Bitcoin Hyper almost at $24 million after massive whale accumulation Coinstar

The Bitcoin Hyper presale is approaching a major milestone with $24 million worth of $HYPER tokens sold. We saw significant whale activity during the pre-sale, including purchases of $379.9K, $274K, $196.6K, and $145K.

In contrast, Bitcoin has had a rough couple of weeks. Over the past two months, the price of $BTC has peaked above $120K twice, but then plummeted after the rapid decline on October 10th. Although it seemed to stabilize, Bitcoin fell to around $103k today.

Many point to the ripple effects after Trump announced 100 percent tariffs on China, which in turn led to the liquidation of more than $19 billion in leveraged crypto positions. Now the smart money is moving capital out of Bitcoin into smaller crypto projects with higher growth potential, predicting that Bitcoin will eventually recover.

The Bitcoin Hyper project could be the next 1000x crypto if it succeeds in making Bitcoin more attractive to retail and Web3 crypto users. One of the main problems with Bitcoin is that it is slow, which increases transaction fees, and scales poorly when multiple users compete for resources on the blockchain.

This is where Bitcoin Hyper comes into play. It is a Layer-2 project that uses the Solana Virtual Machine (SVM) to process $BTC transactions faster than the Bitcoin network, taking advantage of Solana’s parallel processing capabilities.

Is the Bitcoin network inherently slow?

There is a limit to how quickly each store can be added to the blockchain. When a transaction occurs, it must be confirmed by the network and added to the blockchain, a process that usually takes about ten minutes. However, this is only an ideal case.

Each block has a maximum file size, so any additional transactions that don’t match are queued and added to a later block instead. The current top speed of the Bitcoin network is estimated to be around 7 to 10 transactions per second.

If you’re wondering why your transaction fees are increasing, it’s because there is a bidding war on the Bitcoin network to process priority transactions as more users join the network. This is not a problem if you are a long-term investor in $BTC, but becomes a nightmare if you want to use $BTC for Web3 applications.

The problem is that, according to most blockchain developers, if you want a decentralized blockchain, you have to choose one that is secure or scalable. For Bitcoin Layer-1, security is a top priority – which is why long-term investors prefer $BTC for its solid security guarantees.

However, it is hard to deny the benefits that fast programmable blockchains like Ethereum and Solana have brought to the Web3 world. If Bitcoin could offer similar features, there’s no telling how high the price of $BTC could rise.

That’s the idea behind Bitcoin Hyper, which uses Bitcoin’s Layer-1 as a security guarantee while offloading transactions to an SVM for faster processing. Let’s take a look at exactly how Bitcoin Hyper works.

How does $HYPER solve these problems?

The Bitcoin Hyper network uses the existing Bitcoin blockchain as a trusted ledger from which the SVM reads, serving as the foundation for Layer-2. It accomplishes this through the Canonical Bridge, which holds $BTC in custody while it is being used on the Layer-2 network.

Essentially, you send $BTC to Canonical Bridge and an equal amount is mined for you as wrapped $BTC on Layer-2. You can then use your $wBTC in various dApps or exchange it with other cryptocurrencies, just like any other crypto token, while your $BTC remains safe on Layer-1.

Description: The Bitcoin Hyper infrastructure makes it easy to plug in and withdraw $BTC

These transactions are recorded in a separate temporary ledger on Layer-2, which periodically returns to Layer-1. When you want to withdraw your $BTC, you can simply send a withdrawal request along with the $wBTC you want to spend, and your BTC will be sent back from the Bridge.

By managing all these transactions at Layer-2, Bitcoin Hyper would allow the bitcoin network to scale significantly with more users while putting minimal stress on the actual blockchain.

For more information on how the Bitcoin Hyper network works, you can check out our ‘What is Bitcoin Hyper’ guide.

Why will $Hyper rise?

The Bitcoin network is going through another challenging period. Typically, though, $BTC dips indicate heavy buying activity as whales fill their wallets with cheap Bitcoin, suggesting a potential $HYPER rise as more users begin to test the scalability of the Bitcoin network to its limits.

As the official utility token for Bitcoin Hyper, $HYPER offers a number of features, including lower fees for online trading, as well as access to the Bitcoin DAO and exclusive smart contract capabilities on select dApps within the Bitcoin Hyper ecosystem.

Our Bitcoin Hyper price prediction takes these features into account, along with the overall value of Bitcoin Hyper. We believe that $HYPER could reach as high as $0.02595 if developers successfully implement a working Layer-2 network by the end of 2025.

Further, we expect $HYPER could rise 7.5 times to $0.08625. However, to achieve this goal, the Bitcoin Hyper project should successfully attract a dedicated community by offering incentives for node operators and developers.

In the long term, we expect $HYPER to reach $0.253 if it continues to rise in tandem with BTC. Whales seem to see potential in $HYPER – we’ve already seen purchases of $379.9k, $274k, $196.6k and $145k.

Along with a tidal wave of other purchases, these whale purchases pushed the value of the $HYPER presale to just under $2.4 million, resulting in a presale price of $0.013125. You’ll need to act fast if you want to lock in your tokens at this price – the pre-sale is dynamic, so the price is constantly rising. Any $HYPER you buy now can be invested for up to 49% annual rewards.

Click here for more information on how to buy Bitcoin Hyper.

By Aaron Walker, NewsBTC — https://www.newsbtc.com/news/whales-buy-bitcoin-hyper-1m-presale-1000x-crypto/