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.