Bitcoin Hyper (HYPER) has successfully raised over $15 million in its ongoing presale, with $200,000 collected in just the last 24 hours. The project, billed as Bitcoin's fastest Layer-2 in development, aims to combine Solana's execution speed with Bitcoin's settlement layer security.
The HYPER token is currently available at $0.012895 per token, though this price is set to increase in less than 35 hours. The project utilizes a Canonical Bridge system where users deposit BTC to receive wrapped BTC on the Hyper Layer-2, enabling faster transactions and full programmability while maintaining Bitcoin's base security.
Notably, established crypto education platform 99Bitcoins (with over 720,000 YouTube subscribers) has spotlighted HYPER as a promising token. The project's technical approach involves using commitments, state roots, and proof systems to anchor Hyper's state to Bitcoin Layer-1, ensuring Solana-level speed while maintaining Bitcoin as the final arbiter of trust.
The timing coincides with Bitcoin's recent performance, with BTC up over 5.5% in September and breaking past the key $113K resistance level. Meanwhile, Sub-Saharan Africa has emerged as crypto's third-fastest growing region globally, with over $200B in on-chain volume in the past year, creating potential adoption opportunities for Bitcoin Hyper's borderless, inflation-resistant design.