L2 Builders Join Discourse on Buterin’s Scaling Model as $HYPER Brings SVM Speed to $BTC

What to Know: Vitalik Buterin’s push for stage 2 rollups has created a rift between Ethereum purists and L2 developers who prioritize execution speed over rigid decentralization milestones. Capital is increasingly rotating away from philosophical scaling debates and toward ecosystems that offer high-performance, “snap-execution” environments for DeFi. The industry is moving beyond viewing Bitcoin solely as digital gold, instead exploring its potential as a secure settlement layer for complex, programmable smart contracts. Leveraging the Solana Virtual Machine (SVM), Bitcoin Hyper has raised over $31M by bringing high-speed modular execution to the Bitcoin network.

The debate over blockchain scalability has shifted from simple throughput to a fundamental questioning of the Layer 2 purpose. Ethereum co-founder Vitalik Buterin recently sparked an industry-wide ‘rollup rethink,‘ arguing