Fed Economist with Pro-Bitcoin Views Appointed by Trump, Raises Cryptocurrency and Bitcoin Enthusiasm
Bitcoin Hyper, a Layer 2 scaling solution, promises to make Bitcoin transactions faster, cheaper, and more scalable while maintaining the security of the Bitcoin mainnet. The project achieves this by allowing users to lock their BTC on the Bitcoin base layer and mint an equivalent amount of BTC on Bitcoin Hyper’s Layer 2, where transactions occur much more quickly and with lower fees.
Addressing Bitcoin's Scalability Challenges
Bitcoin Hyper addresses Bitcoin’s scalability challenges—namely, its low transaction throughput of about 7 transactions per second (TPS)—by implementing several advanced technologies:
- A Canonical Bridge that securely connects Bitcoin’s mainnet with Bitcoin Hyper Layer 2, enabling users to deposit BTC into a contract on Bitcoin, which locks the coins and mints wrapped BTC on Layer 2. This bridge is decentralized and noncustodial, avoiding centralization risks common in wrapped BTC solutions.
- Use of zero-knowledge rollups and batch verification similar to Ethereum’s top Layer 2 networks to validate many transactions efficiently without compromising security or privacy.
- A Solana Virtual Machine (SVM) integration, bringing the speed and programmability of Solana’s smart contracts to Bitcoin’s Layer 2. This allows for the execution of decentralized apps (dApps), DeFi protocols, and tokens at Solana-level speed, significantly enhancing Bitcoin’s functionality beyond simple payments.
- Proof-of-Stake consensus on the Layer 2 chain, making the network energy-efficient while supporting sub-second transaction finality and scalability.
Notable Developments
In other news, Donald Trump announced the appointment of Stephen Miran to the Federal Reserve Board, signalling a potential shift toward looser policy, which could benefit Bitcoin. Miran, the current Chairman of the Council of Economic Advisors, will serve until January 31, 2026.
Meanwhile, Bitcoin Hyper's native currency, $HYPER, has raised over $7.7M during its presale since its launch on May 16, 2025. $HYPER can be purchased on presale for $0.012575, and it's anticipated to reach $0.32 upon the launch of its mainnet, potentially offering gains surpassing 2,445%.
The surge in demand for Bitcoin Hyper might alleviate congestion issues on the Bitcoin network, as the project aims to fix these problems by batching transactions off-chain and settling them efficiently. However, Bitcoin network fees can spike above $128 during periods of peak demand, which could strain the network.
ProShares' BITO, the only futures ETF in the top 10, posted the highest turnover rate at 9.31%. This indicates a high level of trading activity, which could be a positive sign for the overall health of the Bitcoin market.
As always, it's essential to remember that this article is for informational purposes only. It is not investment advice, and you should always do your due diligence and never invest more than you’d be sad to lose.
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In the context of Bitcoin Hyper's advancements, one might consider investing in technology solutions that leverage these developments to enhance the scalability of Bitcoin transactions. As a result, technology-focused investors could find opportunities in projects like Bitcoin Hyper, which utilizes zero-knowledge rollups, batch verification, Solana Virtual Machine integration, and Proof-of-Stake consensus.
By addressing Bitcoin's scalability challenges through implementing these advanced technologies, Bitcoin Hyper could potentially increase the efficiency of the Bitcoin network, reducing transaction fees and improving overall user experience. This progress may ultimately attract more investors interested in finance and exploring avenues for investing in blockchain technologies.
