Layer-2 solutions are gaining importance for Bitcoin, exemplified by Bitcoin Hyper, a new Layer-2 project priced at $0.012, attracting whale interest, offering 90% APY staking rewards, and seeing active presale participation.

On-chain data indicates whale accumulation continues, with support levels holding between $108,500 and $110,000, while bullish MACD signals suggest potential upward momentum.

The broader narrative highlights Bitcoin's evolving infrastructure and the potential for new applications, such as memecoin integrations, to accelerate adoption and growth.

Market dynamics are being influenced by possible U.S. Federal Reserve rate cuts in September, which could weaken the dollar and support Bitcoin’s rally, especially with increasing ETF inflows and its scarcity appeal.

This institutional strategy mirrors what firms like MicroStrategy are doing, reflecting a growing trend of non-tech companies adopting Bitcoin as a treasury asset and signaling increased confidence in the cryptocurrency.

Bitcoin is currently trading around $111,000, with resistance levels between $112,000 and $113,000, after reaching nearly $124,000 earlier this August.

A major institutional move is in progress as healthcare firm KindlyMD plans to raise $5 billion to buy Bitcoin, having already acquired 5,700 BTC worth approximately $638 million, with ambitions to purchase up to 45,000 BTC.

Analysts suggest that if Bitcoin can break through resistance levels, a target of $150,000 by September is possible, though the profit margins might be modest compared to potential gains in other cryptocurrencies.