Solana Stuck Below $90 as Bitcoin Hyper Raises $31.3M With SVM Layer 2 on Bitcoin
Solana recently hit resistance at $84, triggering concerns over fading momentum and possible leverage unwinds, while its price struggles to reclaim the $90 region. At the same time, Bitcoin Hyper, a Bitcoin Layer 2 using Solana Virtual Machine technology, has raised $31.3M in its presale at a token price of $0.0136753. On-chain data points to whale accumulation in $HYPER, reflecting a rotation of capital from major altcoins into infrastructure focused on scaling Bitcoin.