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Bitcoin has traded lower over the past 24 hours, sliding to $84,400 after a 5% drop. Ethereum has also pulled back and is now trading at around $2,800. The total crypto market cap has dropped in a Thursday flash crash to around $2.85 trillion.
Even as crypto prices decline, the market for crypto presales has continued to grow. These projects offer high-risk, high-reward exposure, as they give investors the opportunity to buy in at lower prices before tokens receive public market liquidity.
Analysts have made bullish projections on Bitcoin Hyper (HYPER), an upcoming Layer 2 (L2) solution for the Bitcoin main chain that’s still in its presale phase. It has already raised more than $31 million, making it a top choice as the best altcoin to buy.
Bitcoin Dominance Stays Elevated Amid Price Corrections
While the overall crypto market cap has slipped by around 5% over the past 24 hours, Bitcoin dominance remains at 58.8%, showing how BTC holds the majority of crypto liquidity.
On social media, despite the current uncertainty, different Bitcoin price narratives have been spreading. One X post by analyst Crypto GEMs claimed that BTC will soon rally as hard as silver, which has climbed over 60% since the start of the year.
Do you understand???$BTC will follow #Silver very soon
Enjoy the pump
— Crypto GEMs 📈🚀 (@cryptogems555) January 28, 2026
Whether or not Bitcoin can follow in the footsteps of the rare metal, the post shows that investors eagerly await the next bullish catalyst for the world’s most popular crypto. If BTC sentiment remains positive, infrastructure projects that build on Bitcoin would see a more organic increase in demand.
One of the cryptocurrencies analysts believe could benefit from a Bitcoin breakout is Bitcoin Hyper, which creates more opportunities for BTC.
Bitcoin Hyper: The L2 That Can Make BTC More Efficient
Bitcoin Hyper’s main purpose is simple: to increase BTC’s usability through a secure, high-performance L2. It works by allowing users to deposit their Bitcoin through a decentralized bridge, then the Layer 2 will mint a wrapped version of BTC with the speed of Solana and smart contract compatibility. All transactions are settled back to the Bitcoin main chain for maximum security.
As outlined in the project’s whitepaper on the site, Bitcoin Hyper has an integrated Solana Virtual Machine (SVM) for high-speed, low-cost transactions, solving the two pain points that prevent Bitcoin from being used as a daily currency.
Recently, crypto expert Alessandro De Crypto covered Bitcoin Hyper in a YouTube video, calling HYPER one of the most anticipated presales of 2026, especially with its early-stage traction.
If HYPER can follow the trajectory of other Layer 2s such as Optimism and Arbitrum, which have market caps of $550 million and $950 million, respectively, then early holders can see massive upside. For context, catching up with Optimism’s market cap would see HYPER’s value rise by around 1700%.
Layer 2s make their base layers work more efficiently, and with Bitcoin Hyper tackling problems for the largest crypto – and Bitcoin’s market cap measuring $1.7 trillion – there is a massive opportunity for a Bitcoin-based Layer 2 to enter the top 50 crypto by market cap.
Major exchange listings are expected in the coming months, and the Bitcoin Hyper team has assured the community that an exchange listing will be announced during Q1 2026.
Bitcoin Hyper Prepares for an Explosive Token Launch
The Bitcoin Hyper presale has already brought in over $31 million, with HYPER priced at $0.013655. The initial listing price has already been set at $0.013675, so buyers can secure presale tokens at a discount.
As for investors’ bullish price predictions for Bitcoin Hyper, the project will need to pursue aggressive adoption to enable buyers to achieve 1700% returns. But if Bitcoin dominance remains high and the broader market rallies strongly, Bitcoin Hyper could outperform even established altcoins.
