Bitcoin Hyper: A Whale splashed out $830,000 to buy up this BTC+Solana hybrid project. What is its background?

2025-11-05 19:20:18

【Coin World】Bitcoin Hyper is quite a wild project - it directly moves the Solana development environment to the Bitcoin settlement layer. In simple terms, it uses Bitcoin as a security backing to run high-speed applications at the Solana level.

Technically, it relies on standardizing the bridge to lock BTC, and then minting wrapped tokens to play in scenarios like DeFi and blockchain games. The HYPER token is responsible for daily expenses: paying gas, staking, and governance voting, the standard three-piece set.

Recently, the on-chain data has been quite interesting. A whale directly spent $833,000 to sweep 62.2 million HYPER, and such large buy orders usually don't come without reason. The presale is still open, and staking can yield an annualized return of 45%. More than 1.16 billion tokens have already been locked in—this liquidity lock-up rate indicates that early adopters are quite optimistic about the future.

Institutional funds have started to focus on this type of BTC Layer 2 solution, as the Bitcoin ecosystem has always lacked a high-performance execution layer.

BTC-2.27%

HYPER-5.38%

SOL-4.2%

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