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BULLISH 📈 : Bitcoin Hyper raises $31M integrating Solana speeds with Bitcoin security
The Reserve Bank of India (RBI) is advancing the e-rupee (CBDC) for cross-border interoperability, moving away from outdated banking systems. This change aims to reduce settlement times from days to seconds and lower transaction costs.
- India is in talks with various jurisdictions to establish direct CBDC connections.
- Major economies are recognizing the efficiency gap in traditional cross-border payments.
- Blockchain solutions offer continuous operation, unlike traditional systems.
Bitcoin's integration with Solana speeds through Bitcoin Hyper addresses scalability issues by incorporating the Solana Virtual Machine (SVM) into a Bitcoin Layer 2 framework.
- Bitcoin Hyper enables sub-second transaction processing linked back to the Bitcoin mainnet.
- This allows developers to create complex dApps using Rust without main chain congestion.
- Bitcoin Hyper transforms Bitcoin into a programmable network capable of high transaction volumes.
The market is shifting towards scalable infrastructure, as seen in Bitcoin Hyper's successful funding, raising over $31M. Investors see potential in Layer 2 solutions as essential developments.
- The token, priced at $0.013675, represents an entry point before the mainnet launch and exchange listings.
- High APY staking options post-Token Generation Event (TGE) encourage long-term participation.
- A structured vesting period aims to reduce volatility and foster sustainable growth.
This summary is informational and not financial advice. Investors should conduct due diligence when considering cryptocurrency investments.