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Whales continue to buy Bitcoin Hyper-HYPER as subscription exceeds $22 million.

After surpassing $21 million in subscriptions over the weekend, Bitcoin Hyper, the fastest Layer 2 scaling solution on the Bitcoin blockchain, crossed the $22 million mark on Monday.

It seems that the main reason for this success is continued intensive buying operations by whales (large investors), as their desire to buy Bitcoin Hyper has become a notable feature over the past week, reflecting a growing conviction among owners of huge wallets in the feasibility of the project. Continuous purchases and fear of missing out (FOMO) indicate that larger price movements are expected once the subscription phase ends.

As for small investors, tracking whale activity on the blockchain clearly indicates that current prices may represent the best entry points, since Bitcoin Hyper is available for $0.013085 and the current subscription phase is expected to end within a few hours or when the $22.8 million target is reached. We don’t know which will happen first, considering that its price reached only $0.013075 yesterday, which could mean a further price increase in the coming hours.

Whales Invest Millions in Bitcoin Hyper as Its IPO Hits Four Funding Milestones in a Week

Over the past seven days, Bitcoin Hyper IPO has continued to explode the numbers at an accelerating pace; After reaching $18.8 million on September 29, it crossed the $19 million mark, then 20 million to reach $21 million, and finally $22 million on Monday, an increase of $3.3 million in just one week.

These increases are due to the increasing number of large investors (whales) who have joined the buying wave. Last week, one of them purchased 24.6 million Bitcoin Hyper coins worth $327,000, followed by two other investors who purchased a total of 25.65 million coins worth $333,000.

Over the weekend, another large transaction took place, including the purchase of 42.2 million coins worth $560,000, then the most notable purchase took place on Monday when the total Bitcoin Hyper subscription reached $21.6 million, with the whale associated with the address adding
0xDd00D150C7a38aA26b590De42e31C7086F494669 Nearly 20 million more coins worth $273,000 in his wallet.

Source: https://etherscan.io/tx/0xfbad769c0017d0b42cef62d0b1dcbbc70a63d8888d986cfbd42bdfef335384f3

Taken more broadly, all of these indicators point to a clear trend: investors who typically act on deeper insights and accurate data are seeking an early position in a project that has the potential to be one of the most impactful in the next phase of the Bitcoin blockchain’s evolution, particularly in the area of ​​developing hybrid layer 2 applications that combine the speed of… the Solana blockchain and the security of the Bitcoin blockchain.

How does Bitcoin Hyper seek to balance speed and security without compromising decentralization?

The biggest dilemma when designing blockchain networks is finding the balance between security, decentralization and speed. When a network focuses on improving security and decentralization, it often comes at the expense of scalability. Conversely, the search for speed and high transaction processing capacity may lead to compromising certain levels of security or decentralization.

The Ethereum blockchain has made significant progress in this area with layer 2 solutions such as Optimism, Arbitrum, and zkSync that have improved scalability while maintaining core layer security. However, most of these networks still rely on the Ethereum Virtual Machine (EVM), designed for broad interoperability, but limited to sequential processing of transactions rather than parallel processing.

For applications to truly work at scale, they need an environment that combines speed, efficiency, and high processing capacity, which are exactly the characteristics that Bitcoin Hyper aims to achieve upon its full release. As a result, the network runs on the Solana Virtual Machine (SVM), capable of processing thousands of transactions per second in parallel, bypassing the serial limitations of the EVM.

A detailed explanation of how the new Bitcoin Hyper network works

Source: https://bitcoinhyper.com/

Despite the importance of speed, it doesn’t mean much without security, and here the uniqueness of the Bitcoin Hyper solution architecture is emphasized, as its implementation layer is characterized by high speed while remaining linked to the basic Bitcoin Blockchain, which is today the most secure and decentralized in the blockchain world. This unique combination allows the project to combine the best features of both worlds and justifies investors’ interest in following it closely.

The Bitcoin Hyper project will create new functional uses for Bitcoin (BTC).

A new generation of applications based on the Bitcoin Hyper solution could emerge very quickly, especially since its development tools are familiar to most blockchain engineers. Developers can build using Rust-based SDKs and APIs similar to those used on the Solana blockchain, reducing the learning curve and speeding up the launch process.

If network adoption increases, this could lead to a significant percentage of Bitcoin supply being reserved within the project’s main connection bridge (Canonical Bridge), which would reduce the circulating supply and thus increase the value of currencies circulating outside of it.

What is striking about this model is that the reserved Bitcoins do not remain unused; An encapsulated version of this is traded through Bitcoin Hyper solutions applications, for use as a medium of exchange in decentralized finance (DeFi), gaming and digitally represented real assets (RWA) systems.

As these encapsulated copies move between applications, it will generate real functional demand for Bitcoin, transforming it from a simple store of value into an active asset within an interconnected blockchain economy. Even if just 1% of Bitcoin’s supply were transferred to the Bitcoin Hyper network, the resulting value would be in the tens of billions of dollars, especially as its price approaches the $130,000 level.

In this context, investors collect Bitcoin Hyper, as some call it “Bitcoin 2” because it is directly linked to the growth of the network, as it serves to pay gas fees, participate in the mortgage mechanism and govern the network, thus ensuring the proper functioning of the technical system as activity grows on it.

It is this correlation between the liquidity of the Bitcoin Blockchain and the design of the Bitcoin Hyper project that explains the interest of sites like 99Bitcoins and Cryptonews, as well as influencers like CryptoTV and Cilinix Crypto, who have started to discuss the opportunity for a Bitcoin Hyper iteration. (Bitcoin Hyper) The type of early gains that Bitcoin provided in its early days.

Could Bitcoin Hyper IPO Surpass $23 Million This Week?

In light of the rapid developments witnessed by the Bitcoin Hyper project, the IPO continues to attract investors at a steady pace; The current question is whether the subscription proceeds will reach $23 million before the end of this week.

This scenario seems highly likely, given the amounts raised over the last seven days. While the pace of participation is accelerating, it is important to note that the subscription phase will not last long, since it will be closed as soon as the set objective is reached.

Investors can currently sign up for the Bitcoin Hyper subscription and purchase it directly through the project’s website using Solana-SOL, Ethereum-ETH, Tether-USDT, USD Coin-USDC, or Binance. (Binance-BNB) or even buy it with Visa and MasterCard.

You can also increase your holdings by pledging your balances purchased through the project’s exciting Mortgage Protocol, which offers an attractive Mortgage Yield (APY) currently reaching 51% per annum, considering that approximately over 1 billion Hyper Bitcoins have been pledged.

To ensure a smoother shopping experience, Best Wallet, which is one of the best crypto wallets currently available, has included Bitcoin Hyper in the list of upcoming tokens, making it easier for you to purchase the currency, track its balances, and collect your balances once the project is launched. You can also join the project community. By following his accounts on the X platforms (formerly Twitter) and Telegram to follow the latest developments.

To visit the official Bitcoin Hyper website, click here

The post Whales Continue to Buy Hyper-HYPER Bitcoin, With Subscriptions Topping $22 Million appeared first on Cryptonews Arabic.

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