Bitcoin Hyper's Layer 2 Presale Might Initiate BTC's Potential $150,000 Surge
In the rapidly evolving world of cryptocurrency, a new project named Bitcoin Hyper is making waves. This Layer 2 rollup, powered by Solana's Virtual Machine (SVM), aims to serve as an execution layer for Bitcoin, addressing one of the digital currency's long-standing weaknesses: scalability.
Analysts such as VanEck are maintaining their target of $180K for Bitcoin by 2025, and Bitcoin Hyper could play a significant role in this prediction. By tackling scalability issues, the project has the potential to support the next wave of crypto innovation.
Bitcoin Hyper uses zero-knowledge proofs to commit batches of transactions back to Bitcoin's base layer, allowing for faster transaction speeds without compromising security. This direct linking of every state change to Bitcoin while delivering the speed expected in modern crypto culture could transform Bitcoin from a passive reserve into an active execution layer.
The presale of Bitcoin Hyper has been successful, raising over $16 million so far. Early participants can lock in staking rewards of roughly 75% APY. The presale carries a sense of scarcity, fuelling FOMO, as tokens are priced at $0.012885.
The Bitcoin network can become congested during periods of high demand, processing approximately 7 transactions per second (tps), significantly slower than Visa's capacity of 65K tps. Projects like Arbitrum ($ARB) and Optimism ($OP) process more transactions than Ethereum itself, and Bitcoin Hyper's success could put it in the same league.
The Bitcoin Hyper presale has drawn comparisons to Ethereum's rollup boom, with significant participation from large investors ("whales") who have made purchases of tens of thousands of dollars each. This strong investor interest spans both retail and large-scale investors, attracted by the project’s potential and fundamentals.
During the Runes protocol launch in April 2024, transaction fees spiked as high as $127, highlighting the need for a scalable solution like Bitcoin Hyper. The project allows users to send transactions instantly, stake for yield, and deploy dApps using Solana developer tools.
If successful, Bitcoin Hyper could be a game-changer for Bitcoin, addressing its scalability issues and supporting the next wave of crypto innovation. As analysts continue to maintain their bullish outlook for Bitcoin, the role of projects like Bitcoin Hyper in achieving these targets becomes increasingly significant.
