Takeaways:
- •Bitcoin Hyper’s native token presale has sparked a widespread frenzy in the crypto market, while most coins slide the charts.
- •Why is the project defying the trend? It’s building a layer-2 solution that brings more speed and programmability to the Bitcoin blockchain.
- •However, there isn’t much time left to buy $HYPER, as the presale has crossed $23.5M and the sell-out is closing in.
Bitcoin Hyper ($HYPER) is sizzling hot, as investors retreat from top cryptos in the market crash.
While $BTC has tumbled down to $111.9K, the $HYPER presale just broke $23.5M.
The project’s Bitcoin layer-2 solution is behind this buying frenzy; it sets out to make Bitcoin faster and cheaper. Whales have also begun circling the project, with some purchases worth $379.9K, $274K, and $74.9K.
But more importantly, Bitcoin Hyper makes the Bitcoin blockchain compatible with Web3, opening up new avenues in DeFi, gaming, NFTs, and beyond. In other words, the project is deeply tied to the future of Bitcoin.
As the presale nears an early sell-out, let’s take a closer look at Bitcoin Hyper and why it’s probably the best crypto to buy the dip.
Bitcoin Hyper is Writing the Future of Bitcoin – But Not Just on Paper
Bitcoin is undeniably the hottest cryptocurrency, but it’s still years away from developing a thriving Web3 ecosystem of its own.
Although Bitcoin was never intended to be more than a decentralized currency, the cryptocurrency market has evolved rapidly over the years, expanding into numerous industries.
Today, cryptocurrency is making deeper inroads into finance, healthcare, entertainment, gaming, and sports, among other areas.
However, nearly all of these developments have occurred outside the Bitcoin network. Web3 is thriving on smart contract-compatible blockchains, such as Ethereum and Solana.
It’s about time Bitcoin caught up, not just to create its own Web3 hub, but also to provide a smoother and more efficient user experience for traders and investors.
Bitcoin’s transaction speed is embarrassingly slow at just seven per second, while Solana boasts 4,709 practically and 65,000 TPS theoretically.
Unless Bitcoin resolves its network congestion issues, it will be challenging for the coin to achieve mainstream adoption in finance.
Bitcoin Hyper understands this.
The project aims to revitalize Bitcoin and make it Web3-compatible, without compromising security. And unlike most early-stage cryptos, this isn’t just a promise.
Bitcoin Hyper’s steady tech progress shows that it’s here to build lasting crypto infrastructure, laying the foundation for decentralized applications and use cases within the Bitcoin ecosystem.
Here’s How it Works
Bitcoin Hyper’s design is simple, yet technically sophisticated.
- •The project utilizes a non-custodial Canonical Bridge to transfer Bitcoin seamlessly between Layer-1 and Layer-2.
- •Bitcoin, locked on the base chain, is converted into a wrapped token, which can then be used across a wider range of ecosystems beyond Bitcoin.
- •Solana Virtual Machine plays another integral role in building the infrastructure. Optimized for speed and scalability, transactions on Bitcoin Hyper can sometimes be faster than those on Solana.
The system reduces congestion and transaction fees on the Bitcoin blockchain, essentially unlocking $BTC for use across different decentralized applications.
While moving transactions off-chain helps reduce congestion and improve speed, the system ensures that there is no compromise on security at any point.
This is because the transactions are periodically verified using ZK proofs and settled on Bitcoin’s main chain, ensuring complete transparency.
Bitcoin Hyper has also completed smart contract audits by leading blockchain firms Coinsult and SpyWolf, clearing any concerns investors may have around code vulnerabilities.
Bitcoin Hyper vs. Bitcoin – Which is the Best Crypto to Buy Now?
The crypto market just witnessed a flash crash that wiped billions.
Although the market managed to retain control soon, the event has dented investor confidence, especially as geopolitical frictions add further uncertainty. The ongoing US government shutdown and the escalating tariff wars between China and the US could prolong market recovery.
Investors are exercising caution, and for good reason. Although the crash hasn’t been able to destabilize Bitcoin’s fundamentals, they may have to wait a bit longer for a retest of $125K.
But for strategic investors, this correction is an opportunity they’ve been waiting for months. Confident that the $BTC price is headed for new highs sooner or later, they’re using this bearish window to expand their portfolios.
And they’re not willing to limit themselves to $BTC, as it’s often smaller and underrated crypto gems that make multifold surges in the recovery cycle.
That explains why Bitcoin Hyper has been defying the broader market trend this week. The project’s layer-2 solution, closely tied to the Bitcoin blockchain, offers a smart bet during the bear market.
$23.5M Raised and Counting: Early Window Won’t Stay Open for Long
It’s not just utility that makes $HYPER, the native crypto of Bitcoin Hyper, an appealing choice this week.
The viral presale offers $HYPER at heavily discounted prices before it is listed on exchanges. Meanwhile, the staking program generates passive income for investors while they wait for the TGE.
For early birds, the opportunity is too good to pass up, with the token available for just $0.013115 at 50% staking APY now.
But bear in mind, the next price surge is only a day away.