Galaxy: The number of Bitcoin L2 projects has increased approximately 7 times compared with 2021, from 10 to 75
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2024-11-27 01:02 2,581
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Golden Finance reported that Galaxy disclosed data on the X platform that since 2021, the number of Bitcoin L2 projects has increased approximately 7 times, from 10 to 75. Bitcoin L2 has seen $447 million invested since 2018, a trend that is changing BTC’s utility.
Additionally, the Bitcoin L2 project has achieved 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 provide support for DeFi, fungible tokens, payments, etc.