Bitcoin Hyper Raises $27M as L2 Solution Targets Bitcoin Utility Expansion

Bitcoin’s scalability and programmability limitations impact its mainstream utility. A high-performance Layer-2 (L2) solution with Bitcoin settlement may address these issues.
Bitcoin Hyper aims to combine Solana Virtual Machine speed with zero-knowledge verified settlement on Bitcoin, enhancing transaction efficiency and DeFi capabilities.
The presale of $HYPER has raised nearly $27 million, indicating strong market interest before mainnet deployment and initial listings.
Current price of $0.013265 per $HYPER could potentially rise to 1.9 times in 2025 and 6.5 times in 2026 if milestones are achieved.
Bitcoin ranks 22nd in terms of transactions per second (TPS), limiting its ability to handle high transaction volumes efficiently.
Layer-2 solutions like Bitcoin Hyper provide a potential remedy by handling complex transactions and maintaining security through Bitcoin's blockchain.
Bitcoin Hyper uses a Solana-style virtual machine for throughput, with a bridge that allows seamless Bitcoin transfers, aiming to enhance Bitcoin’s programmability.
The project leverages zero-knowledge cryptography for transaction validation and state anchoring to Bitcoin, promising quick payments and efficient DeFi operations.
The $HYPER token presale is gaining traction, with significant investments supporting its roadmap aligned with Bitcoin’s growth narrative.
The project faces challenges such as execution risk and competition but aims to extend Bitcoin’s utility while preserving its security model.

Bitcoin’s ranking on the list of the fastest blockchains by TPS.