Bitcoin Hyper Presale Nears $14M Amid Analyst Call for $190K BTC

 

Bitcoin (BTC) has struggled to break higher over the past week, moving just 0.6% and holding around $111,940 as of writing. Despite this, one popular analyst on X has argued the next target sits far higher at $190,000. A number of catalysts could support such a move, from Bitcoin ETFs now nearly rivaling gold to a new avenue for demand emerging through+

Touted as the Bitcoin blockchain’s fastest Layer-2, Bitcoin Hyper integrates the Solana Virtual Machine (SVM) to deliver unmatched speed and execution. The result is an ecosystem capable of powering applications once thought impossible on Bitcoin’s base chain and potentially a major driver of utility demand for BTC itself.

Early backers have already contributed nearly $14 million in presale funding. The current round prices HYPER at just $0.012855 per token, but with less than 24 hours before the next scheduled increase, this may be one of the final chances to secure allocation at this level.

Analysts Eye $190K–$200K Bitcoin in the Next 6 to 12 Months

The case for a $190,000 price tag for BTC came from CryptoELITES on X, who sees the $111,000 level as a solid support zone that could set up Bitcoin’s next leg higher.

While CryptoELITES didn’t lay out an exact timeline, the weekly chart suggests a potential path. From $75,000 to the next leg up took roughly five months, and if history rhymes, the projection lines imply Bitcoin could reach $190,000 before the end of the year.

Ultimately, demand sustains higher prices. Beyond Bitcoin’s traditional investment story, that demand is set to get a hyperboost from an entirely new source

Early investors continue to put hundreds of thousands in capital into the project daily as they anticipate the ecosystem’s role in reshaping how Bitcoin is used.

If Bitcoin Hyper succeeds in powering a massive ecosystem built on utility rather than passive storage, that fresh demand could complement Bitcoin’s store-of-value role and accelerate its rise.

As BTC gets locked into Bitcoin Hyper’s applications and bridge, the circulating supply grows scarcer, making each coin held on the open market increasingly valuable.

The Mechanics That Make Bitcoin Useful at Scale

Bitcoin Hyper’s breakthrough starts with its Canonical Bridge. Users can lock their BTC on that bridge and mint wrapped versions inside the Hyper ecosystem. In effect, it tightens the circulating supply on the base chain while giving that same Bitcoin new life as a utility asset on Layer-2.

Once wrapped, Bitcoin moves at lightning speed through the SVM, unleashing applications the base chain could never support. That means not only faster payments, but also a new wave of DeFi platforms, NFT markets, gaming dApps, and even tokenized real-world assets (RWAs). Plus, with SPL-compatibility baked in, developers can port over Solana dApps with minimal friction, instantly broadening Bitcoin’s ecosystem.

And unlike Ethereum, where multiple L2s already compete for attention, Bitcoin Hyper is carving out the first high-performance L2 environment for Bitcoin, which opens the world’s most trusted blockchain to its own arena for scale.

For users, the flow stays straightforward: deposit Bitcoin, use wrapped BTC across apps, then burn it to unlock native BTC back on Layer-1 whenever they want. Security also never takes a backseat, as finality is anchored directly to Bitcoin’s proof-of-work.

The result is a blockchain that combines Bitcoin’s security with Solana’s speed and scalability, extending Bitcoin’s reach far beyond its limit of being just digital gold.