What to know:
- The easing of trade tensions between the United States and China, along with possible institutional inflows, indicate a positive November outlook for Bitcoin.
- As macroeconomic tailwinds ignite investor optimism, Bitcoin Hyper, a Layer 2 solution, emerges as one of the next 100x cryptocurrencies as it aims to bring speed, scalability and innovation to Bitcoin’s Layer 1.
- The project has already raised $25.6 million in its pre-sale, indicating growing investor conviction in its long-term potential. Early buyers expect a 553% increase if price predictions come true.
Despite Uptober rumors about Bitcoin that circulated early last month, the coin’s performance was disappointing. Trade tensions between the United States and China triggered a massive market crash on October 10, and $BTC, which had touched an ATH of $126,000, fell to $103,000 within a week.
However, true to its well-known resistance, Bitcoin was one of the first to recover, consolidating near $110,000. Then came the 25 basis point rate cut by the Federal Reserve, which caused the BTC dollar to fall slightly again, but traders are not too worried as $BTC falls after FOMC meetings historically they have been followed by demonstrations.
That said, trade tensions between the United States and China have also eased under President Trump and President Xi. agree on a commercial framework in a face-to-face meeting in Busan.
The market absorbed the news and reacted positively, sending $BTC up modestly to $111,000. At press time, $BTC is trading at $107,000.
That said, optimism remains high among Bitcoin holders this November.
With Strategy Saylor hinting With $BTC potentially buying soon, traders hope new institutional inflows will put crypto back in control this November.
At the same time, investors are looking for emerging altcoins with strong upside to take advantage of the next Bitcoin bull run.
Why the Bitcoin blockchain needs an update
Bitcoin is the spark that ignited the $3.64 trillion crypto revolution, and its 59.6% market dominance continues to make it one of the most trusted cryptocurrencies globally. However, Bitcoin has several problems:
- Slow transaction speed as The network now processes around 2 to 10 tx/s. unlike Solana’s 800-1200 tx/s.
- Starting November 2nd, Bitcoin’s average confirmation time is 34.10 minutes, compared to Solana’s 400 to 600 milliseconds. Poor performance and slow confirmations have made daily Bitcoin payments a hassle for its users.
- The slowness of the network creates congestion, so users compete for limited block space, driving up fees for even small-value transactions.
- Bitcoin’s rigid architecture lacks native support for smart contracts and dApps, making the Bitcoin blockchain impractical for modern DeFi needs.
By now it’s pretty clear: while Bitcoin is a great store of value and hailed as digital gold, its blockchain continues to crush it with inherent limitations.
So is there a way for $BTC holders to step up their game?
Bitcoin Hyper ($HYPER): A Layer 2 Leap Forward for the World’s Oldest Blockchain
Any network that aspires to dominate DeFi must master three core areas. Bitcoin Hyper stands out as a clear winner on all fronts.
1. Speed
The project will be integrated with Solana Virtual Machine (SVM) – the DNA behind Solana’s ultra-fast transactions – to deliver unbeatable speed to $BTC users.
While the current Bitcoin network processes transactions sequentially, the SVM integration will process thousands of transactions in parallel, enabling high-performance smart contracts and scalable dApps within the Bitcoin ecosystem.
2. Cross-chain scalability/operability
Bitcoin Hyper will use a Canonical Bridge to offer seamless cross-chain operation.
Once you deposit $BTC into Canonical Bridge, you generate an equivalent amount of $BTC wrapped at Layer 2. These tokens are your key to trading in DeFi, purchasing NFTs, or interacting with dApps.
You can withdraw your $BTC to the main chain at any time using the same bridge. Therefore, once you join, you are not trapped in the $HYPER ecosystem.
3. Security
And the best part is that Bitcoin Hyper L2 is protected by Bitcoin’s ironclad security at all times. The L2 will bundle mainchain transactions, compress them into succinct zero-knowledge proofs, and commit them to the Bitcoin base chain.
Learn more about the process in our “What is Bitcoin Hyper?” guide.
At the center of this scalable, ultra-fast and secure ecosystem is $HIPERthe native token that powers everything inside. With $HYPER in your wallet, you can:
- Pay instantly for transactions with almost zero fees
- Access a full suite of DeFi tools, from staking, trading, lending, yield farming, and more.
- Unlock native smart contracts and decentralized applications
- Participate in ecosystem governance.
Additionally, the project plans to build a unified web and mobile dashboard for users, with seamless wallet integrations that enable seamless interaction with dApps across devices.
Here’s how to buy $HYPER in 4 easy steps.
$HYPER Pre-Sale Heats Up: Early Investors Anticipate Explosive Gains
Hyper Bitcoin It has already attracted attention by accumulating 25.6 million dollars in its pre-sale. Whale purchases have fueled much of this success, with one whale worth $HYPER $93,000 just two days ago.
A $HYPER today stands at $0.013215 with a juicy staking APY of 46%. If our $HYPER prediction comes true, one token could rise to $0.08625 by 2026.
That means a $500 investment in $HYPER today could grow to $3,265 in one year, an increase of 553%. And that’s an advantage only when compared to price appreciation.
Remember, you can also earn passive income by staking your tokens.
With the next price jump just a day away, now is the time to get your hands on $HYPER before the pre-sale takes off!
Secure your $HYPER and join the Bitcoin revolution.
Written by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/bitcoin-hyper-fixing-bitcoin-why-whales-invested-millions
