XRP Faces ETF Freeze as Bitcoin Hyper Raises $9M for Lightning-Fast Layer-2 Launch

Layer-2 innovations like Bitcoin Hype

August 16, 2025 — While XRP’s long-awaited ETF inclusion faces fresh regulatory hurdles, a new wave of crypto projects is stealing investor attention.

The SEC recently halted Bitwise’s 10 Crypto Index ETF, which included XRP, marking the second ETF freeze this month. This has triggered jitters across the market, especially among short-term bulls banking on an ETF catalyst.

Despite XRP’s strong fundamentals and RippleNet’s global adoption, analysts warn that newer projects may outpace it in growth.

One standout is Bitcoin Hyper ($HYPER) — a Layer-2 solution built on Bitcoin but optimized for Solana’s speed.

The project has already raised $9 million in presale funding and launched its devnet, offering near-instant transactions, DeFi tools, and meme coin support.

Why It Matters

  • XRP’s legal clarity is still pending, and ETF delays may slow institutional inflows.
  • Bitcoin Hyper offers a fresh execution layer for BTC, bridging it into fast dApps using ZK proofs.
  • Investors are shifting toward Telegram-native bots, meme coins, and Layer-2 innovations.

Market Snapshot

  • XRP: $3.07 (↓0.40%)
  • BTC: $117,235 (↓0.76%)
  • ETH: $4,399 (↓3.14%)
  • SOL: $184 (↓4.56%)

As XRP’s ETF ambitions stall, the crypto spotlight is shifting toward agile, Layer-2 innovations like Bitcoin Hyper. With $9 million raised and a devnet already live, it’s clear that investor appetite is evolving — favoring speed, scalability, and fresh utility over legacy tokens.

William Ross
About William Ross 527 Articles
I am a cryptocurrency enthusiast and writer with over five years of experience in the industry.I have been following the development and innovation of Bitcoin and Ethereum since their inception, and I enjoy sharing my insights and analysis with readers.I have written for various reputable platforms, such as CoinDesk, Cointelegraph, and Decrypt, covering topics such as market trends, regulation, security, and adoption.I believe that cryptocurrency is the future of finance and technology, and I am passionate about educating and informing people about its benefits and challenges.