What to Know:
Despite Bitcoin’s Uptober buzz that made rounds earlier last month, the coin’s performance was disappointing. The US-China trade tensions triggered a massive market crash on October 10th, and $BTC, which had touched an ATH of $126K dipped to $103K within a week.
That said, optimism remains high among Bitcoin holders this November.
Simultaneously, investors are looking for emerging altcoins with strong upside to ride Bitcoin’s next bull run.
Bitcoin is the spark that ignited the $3.64T crypto revolution, and its market dominance of 59.6% continues to make it one of the most trusted cryptos globally. However, Bitcoin’s has several issues:
It’s pretty clear by now – while Bitcoin is a great store of value and hailed as digital gold, its blockchain continues to weigh it down with inherent limitations.
So, is there a way for $BTC holders to step up their game?
Any network aiming for DeFi domination must master three core areas. Bitcoin Hyper stands out as a clear winner on all fronts.
While Bitcoin’s current network processes transactions sequentially, the SVM integration will process thousands of transactions in parallel, enabling high-performance smart contracts and scalable dApps within the Bitcoin ecosystem.
Once you deposit $BTC into the Canonical Bridge, it mints an equivalent amount of wrapped $BTC on the Layer 2. These tokens are your key to trading in DeFi, buying NFTs, or interacting with dApps.
You can withdraw your $BTC back to the main chain at any time using the same bridge. So, you’re not locked into the $HYPER ecosystem once you join.
And the best part is that Bitcoin Hyper’s L2 is protected by Bitcoin’s iron-clad security at all times. The L2 will batch transactions from the main chain, compress them into succinct zero-knowledge proofs, and commit them to Bitcoin’s base chain
That means a $500 investment in $HYPER today could grow into $3,265 in one year – a 553% increase. And, that’s an upside from price appreciation alone.
Remember, you can also earn passive income by staking your tokens.
