Bitcoin Hyper Presale Burns Red Hot as Whales Can’t Get Enough: $58K Yesterday

Today, US lawmakers are sitting down with eighteen crypto executives to discuss the next steps for Trump’s Strategic Bitcoin Reserve.

If they reach a workable solution, demand for $BTC is primed to grow, along with pressure on the Bitcoin network. But don’t worry. Bitcoin Hyper, a Layer-2 (L2) scaling solution, is being built to handle the load.

Backing its utility, a sizable 30% of its native token – $HYPER – is earmarked for ongoing development. It’s no surprise, then, that it has already raised over $16.2M, including two hefty whale buys of $31.5K and $27.1K just yesterday.

Strategy’s Saylor & Fundstrat’s Tom Lee Discuss US’ $1M BTC Plan

Hosted by The Digital Chambers and The Digital Power Network (its affiliate), the roundtable will include many crypto titans, spanning Strategy’s Michael Saylor, Fundstrat’s Tom Lee, and MARA’s Fred Thiel.

Source: X (Michael Saylor)

They’ll be accompanied by Bitcoin mining executives CleanSpark’s Matt Schultz and Margeaux Plaisted, MARA’s Jayson Browder, and Bitdeer’s Haris Basit.

And that’s not everyone. The head of eToro’s US business, Andrew McCormick, and executives from Web3 capital firms Off the Chain Capital and Reserve One are also among those attending.

Together, they have one ambitious goal: to finally figure out ways to support the Bitcoin Act, a bill from Senator Cynthia Lummis that promises the government will purchase $1M in Bitcoin over five years.

According to reports, they’ll be brainstorming ideas around how the US can fund these large-scale $BTC buys without impacting taxpayers.

Of course, this is fantastic news for $BTC; it signals strong government interest, steady demand, and growing recognition of the crypto leader (currently valued at $115K) as a strategic asset.

But as adoption and demand rise, the network’s limitations will inevitably resurface.

Ethereum Transactions 3x Faster Than Bitcoin

The original Bitcoin network on which $BTC is held is notoriously slow. Right now, it can only process 6.71 transactions per second (tps). In comparison, Ethereum can facilitate 21.94 tps, which is over three times faster.

Because Bitcoin can only handle a small amount of TPS, it doesn’t take much for the network to become congested during peak demand.

The reason is that users often pay higher fees for their transactions to get their transfers accepted quickly. In turn, it creates a bidding war that drives up costs on the networks, leaving smaller transactions delayed or even worse: priced out entirely.

Over the past months, Bitcoin’s average gas fees have often rocketed above $2 and edged close to $3 during heightened activity. 

Source: YCharts

Even at quieter times, fees rarely drop below $0.50 – $1. These costs make Bitcoin impractical for everyday users.

Such volatility amplifies the need for scalable solutions like Bitcoin Hyper.

Bitcoin Hyper to Make Bitcoin Faster, Cheaper & More Innovative

As a cutting-edge Layer-2 (L2) solution, Bitcoin Hyper is under development to make Bitcoin faster, cheaper, and more versatile – regardless of network demand.

It’ll also utilize the Solana Virtual Machine (SVM) to push performance further. This way, it can unlock Solana-level programmability inside the Bitcoin ecosystem.

Source: Bitcoin Hyper

Developers will be able to deploy smart contracts and build dApps capable of processing thousands of TPS. Essentially, it could turn Bitcoin into a hub for DeFi, NFTs, and Web3 innovation.

Holding $HYPER unlocks all the ecosystem’s benefits, including the lowest gas fees, governance rights, and 70% staking rewards.

Buying $HYPER today could also generate gains exceeding 1,000%, as the token’s anticipated to surge to $0.15 on bullish momentum.

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