The US’s Strategic Bitcoin Reserve may be coming this year, says Galaxy head of firmwide research, Alex Thorn.
Bitcoin is on track of becoming the foundation of the new global economy and it all begins in the US, with Trump’s Bitcoin Treasury on track to begin its implementation phase.
However, that’s not the main drive, but rather a consequence of the increased investor trust in Bitcoin as a valuable asset to use against the depreciating fiat.
It all comes from Bitcoin’s decentralized nature, which causes its value to depend on people’s trust in its performance.
This paints Bitcoin as a foundational asset that could transform the modern global economy, especially as Bitcoin Hyper ($HYPER) brings a much-needed performance boost into the ecosystem.
The Bitcoin network is currently running at a maximum of 7 transactions per second (TPS), which is far below required industry standards. By comparison, Solana packs nearly 1,000 TPS with a 65,000 theoretical value, smoking Bitcoin in terms of performance.
The Canonical Bridge instead handles incoming transactions, confirming them nearly instantly with the Bitcoin Relay Program.
Once the transactions go through, the Bridge then mints the tokens into the Hyper layer, making them available to users almost immediately. Investors can then use the wrapped Bitcoin within the Hyper ecosystem or withdraw them to Bitcoin’s native layer whenever necessary.
Together with SVM, the Canonical Bridge turns the Hyper ecosystem into a fast-performing layer that promises to bring Bitcoin’s performance to Solana-grade numbers.
Once implemented correctly, Hyper would also make Bitcoin more feasible for institutional investors thanks to the near-instant finality, low network fees, and the elimination of the fee-based priority, which keeps Bitcoin lagging behind other networks.
Just remember that this isn’t investment advice. Do your own research (DYOR) and manage risks wisely.
