The total cryptocurrency market capitalization has decreased by 1.1% over the past 24 hours, primarily due to a slump in Bitcoin’s price. But as of now, things don’t look too bad. Bitcoin trades above the key $115,000 resistance level, and Ethereum remains at a 1% premium in the last 24 hours.
Solana, XRP, and Dogecoin are in the red, but the new Bitcoin layer 2 blockchain, Bitcoin Hyper ($HYPER), is displaying resilience alongside Ethereum. The project is developing a scalable solution that delivers speed and flexibility to the Bitcoin ecosystem.
It’s undergoing a presale, during which it has successfully raised $4.7 million. The total raise is exploding, having only surpassed the $4.5 million mark raised mark less than 24 hours ago.
$HYPER is showing real strength in the face of market-wide adversity. Should this trend continue, there is every chance that Bitcoin Hyper will prove to be one of the best cryptos to buy now, especially given its current low valuation and rapidly growing community.
Bringing ZK rollups to the Bitcoin ecosystem
It’s not surprising that Bitcoin Hyper is performing well, as the project is breaking new ground with a Bitcoin scaling solution. Bitcoin has a scalability issue – everyone is aware of that. Transactions can take up to 60 minutes to reach finality, and fees can cost $100 or more in periods of congestion.
And then there’s the issue of flexibility. Bitcoin is largely limited to sending and receiving functions, making it feel outdated compared to smart contract blockchains that can host a wide range of functions, from gaming to real-world asset tokenization. Developers have sought to address these issues with smart contract-enabled Bitcoin scaling solutions, such as Stacks and Rootstock.
However, there’s plenty more work to be done. Stacks and Rootstock are effectively alternative layer 1 blockchains that anchor to Bitcoin for finality. They’re faster than Bitcoin, but not fast by modern standards. They also don’t inherit Bitcoin’s security in full, relying instead on their own validator sets and consensus mechanisms.
Many crypto enthusiasts hope for a future of true Bitcoin layer 2 rollups. They’ll settle on Bitcoin, inheriting its security and decentralization while massively upgrading scalability and functionality. That future starts today.
Bitcoin Hyper is the world’s first Bitcoin layer 2 blockchain built using ZK rollups. This technology enables the network to process transactions and then bundle them to periodically report back to Bitcoin.
ZK rollups offer a major advantage over the more commonly used optimistic rollups, used by Ethereum L2s such as Arbitrum and Optimism.
While optimistic rollups assume transactional validity unless challenged, ZK rollups are generally more secure due to cryptographic proofs that verify every transaction. They replace trust with proof, massively reducing the risk of exploits or hacks.
Bitcoin Hyper isn’t just faster than existing Bitcoin scaling solutions; it’s also more secure. The project is taking the Bitcoin scalability industry to new heights, and its presale allows investors to participate from the ground floor.
Analyst says $HYPER set for 100x as presale raise explodes
The Bitcoin Hyper presale is garnering immense attention. Smart traders are well aware of its technological advantages and the fact that competitors like Stacks are already worth over $1 billion, leaving massive headroom for $HYPER to rally.
As to how far it may go, analyst Borch Crypto backs Bitcoin Hyper for a 100x gain. Indeed, that would catapult its valuation into the upper echelon of Bitcoin L2s on the market, but considering its robust use case, this seems a reasonable outcome.
Borch Crypto also underlined that investors can generate even more profits by staking their $HYPER tokens. Currently, staking offers a 205% annual percentage yield (APY), but this is subject to decrease as more tokens are staked.
Last chance to buy $HYPER before ICO price increase
The Bitcoin Hyper presale is designed to reward early adopters: not only will staking rewards decrease over time, but the presale price will increase simultaneously.
Having raised $4.7 million so far, we could well see the price drastically increase even before the presale ends – comparable presales raised tens of millions before listing on exchanges.
So it’s not just price appreciation where investors can earn income with Bitcoin Hyper. There are also staking rewards and presale price upticks. Before the token even lists on exchanges, those who buy today could have already generated substantial profits. But with just 24 hours until the next price increase, time is running low for those yet to buy.
Follow Bitcoin Hyper on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
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