Bitcoin Hyper ($HYPER), the new Bitcoin layer 2 blockchain, has just hit the £2 million total raised mark in its presale.
The new milestone underlines what many analysts have been saying for weeks: this project could generate serious traction.
It’s not just following in the footsteps of earlier Bitcoin L2s like Stacks or the Lightning Network; Bitcoin Hyper has grander plans. It’s building a Bitcoin layer 2 blockchain using the Solana Virtual Machine (SVM), which will connect Bitcoin to the world’s most active ecosystem.
Solana currently leads all blockchains in active users, with over 78 million people interacting with the chain recorded this month alone. Now, all these users, alongside Solana developers, will have frictionless access to a new ecosystem underpinned by Bitcoin’s security and $2 trillion liquidity.
Currently, investors can buy $HYPER at a price of $0.012175. However, this will rise as the presale advances, with the next uptick in just one day.
Bringing meme coins, dApps to Bitcoin using SVM
It’s no secret that the Solana community is the home of meme culture. From meme coin infrastructure such as Pump.fun and Let’s Bonk, to high-profile meme coin influencers like Murad and Bonk Guy, the majority of new meme-fueled headlines originate from the Solana ecosystem.
Thanks to the ‘honest’ nature of meme coins – which generally promise nothing and deliver exactly that – new retail users tend to love them. That’s why Solana has garnered such a strong user base.
With that in mind, Bitcoin Hyper aims to bring Solana’s meme coin sector to Bitcoin. It mentions meme coins as a core use case on its website, alongside payments and decentralized applications (dApps).
Its branding and artwork channel classic meme coin energy – clearly designed to attract Solana’s massive cohort of joke-token enthusiasts.
And since Bitcoin Hyper uses Solana’s code, developers can easily port their apps or tokens to the network in minutes. No new programming languages. No complex wrappers.
It’s a setup that could easily foster a vibrant and active ecosystem within weeks of the Bitcoin Hyper L2 going live.
Naturally, the project is drawing serious attention – not just from investors, but from top analysts as well. For instance, Cryptonews recently covered $HYPER and said that it could have a potential upside of between 100x and 250x after listing on exchanges.
Bitcoin Hyper is Bitcoin’s portal to Web3
While many Bitcoin maximalists might scoff at the idea of upgrading Bitcoin, the fact is that without layer 2 networks, Bitcoin is unfit for mass adoption. It can compute just seven transactions per second. There are billions of people worldwide. If we were all to use Bitcoin at the same time, we’d be waiting days for our transaction to compute.
Bitcoin layer 2s – like Bitcoin Hyper, Stacks, or the Lightning Network – transform Bitcoin from a passive store of value into an active digital cash system built for everyday use.
But both Stacks and the Lightning Network operate in closed-wall environments, built using Bitcoin’s complex Rust programming language. Most newer blockchains opt for something different. Thus, these L2s are largely separated from the broader developments of the Web3 space.
That’s why Bitcoin Hyper is built on the SVM. It enables seamless access to the fastest-growing ecosystem in crypto, and thereby positioning itself as Bitcoin’s portal to Web3.
The Bitcoin Hyper Canonical Bridge is a core part of this operation. It offers a secure and trustless way for users to move funds between Bitcoin and Bitcoin Hyper, as shown below:
Bitcoin Hyper transactions will periodically be reported to the Bitcoin L1 network for settlement. This means that the L2 combines the speed and programmability of Solana with the robust security and permanency of Bitcoin. It connects two of crypto’s most powerful forces in a way we’ve never seen before.
And with that, Bitcoin Hyper is more than just another Bitcoin scaling solution – it’s Bitcoin’s invite to the future of Web3.
Last chance to buy $HYPER before price increase
With just one day until the $HYPER price increase, investors seeking to buy should act quickly.
No one can say for certain how far Bitcoin Hyper could go. However, Stacks’ native token $STX is currently worth $1 billion, underlining that there’s serious upside potential if all goes to plan.
And with its compelling use case and early presale momentum, it appears to be well on the right track.
Follow Bitcoin Hyper on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.
