
Bitcoin is sitting at $80,066 USD ($109,087 CAD) right now - touching that level for the first time since January 31st. Three months of fighting to get back here.
Anyway. Something caught my eye this week. A project called Bitcoin Hyper ($HYPER).
Bitcoin processes about 7 transactions per second. Seven. Your Visa card does thousands. That gap has been the knock on Bitcoin for years when it comes to DeFi, gaming, or anything needing speed.
Bitcoin Hyper is a Layer 2 built on top of Bitcoin using the Solana Virtual Machine instead of the Ethereum setup most other Bitcoin L2s use. SVM runs transactions in parallel - not single file - with Rust-based smart contracts that have memory safety baked in from the start. There is also a decentralized bridge so you can move real BTC in and out without a middleman sitting in the middle.
Presale has pulled in around $29-31 million already. Pre-launch valuation sitting near $283 million. Worth a look. Mainnet was supposed to go live Q3 2025 - verify that before doing anything with your money.
BTC TECHNICAL SNAPSHOT
Support: $75,000 - that is the floor the bulls need to hold. Lose it and $73,000 gets tested next.
Resistance: $80,000 is the wall right now. A clean daily close above it opens the door toward $84,000-$85,500.
200-day MA sits around $82,000 - that is the big one. Traders watch that like a hawk. Above it and sentiment shifts. Below it we are still in recovery mode.
Short version for newer folks: we are knocking on a door. If it opens, the next room is a lot higher.
Not financial advice. Do your own research before putting money into anything crypto. Especially presales.
#Bitcoin #BTC #BitcoinL2 #CryptoCanada #HYPER

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