Bitcoin Hyper, a new Layer-2 network for Bitcoin, has successfully raised $29.7 million through an initial coin offering (ICO). The network utilizes the Solana virtual machine to enhance transaction speed and employs its native HYPER token for gas fees, aiming to boost utility-driven demand for Bitcoin. Settlements on the network are anchored to Bitcoin's security, ensuring robust protection. Recent studies indicate that Layer-2 networks, like Bitcoin Hyper, are increasingly valuable compared to Layer-1 tokens, particularly in reducing transaction fees and decentralizing economic activities. This development highlights the growing interest and investment in Layer-2 solutions to enhance Bitcoin's scalability and efficiency.