The crypto market is taking a short breather as we head into the weekend. After sprinting to a new all-time high of $124,457 on Thursday, Bitcoin (BTC) dipped by around 3.5% before stabilizing, which still puts it well above its critical support level of $115,750. Anticipation of an altseason is also reaching fever pitch, with Ethereum (ETH) up 19% week-on-week, while Solana (SOL) has gained around 11.5% in seven days.
Solana is currently hogging the spotlight, as SOL bulls are battling to break $200 – the psychological resistance point that will open up $300 as a new target if it gets flipped into support. Meanwhile, Bitcoin Hyper (HYPER), a presale-stage project that uses the Solana Virtual Machine (SVM) to power a new Bitcoin Layer 2 chain, has raised almost $10 million following multiple six-figure investments from forward-thinking whales.
Below, we’ll explore Solana’s latest price moves and see how Bitcoin Hyper is already benefiting from its connection to the sixth-largest crypto project by market cap.
Will Solana Be the New Big Hit on Wall Street?
So far in 2025, the crypto market’s strength has largely been boosted by Wall Street investor activity. Between April and July, Bitcoin spot ETFs in the US accumulated almost $19 billion in total net inflows, while Ethereum ETF inflows gradually increased to a peak of $5.43 billion last month. In just the first half of August, ETH ETF inflows have totaled around $3.09 billion – indicating that this month could be a new record-breaker.
This gigantic success has driven even more frenzied speculation around Solana spot ETFs, which would be expected to attract institutional buyers into the Solana ecosystem if they get approved. The US Securities and Exchange Commission (SEC) has delayed SOL ETF approval decisions until October – but this hasn’t stopped Solana bulls from repeatedly testing the key $200 resistance level.
Since July 22, SOL has briefly broken above $200 several times, while a recent dip established a new higher low and an extended uptrend that could continue for the rest of the year. As we’re still in a bull market, and a new altseason is expected soon, SOL could quickly leap above $210, turn it into support, and enter a fresh bull run to $300 – or perhaps even higher.
$SOL time to stack more solana at these prices my next target is $300 and honestly solana’s future is bright $1000 is just a matter of time in the coming years that’s just my personal scout level opinion everyone will own solana in the future one solana pic.twitter.com/gYg55WGzqA
— Rei (@KyoMemes) August 2, 2025
Although legacy coins like SOL, BTC, and ETH remain popular among mainstream market participants, newer crypto projects using bleeding-edge technology have become top targets for Web3 veterans and the biggest whales. This is why Bitcoin Hyper (HYPER) is racing ahead in the crypto presale space, while experts highlight it as the best altcoin to buy today.
Bitcoin Hyper Uses Solana to Improve Bitcoin: Best Altcoin to Buy?
Bitcoin maxis often argue that Bitcoin is still the best blockchain in the industry, despite the emergence of more flexible chains like Solana. However, the new Bitcoin Layer 2 (L2) project Bitcoin Hyper (HYPER) has managed to gain support from BTC die-hards, Solana fanatics, and altcoin investors across the crypto space.
Since Bitcoin Hyper is built on Bitcoin and uses the Solana Virtual Machine (SVM) to provide unprecedented speeds and consistently low fees, it’s proven irresistible to investors of all sizes and dispositions.
The Bitcoin Hyper team is preparing to launch the fastest-ever L2 network for Bitcoin – and although users will need to start with BTC, they’ll be able to convert their coins into wrapped Bitcoin (WBTC) via Bitcoin Hyper’s canonical bridge, and use HYPER tokens to pay for transactions on the L2. Beyond that point, a wealth of new BTC use cases will be instantly unlocked, so you can play games, mint NFTs, trade meme coins, and use DeFi services that are all fundamentally connected to the main Bitcoin blockchain.
The crypto and presale expert Aiden Crypto has compared HYPER to major Layer 2 successes like Polygon (POL) and Optimism (OP), which have already achieved multi-billion-dollar market caps.
Aiden Crypto even points to Ethereum’s gigantic 2017 bull run as another historic example that Bitcoin Hyper could follow.
For the time being, Bitcoin Hyper is ready to hit the $10 million fundraising milestone – meaning that today’s investors are still early, and could potentially see huge value multiples when HYPER starts trading on exchanges. HYPER is currently priced at $0.012725, and buyers can generate staking APYs of up to 112% if they lock their tokens during the presale, immediately creating a new passive income stream.
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Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
