Senior trader Peter Brandt has analyzed that Bitcoin could experience significant declines from its current levels. His outlook suggests a potential drop of up to 71%, indicating that the price could fall to around $25,000. Amid these bearish sentiments, the Bitcoin ecosystem is seeking resilience through new technological solutions.
Enhancing Bitcoin Functionality with Layer-2 Technology
Bitcoin Hyper is designed based on a layer-2 architecture to address blockchain scalability issues. Utilizing SVM technology, this solution aims to significantly improve transaction processing speed and compensate for the limitations of the Bitcoin network. The project adopts a dual structure, placing BTC on the payment layer and HYPER tokens on the execution layer, to maximize Bitcoin’s utility within a layer-2 environment.
Presale Performance and Participation
The Bitcoin Hyper presale has demonstrated positive market response. It successfully raised $29.5 million, with over 29,500 participants showing strong interest in the project. This reflects the community’s high expectations for layer-2 technology.
Redefining Bitcoin’s Future Functionality
The layer-2 architecture of Bitcoin Hyper is an attempt to reinterpret the existing functionality of Bitcoin. It aims to transform BTC into a more practical asset through the BTC bridge and to expand adoption by increasing transaction efficiency. Despite price volatility, technological innovation and ecosystem strengthening continue to attract ongoing investment interest.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Expansion of Bitcoin adoption and price volatility... Is a Layer-2 solution the answer?
Rising Bearish Sentiment
Senior trader Peter Brandt has analyzed that Bitcoin could experience significant declines from its current levels. His outlook suggests a potential drop of up to 71%, indicating that the price could fall to around $25,000. Amid these bearish sentiments, the Bitcoin ecosystem is seeking resilience through new technological solutions.
Enhancing Bitcoin Functionality with Layer-2 Technology
Bitcoin Hyper is designed based on a layer-2 architecture to address blockchain scalability issues. Utilizing SVM technology, this solution aims to significantly improve transaction processing speed and compensate for the limitations of the Bitcoin network. The project adopts a dual structure, placing BTC on the payment layer and HYPER tokens on the execution layer, to maximize Bitcoin’s utility within a layer-2 environment.
Presale Performance and Participation
The Bitcoin Hyper presale has demonstrated positive market response. It successfully raised $29.5 million, with over 29,500 participants showing strong interest in the project. This reflects the community’s high expectations for layer-2 technology.
Redefining Bitcoin’s Future Functionality
The layer-2 architecture of Bitcoin Hyper is an attempt to reinterpret the existing functionality of Bitcoin. It aims to transform BTC into a more practical asset through the BTC bridge and to expand adoption by increasing transaction efficiency. Despite price volatility, technological innovation and ecosystem strengthening continue to attract ongoing investment interest.