If there is a piece of Bitcoin news that will surely go viral, it is a solution that brings DeFi to the first blockchain in a big way. Bitcoin crypto might be worth trillions, but there is one big problem: the absence of smart contracts. Smart contracts, as seen in Ethereum, the Binance Smart Chain, and Solana, have revolutionized the landscape and are why these networks are among the most active.
With smart contracts, it is possible to swap, trade, and even tokenize assets in a trustless, global, and censorship-resistant environment. Thanks to smart contracts, Aave, Uniswap, Lighter, and multi-billion-dollar tokens have emerged, becoming some of the best cryptos to buy.
There have been attempts to scale and introduce smart contracts to Bitcoin. However, they have not been as successful as expected. The success of Ordinals, for example, lasted only for a few months before fading completely in 2025. On Coingecko, the total market cap for all Runes on Bitcoin is $272M, and Dog crypto is the most valuable with a market cap of over $208M.
(Source: Coingecko)
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Bitcoin News: Will Portal To Bitcoin Be A Game-Changer in Bitcoin DeFi?
While Ordinals, Runes have been overtaken by meme coins on Solana, Base, and emerging platforms whose tokens have quite literally exploded, including MemeCore, developers are not giving up.
After raising $92M from various firms, including Coinbase and OKX, Portal to Bitcoin is introducing a new protocol that aims to enable trustless, custody-free interoperability for Bitcoin. This platform will allow seamless atomic swaps between Bitcoin assets like BTC crypto, Runes such as Dog, and Ordinals, and tokens on smart contract networks like Ethereum and Solana.
Seamless atomic swaps function without the need for a bridge, intermediaries, or wrapping assets. With the engineering team building out from the United States, Portal to Bitcoin plans to launch its mainnet today, October 13, effectively transitioning from its testnet to full production.
Behind Portal to Bitcoin will be Bitscaler, a trustless channel solution for non-custodial delegation. It will empower the Bitcoin mainnet with smart contract capability. Interestingly, Bitscaler, being multi-channel like the Bitcoin layer-2 solution, the Lightning Network (LN), will reduce LN fees by up to +90%.
Bitcoin blocks are scarce.
Channel factories make them scale.BitScaler 🤝 Bitcoin pic.twitter.com/0KOZOT4zoo
— Portal (@PortaltoBitcoin) October 4, 2025
Besides Bitscaler, there is the proprietary Portal OS, from which validators will run their nodes. There will be a Portal Liquidity Router for handling swaps between different mainnets, for example, between Bitcoin and Solana, and the Portal Co-ordinate, enabling orchestration. Portal Co-ordinate will support flexible configurations and integrate not only mainnet nodes but also layer-2 validators.
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Precise Timing, Bitcoin Hyper Will Ride The Wave?
The timing of the Portal to Bitcoin launch is precise and will likely lift other projects seeking to scale the first blockchain.
Bitcoin Hyper is already at work, building a layer-2 solution for the Bitcoin mainnet using the Solana virtual machine (SVM). The SVM will automatically make Bitcoin Hyper compatible with Solana, which hosts some of the top meme coins, including Pengu and Trump.
HYPER News⚡️
Observability & Indexing on Bitcoin Hyper: SVM can run thousands of txns in parallel, but it’s only useful if devs can see it. Explorers, indexers, runtime logs, APIs—all designed for clarity, efficiency & verifiability against Bitcoin L1. The Hyper standard:… pic.twitter.com/8ZxSYuob1T
— Bitcoin Hyper (@BTC_Hyper2) October 10, 2025
Besides the SVM, Bitcoin Hyper developers are building a Canonical Bridge that uses zero-knowledge proofs. This integration allows Bitcoin Hyper to be fast and scalable while enabling bridge users to benefit from enhanced privacy.
So far, the Bitcoin Hyper presale has raised over $23.3M, with each HYPER token trading for just $0.013105 before prices increase in the next six hours.
Those who buy HYPER now can stake, earning a +50% APY, a decent yield.
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Bitcoin News: Portal to Bitcoin Launch, Bitcoin Hyper $23M Raise
- Bitcoin doesn’t support native smart contracts
- Portal to Bitcoin is launching the mainnet today, on October 13
- Will Portal to Bitcoin change Bitcoin DeFi?
- Bitcoin Hyper raises over $23.3M
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