Bitcoin Hyper’s $14.6M+ presale could be Bitcoin’s ticket to mainstream success once the project releases and implements its long-awaited 1 Hyper ($HYPER) is set to be Bitcoin’s official Layer-2, and plans to free Bitcoin from its performance limitation of just seven transactions per second (TPS). Little wonder, then, that whales have been sniffing around the $HYPER presale – this month has already seen a solid $50K whale buy. Hyper’s goal is to make transactions faster and cheaper within the Bitcoin ecosystem, turning the network into a more viable choice for institutional 2 includes high-traffic payment processors like Visa, which has a throughput of up to 65K 3 what exactly are Bitcoin’s problems?
Why The Bitcoin Network Is Inefficient And Sluggish Bitcoin’s primary problem is the performance limitation, currently capped at seven 4 means that the network can only process seven transactions per second before experiencing increased confirmation times and 5 of the low throughput, transactions fall into a queue list, with the system prioritizing larger transactions with higher 6 fee-based priority system increases the confirmation time to potentially multiple 7 all, it means Bitcoin can be slow, expensive, and overall ineffective, with the network often experiencing congestion during high-traffic 8 terms of performance, Bitcoin ranks 22nd on the list of the fastest 9 Ethereum – with a utilization rate that has dropped to 50.68% , below the long-term average of 56.81% – still ranks 18th.
Solana, on the other hand, is second to ICP only, with a real throughput of 1K TPS and a theoretical max of 65K . So, Bitcoin clearly needs to step up its game. However, Bitcoin Hyper isn’t the first attempt at fixing the 10 the Lightning Network Failed The Lightning Network is the most well-known failed attempt at boosting Bitcoin’s performance past its native 11 idea was similar to what Bitcoin Hyper is offering: faster and cheaper transactions without impacting the network’s security. Unfortunately, the Lightning Network fell short due to its poor implementation and lack of relevant 12 network came with multiple problems , including routing and path-finding failures, channel backup and recovery failure, and integration 13 the most impactful one related to the security aspect, as Lightning Network’s nodes need to remain online at all times to keep transactions 14 led to the Fraudulent Channel Close scam , causing people to lose their funds to a system 15 prevent that, the devs created Watchtowers with the goal of addressing this specific 16 the damage had already been done and investors lost their trust.
However, it’s not all doom and 17 Hyper’s Layer-2 is poised to take over and eliminate Bitcoin’s pain 18 it’s successful, $HYPER could become Bitcoin’s saving 19 Bitcoin Hyper Solves Bitcoin’s Issues Bitcoin Hyper relies on several tools – like the Canonical Bridge and the Solana Virtual Machine (SVM) – to address Bitcoin’s core performance 20 Canonical Bridge will connect the Bitcoin network to the Hyper layer and relies on the Bitcoin Relay Program (BRP) to confirm incoming 21 drops confirmation times from hours to mere seconds, hitting multiple birds with one 22 fee-based priority system will also be gone, network fees will go down, and there’ll be no more risk of 23 the BRP confirms the transactions’ details, the Canonical Bridge will mint your $BTC onto the Hyper Layer-2 as wrapped $BTC.
There, you can swap, stake, buy NFTs, and interact with dApps and 24 at any time, you can withdraw your wrapped $BTC back to Bitcoin’s native 25 SVM, meanwhile, complements the system by enabling the ultra-fast execution of smart contracts and turning Bitcoin even faster and more performant than 26 SVM allows for higher throughput and scalability, bringing Solana’s performance into Bitcoin’s highly secure and reputable ecosystem. Hyper’s Presale Performance Bouyed By Whales The $HYPER presale has now reached $14.6M+, and with no signs of 27 addition to last week’s $50K whale buy, August also saw some significant whale activity, including $161.3K and $100.6K.
And as we head deeper into this month, there’s a good chance more whales will be circling the $HYPER 28 a current token price of $0.012885 – and staking at 75% APY – it’s growing at an accelerated 29 influx of investors is the result of the project’s long-term potential, extensive and transparent roadmap, and the hype behind the idea of a faster and cheaper Bitcoin 30 on these factors, there’s a good chance that $HYPER will see a post-launch boom, followed by a steady long-term 31 the end of the year, our price prediction for $HYPER puts the token at $0.32. By 2030, $HYPER could reach $1.50 or higher, especially if Bitcoin sees mainstream 32 reflects an ROI of 11,541%, which is enough to incentivize early adopters while the token still trades at its presale 33 to jump in?
Visit the official Bitcoin Hyper presale 34 You Buy Into the Hyper Hype? Bitcoin Hyper ($HYPER) promises to fix Bitcoin’s pain points and overtake the Lightning Network as Bitcoin’s primary Layer-2 solution, so it’s not surprising that whales are rushing 35 to whether you should invest or not – this depends on your risk tolerance and 36 if you do decide to invest, you should do it now while the $HYPER price is still low, which could change fast post-launch. So, read our guide on how to buy $HYPER and then to the official presale page to secure your 37 isn’t financial 38 do your own research and invest 39 by Bogdan Patru, Bitcoinist – 0
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