Bitcoin Surges Past $112K; Bitcoin Hyper's Fast L2 Solution Gains Traction
Bitcoin has been steadily climbing since late 2024, with investment firm VanEck reaffirming its $180,000 year-end price target. Analysts are optimistic, pointing to bullish trends and institutional interest. Meanwhile, a new Layer-2 solution, Bitcoin Hyper, is gaining attention for its fast and cheap transactions, with its native token, $YPER, seeing significant staking and a high APY.
Bitcoin Hyper aims to be the fastest L2 scaling solution for Bitcoin, connecting it with Solana technology. It enables fast, low-cost transactions, DeFi protocols, and dApps on Bitcoin using a canonical bridge. The project is currently in presale phases, with gradual token releases planned but no fixed full public launch date set. The current bitcoin price is $112,137, up by 2.34% in the last 24 hours and 3.33% on a monthly level.
The $HYPER token plays crucial roles in governance, gas fees, staking, and powering activity across the network. Over 830 million tokens are staked, with an APY of 63%. The $HYPER presale launched in May at a starting price of $0.0115, securing over $100,000 in the first 24 hours and raising over $18.8 million to date.
Bitcoin continues its upward trajectory, with renewed intensity pushing it past $112K and setting sights on a bold $180K target by the end of 2025. Bitcoin Hyper, with its fast and cheap transactions, is capturing attention as a promising Layer-2 solution, unlocking new possibilities in DeFi, NFTs, and gaming. The success of its presale and high staking APY indicate strong investor interest in $YPER.
