Bitcoin News Today: Bitcoin Hyper Surges to $4.3M Presale as 214% APY Attracts Investors

Bitcoin Hyper, a project aiming to enhance Bitcoin’s scalability through a Layer 2 solution powered by the Solana Virtual Machine, has raised over $4.3 million in its token presale and is approaching a $5 million milestone. The initiative seeks to address Bitcoin’s long-standing issues with slow transaction speeds and high fees by enabling off-chain transactions, allowing users to transfer BTC instantly and at minimal cost. The project’s canonical bridge facilitates this process by verifying transactions on Solana’s blockchain and minting equivalent BTC on its Layer 2 network, ensuring synchronization with Bitcoin’s Layer 1. Security features include zero-knowledge proofs and audits conducted by Coinsult and SpyWolf, which validate the platform’s transparency and safety [1].

The $HYPER token, central to the ecosystem, is priced at $0.012375 during the presale, with future price adjustments anticipated. Token holders can stake their assets to earn an annual percentage yield (APY) of 214% over two years, subject to terms and conditions. The platform’s utility extends to facilitating BTC transactions within its network, offering a scalable alternative to traditional Bitcoin transfers. The project’s rapid fundraising pace—$300,000 per day—suggests growing investor interest, with the presale expected to reach $5 million by the end of the week [1].

Bitcoin Hyper’s technology leverages the Solana Virtual Machine to verify block holders and transaction proofs, ensuring seamless interoperability between layers. Users deposit BTC into a designated address linked to the canonical bridge, which then mints equivalent BTC on the Layer 2 network for instant transfers. Withdrawals undergo a validation process to return BTC to Layer 1. This approach mitigates Bitcoin’s scalability challenges while maintaining security, making it a notable contender in the 2025 altcoin market. The project’s roadmap highlights further milestones, with details available on its official website.

While the presale’s momentum underscores Bitcoin Hyper’s potential, participants are advised to conduct independent research and assess their risk tolerance. The project’s high-growth strategy, combined with its innovative use of Solana’s infrastructure, positions it as a focal point in the evolving crypto landscape.

Source: [1] [Bitcoin Hyper Reaches $4M Milestone — A Notable Token Presale This Season] [https://www.cryptoninjas.net/news/bitcoin-hyper-reaches-4m-milestone-a-notable-token-presale-this-season/]