Crypto

Revitalizing Bitcoin – Bitcoin Hyper’s Leading Crypto Presale Secures $24.4M and Approaches Listing

Bitcoin Hyper: Revolutionizing Bitcoin with Speed and Scalability

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Key Highlights

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  • 1️⃣ The Bitcoin Hyper presale has successfully garnered over $24.4 million, aiming to become a pivotal execution layer for Bitcoin.
  • 2️⃣ Leveraging Solana’s Virtual Machine (SVM), it introduces sub-second transactions and minimal fees to the Bitcoin network.
  • 3️⃣ The $HYPER token facilitates gas, staking, and governance functions, offering up to 48% APY yields.
  • 4️⃣ Bitcoin and $HYPER mutually enhance one another; Bitcoin offers reliability, while Hyper provides speed and scalability.

Bitcoin’s Dominance and Its Limitations

Bitcoin stands as the unrivaled leader in the cryptocurrency world, yet its transaction speed lags. With $BTC trading around $108K and spot ETFs accumulating billions, institutional holdings of Bitcoin have surged to unprecedented levels. Nevertheless, Bitcoin’s transaction speed is a significant drawback. The network’s slow transaction times, high costs, and limited scalability hinder its practical applications.

While Bitcoin remains a trusted store of value, other blockchain platforms like Solana, Ethereum, and BNB Chain are surging ahead, powering decentralized finance (DeFi), non-fungible tokens (NFTs), and meme culture with remarkable speed. The disparity is stark, but change is on the horizon.

Bitcoin Hyper ($HYPER) seeks to transform Bitcoin by enhancing its usability. By infusing Solana-like speed into the world’s largest blockchain, Bitcoin can become fast, cost-effective, and truly borderless. With the presale already amassing $24.4 million, investors view this as a long-overdue upgrade for Bitcoin, not just another Layer-2 solution.

The Escalating Scalability Challenge of Bitcoin

The scalability concerns surrounding Bitcoin are no laughing matter. Currently, the Bitcoin network processes approximately 2.8 transactions per second (TPS), with a maximum potential capacity of 7 TPS. Each block takes around 15 minutes to confirm, and transactions only achieve finality after about an hour. This lengthy wait is impractical for everyday transactions or engaging in DeFi activities.

In contrast, Solana handles 843 TPS in real-time with a 0.4-second block time and 12.8-second finality. BNB Chain processes 278 TPS in under a second, while Tron and Base exceed 100 TPS with block finality under a minute. Bitcoin’s hour-long delay resembles dial-up internet compared to these high-speed blockchain networks.

This impacts usability. High fees and sluggish confirmation times have driven developers and traders to seek faster networks. Solana dominates meme coins, Ethereum leads in DeFi, and Base powers daily dApp activity. While Bitcoin may be digital gold, its inability to match internet speeds limits its ability to drive the digital economy.

Bitcoin’s unmatched security and brand reputation will keep it as the most trusted blockchain globally. However, its speed deficit hampers its ability to compete in on-chain innovation. To evolve, Bitcoin needs an execution layer that combines security with modern performance capabilities. This is where Bitcoin Hyper steps in.

Bitcoin Hyper’s Layer-2: Bringing Solana Speed to Bitcoin

Bitcoin Hyper ($HYPER) is an innovative Layer-2 network designed to endow Bitcoin with the speed and agility it has been lacking for over a decade. Utilizing Solana’s Virtual Machine (SVM), it allows sub-second transactions and negligible gas fees within the Bitcoin ecosystem without compromising security. Think of it as Bitcoin’s execution layer, where real activity can occur.

Here’s how it functions:

  • Bridge In: Deposit your $BTC to a verified address. Smart contracts automatically verify Bitcoin blocks to confirm your deposit.
  • Layer-2 Execution: Once verified, an equivalent amount of $BTC is mirrored 1:1 on Bitcoin Hyper. From there, you can send, stake, or trade instantly.
  • Settlement: Transactions are bundled and validated using zero-knowledge (ZK) proofs before being committed back to Bitcoin’s main chain for full transparency.
  • Bridge Out: If you wish to retrieve your $BTC, request a withdrawal, and the system unlocks it on Bitcoin Layer-1.

Crucially, this isn’t a wrapped token or custodial bridge. Bitcoin Hyper remains entirely trustless and verifiable, utilizing ZK cryptography to uphold Bitcoin’s integrity while significantly enhancing its performance.

The advantages are clear. With sub-second confirmations and near-zero fees, Bitcoin becomes a hub for DeFi, NFTs, and meme coins. It also seamlessly interoperates with Ethereum, Solana, and Bitcoin. Imagine using $BTC for payments as swiftly as sending $SOL, or employing Bitcoin as collateral in DeFi.

This is why many consider Bitcoin Hyper the missing execution layer, potentially enabling Bitcoin to compete in the high-speed, low-fee realm of other blockchains.

$24.4 Million Raised: Whales Are Joining the Movement

Bitcoin Hyper’s presale has already collected $24.4 million, indicating investors’ appetite for a faster and more functional version of Bitcoin. The token is priced at $0.013145, and our Bitcoin Hyper price prediction suggests a potential 11x increase by the year’s end. Staking yields currently reach up to 48%, offering early investors both upside potential and passive rewards as they await the Token Generation Event (TGE).

Whales have been actively participating. A $36.5K purchase this week adds to a series of six-figure buys recorded on-chain. Many of these investors are betting that Bitcoin’s first true execution layer could follow the same trajectory as previous Layer-2 success stories.

The $HYPER token is integral to the ecosystem. It is used for gas, staking, governance rights, and access to the launchpad. Early investors gain priority access to staking pools, airdrops, and the initial wave of dApps built on Bitcoin Hyper’s high-speed Layer-2.

Discover how to acquire Bitcoin Hyper through our detailed step-by-step guide. For years, utilizing Bitcoin meant relying on wrapped tokens or centralized sidechains. Bitcoin Hyper changes that narrative with a fully verifiable and zero-knowledge Layer-2 that remains in sync with the main chain.

Both $BTC and $HYPER will bolster each other. Bitcoin offers security and trust, while Hyper provides the speed and scalability necessary to unlock genuine utility, enhancing the likelihood that $HYPER will be the next cryptocurrency to experience significant growth. Join the Bitcoin Hyper presale before the next price surge.

Please remember, this article is not financial advice. Cryptocurrencies and presales come with inherent risks. Conduct your own research (DYOR) and invest only what you can afford to lose.

Content Authored by Aidan Weeks, Bitcoinist

Editorial Process

At Bitcoinist, our editorial process is committed to delivering meticulously researched, accurate, and unbiased content. We adhere to stringent sourcing standards, and each page undergoes a thorough review by our team of top technology experts and experienced editors. This process ensures the integrity, relevance, and value of our content for our readers.

Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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