Bitcoin Hyper ($HYPER), a Layer-2 scaling solution for Bitcoin, has raised nearly $14 million in its ongoing presale, signaling strong investor interest in enhancing Bitcoin's capabilities. The project aims to address Bitcoin's limitations—such as lack of native smart contracts, dApps, and DeFi scalability—by building a high-speed L2 chain compatible with the Solana Virtual Machine (SVM).
Key features include a canonical bridge for wrapping BTC into the L2 ecosystem, enabling fast transactions, staking, and decentralized applications. The presale token price is currently $0.012855, with over $13.7 million raised. Audits by Coinsult and SpyWolf have validated the project's security, boosting credibility.
Meanwhile, Bitcoin itself has seen institutional adoption from firms like Mastercard and JP Morgan, with mining companies like Riot Platforms and CleanSpark reporting increased production amid rising demand. Bitcoin's price recently hit an all-time high of $123K in July 2025 and is currently consolidating, with technical analysis suggesting a potential breakout toward $125K.