Quick Facts:

1️⃣ Although $BTC has dropped from $105K from last week’s $124K record high, demand for the #1 crypto remains strong.

2️⃣ But there’s a slight hitch; The Bitcoin network on which $BTC is held is slow, expensive, and has limited capabilities compared to other chains (like Solana).

3️⃣ Bitcoin Hyper has nearly raised $24M on presale owing to being the native token of an upcoming Layer-2 (L2) solution.

4️⃣ The L2 aims to solve Bitcoin bottlenecks by making transactions faster and cheaper, plus introducing smart contract functionality.

Though $BTC is down at $105K compared to its $124K peak just ten days ago, it’s still the crown jewel of crypto. Highlighting the coin’s weight, global governments alone hold a whopping 515,223 $BTC , now valued at roughly $54.50B.

But despi

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