We have just identified two new whale buys into $HYPER, totaling $58K.
Let’s explore exactly why Bitcoin needs a new Layer-2 and what Bitcoin Hyper is offering.
It’s not a technical problem – Bitcoin intentionally operates slowly. The Bitcoin network is created to add new blocks to the blockchain approximately every ten minutes. Since blocks have a fixed size limit, there’s a strict cap on how many new transactions can be processed through the Bitcoin network.
Partly, that’s why Bitcoin appeals to long-term investors. Each transaction is seen as fully authoritative, so there are no security concerns with Bitcoin.
However, most schools of thought on blockchain development agree that prioritizing security and decentralization comes at an unavoidable cost to scalability. That’s not such a big issue for investors.
Unfortunately, it’s a real problem if you try using Bitcoin like fiat currency. There will be a very long line behind you if you try to pay for items at a retail store with Bitcoin, to say the least.
That also means Bitcoin fees will only increase as the network becomes more congested, and urgent transactions come with a premium that allows them to be processed quickly.
It introduces a second processing layer on top of the Bitcoin network that can handle transactions faster by utilizing Solana’s lightning-fast parallel processing.
The transactions between the two layers are managed by a Canonical Bridge. On Layer-1, you send $BTC to the Canonical Bridge address, where it is held in custody on your behalf. In return, an equal amount of wrapped $BTC is created by the Canonical Bridge and sent to your wallet on Layer-2.
As the official token of Bitcoin Hyper, $HYPER is poised to gain from increased capital flows through the Bitcoin Hyper network.
Using it lowers the cost of interacting with smart contracts and performing crypto swaps, providing inherent value for Bitcoin users who already benefit from Bitcoin Hyper’s fast network.
While $HYPER is likely to be a victim of a potential downturn in the crypto market as a whole come 2026, our projections for 2030 tell us it could hit a spectacular high of $1.50.
We also anticipate that $HYPER’s value will be enhanced by on-chain adoption. The Bitcoin Hyper developers plan to enable smart contracts that restrict exclusive features to $HYPER holders only, creating an ecosystem where $HYPER allows you to unlock the full potential of Bitcoin Hyper’s dApps.
All crypto products are volatile. Always do your own research before investing and only invest what you’re prepared to lose. This article is not financial advice.