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Bitcoin Hyper Presale Raises $28.9M, Targets Solana-Level Performance
Key Points:
- Bitcoin's Layer 1 is secure but limited by slow throughput, high fees, and lack of native smart contracts.
- Bitcoin Hyper introduces a Layer 2 solution to enhance Bitcoin's speed and programmability using Solana Virtual Machine (SVM) integration.
- This development enables fast execution for wrapped BTC across payments, DeFi, NFTs, and gaming applications.
- The initiative aims to transform idle BTC into a productive asset through ultra-low-latency processing and SVM smart contracts.
- Bitcoin Hyper's presale has raised $28.9M, with tokens priced at $0.013375, indicating strong investor interest.
- High-profile purchases by whale investors suggest growing momentum behind Bitcoin Hyper's potential to bridge the utility gap for Bitcoin.
Bitcoin Hyper positions itself as a Layer 2 solution that combines Bitcoin’s security with modern crypto UX, offering fast, low-cost transactions and SVM-powered dApps.