$BTC is the world’s largest crypto, commanding an eye-boggling 58.6% of the entire market.
Just yesterday, it hit its pinnacle at $124K, setting a new ATH. Its rise came on the heels of mounting speculation that the US Federal Reserve will slash interest rates in September.
Naturally, macroeconomic tailwinds like this boost demand for risk assets like $BTC.
But as $BTC continues to attract attention, can the Bitcoin network handle the workload? A glimpse at its track record suggests no.
Don’t worry, the Bitcoin Hyper ($HYPER) Layer 2 solution is gearing up to deliver the solution – and it’s just $300K shy away from raising $10M on presale.
Fed Rate Cut Odds Hit 92.5%, Perk Up $BTC
According to CME’s FedWatch tool, markets are pricing in a 92.5% probability that the Fed will cut interest rates by a quarter-point to 4%–4.25% – the first reduction since December 2024.
Typically, lowering borrowing costs pushes investors toward higher-yielding, risk-on assets, like $BTC – after all, it’s the world’s largest crypto, with a $118K price tag.
It’s just one piece of a much bigger bullish picture for $BTC. For instance, US-listed spot Bitcoin ETFs collectively hold a whopping $170.22B in assets.
BlackRock’s iShares Bitcoin Trust (IBIT) alone manages a sizable $86.83B.
Such a surge in institutional capital reduces the amount of $BTC readily available and attracts HODLers – both of which underpin the likelihood of $BTC rising to even greater heights.
And then there’s the US’s pro-crypto stance. Recent legislative moves, like the ‘GENIUS Act’ and ‘Clarity Act,’ are set to significantly improve clarity behind digital assets.
Also paving the way for Web3 innovation is ‘Project Crypto,’ an initiative that aims to modernize securities laws.
Given that major crypto companies like Ripple, Coinbase, and Kraken have all all been hit with SEC lawsuits over allegedly offering unregistered securities, such a shift is long overdue.
Not to mention the US Bitcoin Reserve. It’s designed to secure the US’s leadership in the crypto sector, all while serving as a potential hedge against economic instability.
Highlighting its weight on $BTC’s trajectory, when Treasury Secretary Scott Bessent suggested the government wouldn’t be purchasing any more $BTC, it wiped out roughly $55B from $BTC’s market cap.
Nevertheless, he later clarified on X that the Treasury remains committed to pursuing ‘budget-neutral pathways’ to grow its $BTC holdings. After doing so, $BTC recovered and lifted the broader market alongside it.
Such developments strengthen $BTC’s outlook; they encourage institutional adoption and provide a strong anchor of market confidence, even during periods of volatility.
What remains to be seen, however, is if the Bitcoin network can scale to meet the highly anticipated surge in activity ahead.
Bitcoin Faces Scalability & Smart Contract Woes
Bitcoin’s network isn’t built for speed. It can only handle around 7 transactions per second (tps). Compare that to Ethereum’s 15–30tps and Solana’s 1K tps, and you can soon see where it lacks.
With Bitcoin’s block size being capped at 1MB and its 10-minute block time limit, transaction throughput often drives up fees during peak demand.
In stark contrast, Ethereum benefits from faster block times (around 12 seconds) and a dynamic block size mechanism. As shown in the cart, its average block size has climbed to around 123,024 bytes.
This adaptability allows Ethereum to maintain higher throughput, better handle network demand, and support a diverse ecosystem full of DeFi protocols, dApps, and NFTs.
Bitcoin, however, was designed solely for security. In turn, it cannot natively support complex smart contracts or host large-scale DeFi and NFT ecosystems, like Ethereum.
As a consequence, Ethereum has the largest Total Value Locked (TVL) at $94.356B, over 91% more than Bitcoin’s $7.63B.
These are precisely the issues that Bitcoin Hyper aims to solve.
Bitcoin Hyper Layer 2 to Give Bitcoin a Much-Needed Upgrade
Set to go live this quarter, Bitcoin Hyper aims to solve the Bitcoin network’s pain points by making it faster, cheaper, and DeFi-friendly.
Its approach is simple yet powerful: batch transactions off-chain and settle them on Bitcoin’s base layer. Doing so would reduce competition for block space, slash fees, and deliver near-instant confirmations.
Plus, it’ll integrate with the Solana Virtual Machine (SVM) to finally bring smart contract functionality to Bitcoin. Then, the network can open the doors to DeFi protocols, dApps, and even the best meme coins.
A Canonical Bridge will verify the SVM smart contracts, plus mint wrapped $BTC on the Layer 2 for use across DeFi platforms.
And all will be achieved without compromising security. Bitcoin Hyper pledges to use Zero-Knowledge Proofs (ZKPs) for fast, trustless transaction verification. This will also be instrumental in ensuring that the Bitcoin blockchain doesn’t get clogged up.
Bitcoin Hyper Presale Nears $10M Amid $BTC Demand
With macro tailwinds, institutional demand, and pro-crypto policy already driving $BTC to rosier pursuits, the need for a network upgrade has never been more necessary.
Bitcoin Hyper is poised to launch at the perfect time, supercharging the Bitcoin network as global adoption of $BTC takes off.
To get the most out of the Bitcoin Hyper ecosystem (lower fees, governance rights, and 112% staking rewards), buy $HYPER on presale for $0.012725.
It’s already raised over $9.7M on presale and shows no signs of slowing down.
This isn’t investment advice. DYOR and never invest more than you’d be sad to lose.
