfer of BTC between its Layer 1 and Bitcoin Hyper’s Layer 2 a breeze.
The state of the Layer 2 is also periodically committed to Bitcoin’s mainnet, which provides an immutable audit trail. That means Bitcoin Hyper’s upgrade doesn’t sacrifice security for better performance, which could permanently transform how users see BTC.
Bitcoin Becomes Central to a DeFi-Oriented Ecosystem Once HYPER Debuts
Making Bitcoin suitable for microtransactions is only the first step of Bitcoin Hyper’s vision. The project aims to introduce microsecond-level execution by utilizing Solana Virtual Machine (SVM) technology.
With the SVM, a lack of scalable smart contracts and programmability will no longer be an issue for Bitcoin builders and users. As such, Bitcoin Hyper unlocks developer compatibility without reinventing the wheel, while allowing those building on Solana to effortlessly port their projects to the new L2.
This could result in a rapid emergence of various DeFi protocols, dApps, or meme coin projects – all linked to Bitcoin.
To access the upcoming ecosystem, users will need HYPER. As the project’s utility token, it will be required for gas fee payments, staking, and other actions. Since that makes it the key to unlocking Bitcoin’s full potential, HYPER is already attracting attention from major players.
Over the past four days alone, whales using ETH to buy HYPER have poured over $91,700 into the presale. On September 1st, one whale purchased $11,602 worth of HYPER, with another spending $11,248 the day after.
With whales stepping in, HYPER boasts an average of over $800,000 raised every week since its inception. As the video above shows, this bullish momentum has 99Bitcoins’ analysts excited about Bitcoin Hyper’s future as they anticipate 100x gains for the revolutionary project.
Here’s How to Purchase HYPER Under Its Listing Price
Since the Bitcoin Hyper presale follows a dynamic pricing model, HYPER’s per-token price is constantly increasing. Currently, it stands at $0.012855, but it’s on track to reach its listing price of $0.012975 soon.
With the next price increase scheduled for tomorrow, investors don’t have long to secure HYPER at a larger discount. Early supporters can use ETH, BNB, SOL, USDT, USDC, or fiat to purchase HYPER via the presale website.
Before Bitcoin Hyper delivers on its roadmap promises, project backers can also stake HYPER tokens to maximize their investment. The project’s dynamic staking APY currently stands at 79%, allowing investors to steadily grow their token balance over time.
Once the presale wraps up, Bitcoin Hyper will list on Uniswap, with potential parallel CEX listings according to the project’s whitepaper.
Targeting a global audience and bringing much-needed improvements to BTC, Bitcoin Hyper is setting the stage for an explosive debut. Those looking to seize the early gains it could provide should act now, as rising demand may see the presale end sooner than expected.
