Excerpt: Bitcoin’s evolution into a yield-bearing asset through staking protocols could boost $BTC prices, creating new opportunities for the Bitcoin Hyper project, which aims to improve Bitcoin’s speed limitations.
Bitcoin has long been viewed mainly as a store of value, but an increasing number of investors are locking up their $BTC to earn interest. These time-based contracts are fundamentally changing how the market functions by reducing liquidity, which could lead to a surge in the price of $BTC over the long term.
Many of these contracts are driven by the Babylon protocol, which utilizes native scripts embedded in the Bitcoin network to handle custody without requiring off-chain deposits or wrapped coins. Currently, around 57K $BTC are staked using Babylon’s self-custodial solution.
Greater investment in Bitcoin just because it offers strong yields is already a bullish case for $BTC. However, if the number of users staking $BTC increases, it could also have an interesting effect on the existing $BTC that might amplify the market impact pump.
Currently, the $BTC circulating supply is estimated to be around 19.8M. Every additional 50K BTC staked reduces the available free-float supply available for trading by approximately 0.25%. However, it’s estimated that the illiquid supply of $BTC is actually around 14.4M.
If these staking trends continue, it should create a supply squeeze on $BTC as institutions and retail traders battle over the remaining supply, potentially driving the price up in the process. That could create huge success for Bitcoin Hyper ($HYPER), which offers a solution to Bitcoin’s scalability issues.
$HYPER is the official token for Bitcoin Hyper, a project revolutionizing how the Bitcoin network functions through a Layer-2 solution powered by a Solana Virtual Machine.
Bitcoin has proven its value as a store-of-value asset, but the Bitcoin network itself isn’t built to support long-term staking for yields. As more users join the network, congestion rises – causing traders to raise their transaction fees to incentivize miners to process them quicker.
Unfortunately, there’s a hard limit on the speed of the Bitcoin network – we suspect it can only process around 7-10 transactions per second. This becomes especially problematic when many transactions are triggered simultaneously by time-delayed contracts, causing huge fee spikes during busy periods moments.
Bitcoin Hyper’s SVM-powered infrastructure should reduce some of this pressure by tracking $BTC trades in a separate ledger that is periodically committed back to the main chain. It’s managed by a Canonical Bridge, which holds $BTC in custody on a Layer-1 while you use wrapped $BTC on a Layer-2.
This means you can move your Bitcoin without waiting ten minutes for a block to confirm, and Solana’s lightning-fast parallelism keeps your transaction fees low. Adding a SVM also enables smart contract support, allowing you to swap crypto, trade NFTs, and use dApps with $BTC.
It all keeps running thanks to $HYPER. Holding it brings the fees down when you swap crypto or run smart contracts on the Bitcoin Hyper network, so you can get the most out of your $BTC.
You should hold a solid amount of $HYPER to participate in the DAO. It grants you voting rights on new network proposals, letting you voice your opinion on the direction of the Bitcoin Hyper project.
Additionally, developers on the Bitcoin Hyper network can restrict certain features so only $HYPER holders can access them. This guarantees that $HYPER will remain in high demand even after the Bitcoin Hyper network launches, as it will be the only way to experience the full Bitcoin Hyper ecosystem.
There’s still time to get your $HYPER at a low price, but you’ll need to act fast. The presale price of $HYPER is currently $0.013155 after raising $24.5M in token sales. Don’t wait – it’s a dynamic presale, so that price won’t last long forever.
Purchase $HYPER today and receive up to 48% in staking rewards per year.
