The Bitcoin Hyper presale is attracting some serious attention from whales looking for the next big crypto as over $1M flows into the $HYPER token this week.
Bitcoin is on the rise again just in time for Uptober. $BTC cleared the $120K barrier for the first time since August, pushing its market cap up to $2.39T. There’s a good chance we’ll seen $BTC reach new all-time high prices very soon, and Bitcoin Hyper could well be the project that pushes $BTC over the edge.
There’s no arguing that Bitcoin is the dominant cryptocurrency in terms of value, but when you compare it against blockchains like Ethereum or Solana, it comes up short in a few key areas. It’s mostly an issue of scalability (Bitcoin is notoriously slow), but the lack of Web3 compatibility also hurts the long-term success of Bitcoin.
It’s not all doom and gloom, though, thanks to Bitcoin Hyper. This project is on a mission to solve Bitcoin’s problems with a Layer-2 project designed to bring Bitcoin back to the forefront of innovation in the crypto space. It all works thanks to the Solana Virtual Machine (SVM), which marries the value of $BTC with the high-speed parallel processing capabilities of Solana.
Read on as we delve into Bitcoin Hyper’s ‘secret sauce’, what its Layer-2 brings to the Bitcoin table, and why $HYPER is on track to be the next 1,000x crypto.
Why is Bitcoin so Slow?
The Bitcoin network takes a while to process transactions to ensure each transfer is agreed upon by the vast majority of the network. Each block of trades takes around 10 minutes to be added to the blockchain, but in practice it’s usually far slower because there’s a maximum file size for each block.
This means there’s a cap on how many transactions the Bitcoin network can actually process at once. At the moment, it’s capable of processing around just seven transactions per second. That’s also why transaction fees are rising, as traders are willing to pay more to have their trades prioritized by miners.
This isn’t so much of an issue if you’re a long-term $BTC holder – an additional hour or two clearing time is a price worth paying in return for authoritative security guarantees on your transfers. However, it’s a very different story if you’re holding up the queue at your local coffee shop by trying to pay in Bitcoin.
Source: Serokell
Unfortunately, it’s not an easy problem to solve. The dominant school of thought for developing decentralized blockchains is that you can pick either security or scalability, but not both. That’s why Web3 adopters have flocked towards Ethereum and Solana instead.
How does $HYPER solve these issues?
The Bitcoin Hyper network will work alongside the existing Bitcoin blockchain with a Layer-2 solution that integrates the SVM to significantly speed up the clearing time for Bitcoin transfers. Each transaction will take place in a separate, temporary ledger that is periodically written back onto the Bitcoin Layer-1.
This way, $BTC can be transferred between accounts without requiring every transaction to be recorded in real-time on the Layer-1, reducing the stress placed on the Bitcoin network from an ever-increasing number of users trading crypto.
It all works thanks to a Canonical Bridge, which handles transfer of value between the two networks. Any $BTC sent to the Canonical Bridge address on the Layer-1 is held in custody, while an equivalent amount is minted on the Layer-2 and sent to your account as wrapped Bitcoin ($wBTC).
Cashing out in the opposite direction is as simple as sending a withdrawal request with the amount of $wBTC you want to burn, which is then returned as $BTC from your account onto the Layer-1.
Whales Are Making A Massive Presale Splash
With Bitcoin gearing up for another boom, there’s a strong possibility that the value of $HYPER will explode as more users jump onto the Bitcoin Hyper network to keep their fees low.
In all, the $HYPER presale has already raised $21M, signaling strong investor interest.
Of course, a Layer-2 that makes cheaper and faster to swap crypto and run smart contracts, in addition to other Web3 features – is a massive drawcard on its own. But holding $HYPER will also give you governance rights on its DAO. That means you can vote on proposals and have your say on the future of the project.
Bitcoin Hyper developers, meanwhile, will be able to gate certain features on smart contracts, meaning they will be exclusive to $HYPER holders only.
Right now, you can buy $HYPER for $0.013045, and stake it for 56% APY. But remember, presale prices go up in stages, while the APY lowers as more holders stake their tokens. So you need to buy now if you want to invest in $HYPER at its current low, early-bird price.
Is $HYPER The Next 1,000x Crypto?
While the presale is due to close by the end of Q4 2025, the momentum we’re seeing so far point to a decent chance that $HYPER could sell out before then.
If $HYPER hits $0.20, that would mean a 1.534% ROI on today’s $HYPER price, which definitively nails the 1,000x crypto brief. In the long term, meanwhile, we believe $HYPER could ride the success of Bitcoin all the way up to a potential high of $1.20 by 2030.
Ready to invest in what’s gearing up to be the next 1000x crypto? Buy your $HYPER before the next price increase.
Source: https://bravenewcoin.com/insights/whales-buy-bitcoin-hyper-1m-presale-1000x-crypto