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Gold has reached its final form after TRIO tokenized it on the Bitcoin blockchain.
TRIO, created by OrdinalsBot, is a Bitcoin-native marketplace that teamed up with Swarm Markets to launch their own version of tokenized gold directly on the Bitcoin blockchain.
The company made the announcement on X, explaining that the initiative is part of a larger strategy to bring Real-World Assets (RWAs) to Bitcoin. And gold was the most obvious choice.
The process is relatively simple:
- TRIO inscribes the serial numbers of real gold bars on the blockchain as metadata;
- This creates a tokenized version of the gold bars that users can now mint and own;
- Once you mint the entire tokenized gold bar, you receive a real-world gold bar.
The news can draw even more investors into the Bitcoin ecosystem and push projects like Bitcoin Hyper ($HYPER), Bitcoin’s Layer 2 upgrade, to a potential 10x evaluation. Especially given $HYPER’s future-facing utility that’s bound to attract significant development.
Tokenized Gold Will Turn the Market Bullish
TRIO’s tokenized gold is likely to cause an influx of new investors, as the adoption bar can’t get any higher than that. The tokenized RWA sector is growing by the day, but gold has been the real prize all along, and TRIO brought us that.
The sector has been on a sustained expansion since 2021, with tokenized RWAs now worth over $26.63B with a 5% growth over the past 30 days.
These numbers are likely to go up following TRIO’s announcement, despite the project still being small, with only six single-ounce bars having been tokenized so far, according to OrdinalsBot co-founder, Brian Laughlan.
However, it’s less about the actual amount of gold and more about the perspective: TRIO has set a precedent and more gold will follow, whether from TRIO itself or other issuer.
The fact that everything happens on the Bitcoin network is another interesting talking point, because it raises both hype and concern.
The concern comes from Bitcoin’s network limitations, with a TPS capped at 7, which translates to slow and expensive transactions and a high risk of network congestion. An influx of new investors and traders will only exacerbate the problem.
This is where Bitcoin Hyper ($HYPER) comes in to save the day and push Bitcoin to new performance standards.
How Bitcoin Hyper ($HYPER) Changes the Bitcoin Ecosystem
Bitcoin Hyper ($HYPER) plans to build a Layer-2 for Bitcoin to improve its transaction speed, bring dApp and smart contract compatibility, and scale up its DeFi features.
The Canonical Bridge addresses Bitcoin’s most pressing issues: slow transactions, no scalability, and the fee-based priority system.
All these problems stem from Bitcoin’s limitation to 7 transactions per second, which keeps the network stuck in the past. By comparison, Solana delivers a real-time TPS of close to 1,000 and a theoretical one of up to 65,000.
This translates to long confirmation times, common network congestion, and a fee-based priority system that solves bigger and more expensive transactions before smaller, cheaper ones.
Hyper’s Canonical Bridge changes that by minting the user’s tokens into Layer 2, which you can use for dApps, smart contracts, and other DeFi programs on the L2.
The users can then use the wrapped Bitcoin on the Hyper L2 or withdraw them to Bitcoin’s native network.
The Canonical Bridge upgrades Bitcoin’s performance by delivering near-instant finality and boost scalability, allowing for multiple transactions at once.
This eliminates the fee-based priority system and makes Bitcoin more feasible for institutional investors, who process more and larger transactions simultaneously, which Bitcoin can’t handle right now.
Hyper also relies on the Solana Virtual Machine (SVM) to speed up smart contract execution and improve the performance of DeFi apps.
These tools turn Hyper into a vital upgrade designed to bring the Bitcoin network to modern standards, preparing it for the influx of investors that TRIO’s news is expected to produce.
Bitcoin Hyper’s presale for its native token, $HYPER, is now at over $12.3M, with the token priced at $0.012815.
We expect the token to explode post launch and experience sustained growth once the project sees successful implementation and experiences mainstream adoption.
So, if you want to invest, do it now, while $HYPER is still trading at its presale price.
Tokenized Gold Will Help Bitcoin in the Long Run
TRIO has set a precedent with its tokenized gold, which is likely to fuel Bitcoin’s coming bull run, predicted to trigger this fall. Moving forward, more issuers will undoubtedly add gold and other RWAs to their asset pool in hopes of getting a seat at the table.
The result should be obvious: gold goes up, Bitcoin goes up, and, subsequently, Bitcoin Hyper ($HYPER) goes up by virtue of its contribution to Bitcoin’s performance growth.
Don’t take this as financial advice. Do your own research (DYOR) and invest wisely.
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