Bitcoin excels in security and decentralization, but it’s no secret that it struggles with speed and flexibility.
That’s fine if you’re just holding BTC as an asset. But when it comes to using it for everyday transactions or DeFi, it’s not the best option.
That’s where Bitcoin Hyper (HYPER) steps in – a new Layer-2 network that has just reached the $3 million milestone in its ongoing presale phase. Could HYPER be the best crypto to buy for getting the most out of Bitcoin?
What Is Bitcoin Hyper & How Does It Work?
Bitcoin Hyper isn’t a meme coin – it’s a second layer that sits on top of Bitcoin’s blockchain.
You lock your regular BTC into a smart contract, get wrapped BTC on Bitcoin Hyper, and from there, transactions settle in seconds with tiny fees. That’s the basic setup.
It’s simple on the surface, but what makes everything tick is the Solana Virtual Machine (SVM). That’s the same tech behind Solana’s speed and smart contracts.
And because it uses the same engine as Solana, Bitcoin Hyper brings full DeFi, dApps, staking, and NFTs into Bitcoin’s ecosystem – things BTC was never originally designed for.
Bitcoin Hyper keeps everything secure by using zero-knowledge proofs (ZKPs) to protect transaction data while ensuring everything eventually settles back onto Bitcoin’s main chain.
There’s no middleman – all of this is done through smart contracts and cryptographic proofs, so users stay in control of their assets 100% of the time.
HYPER Token Presale Hits $3M Mark as Analysts Predict Big Gains
While the tech side makes Bitcoin Hyper run, it’s the HYPER token that ties everything together.
It covers transaction fees, staking rewards, governance rights, and access to dApps and DeFi features. It’s essentially what makes the whole Layer-2 network function.
HYPER’s total supply is capped at 21 billion tokens, an homage to Bitcoin’s 21 million supply but scaled up for the Layer-2.
Right now, HYPER is still in presale, priced at just $0.012275 per token. Over $3 million has already been raised, with staking rewards of 297% on offer for buyers. That means early holders can generate passive income while the presale is ongoing.
Bitcoin Hyper’s presale is expected to run through Q3, possibly into Q4, depending on how quickly tokens sell out. But once the presale wraps, buyers can claim their tokens, with a DEX listing expected around the same time.
The buzz is already picking up. Popular crypto YouTuber Melos Crypto recently released a video breaking down why HYPER could be one of the best cryptos to buy this year.
How Bitcoin Hyper Compares to Other Bitcoin Layer-2s
Bitcoin Hyper isn’t the first project to try to fix Bitcoin’s slow speeds and lack of programmability. Lightning Network, Stacks, and Rootstock have taken a swing at it – but they all come with trade-offs.
The Lightning Network is well-suited for instant payments, but it can be too complicated for the average person, and it doesn’t support smart contracts or DeFi.
Stacks and Rootstock add programmability but rely on semi-centralized bridges or separate consensus systems that don’t feel fully trustless. Plus, they can be awkward to use.
That’s the gap Bitcoin Hyper is looking to close. It brings Solana-style speed and smart contract support through the Solana Virtual Machine.
Plus, its bridge is decentralized and non-custodial, so users don’t hand control to any middlemen. And onboarding is straightforward – simply bridge your BTC in, and you’re live, with no complex setups needed.
For developers, Bitcoin Hyper integrates existing Solana tools, so building on Bitcoin becomes faster and more familiar.
In short, it’s about giving Bitcoin the flexibility and usability people expect from newer blockchains.
If the presale keeps building momentum, Bitcoin Hyper could end up delivering one of the biggest upgrades to Bitcoin’s usability in years – especially for anyone looking to do more with their BTC.
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.