Crypto User Growth and Ethereum Layer 2 Dominance in 2024
- Monthly active crypto addresses tripled from 70 million in 2023 to over 220 million in 2024.
- Over 300 blockchain chains are listed, with most activity locked within Ethereum Layer 2’s.
- Ethereum’s DeFi ecosystem includes lending, borrowing, staking, and restaking capabilities.
This growth highlights Ethereum Layer 2’s pivotal role in accommodating the surge of users, setting a business precedent for prioritizing scalability and interoperability within the blockchain industry.
