Galaxy disclosed data on the X platform that since 2021, the number of Bitcoin L2 projects has increased by about 7 times, from 10 to 75. Since 2018, Bitcoin L2 has received $447 million in investment, a trend that is changing the utility of BTC.
In addition, the Bitcoin L2 project has seen unprecedented growth, receiving 36% of venture capital funding in 2024 alone. It is expected that by 2030, more than $47 billion worth of BTC can be connected to L2 to support DeFi, homogenized tokens, payments, and more.
Galaxy: The number of Bitcoin L2 projects has increased approximately sevenfold from 2021, from 10 to 75
2024-11-26 16:50:12
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