Bitcoin Hyper’s $28M Presale Targets Bitcoin’s DeFi and Scalability Gaps

Summary of Key Points:

Bitcoin faces limitations in DeFi due to slow throughput, high fees, and lack of smart contracts.
Bitcoin Hyper aims to address these issues by creating a Layer-2 solution using Solana Virtual Machine (SVM), a canonical bridge, and zero-knowledge proofs for fast, low-fee, programmable Bitcoin transactions.
The $HYPER presale has raised over $28M at a price of $0.013295, with approximately 41% staking rewards and notable early participation.
Potential upside scenarios suggest significant gains from presale levels if milestones and listings are achieved, though risks remain substantial.
Bitcoin Hyper enhances Bitcoin's functionality by allowing it to operate like a modern settlement layer with high security and flexibility through off-chain transaction execution.
SVM compatibility facilitates the deployment of dApps similar to those on Solana, integrating Bitcoin into the broader DeFi ecosystem.
The project's success depends on competition, execution risks, and market volatility.

Bitcoin Hyper L2 technology explained.

Overall, Bitcoin Hyper represents an attempt to evolve Bitcoin's role in the DeFi space by leveraging Layer-2 technology.