According to ChainCatcher's message, GAL Research's latest report analyzed the growth of the Bitcoin L2 ecosystem in 2024, pointing out that to date, venture capital investment in the Bitcoin L2 field has reached $447 million, with 39% of the investment occurring in the first three quarters of 2024. From January to September 2024, Bitcoin L2 projects received $174 million in funding. Of this, $105 million went to sidechain projects, while $63 million went to rollups projects.
GAL estimates that by 2030, approximately $47 billion in Bitcoin liquidity may be integrated into the Bitcoin L2 network. The institution believes that before 2024, traditional cryptocurrency venture capital firms (excluding funds focused on Bitcoin) have been less involved in the Bitcoin ecosystem. As the ecosystem matures, cryptocurrency venture capital firms will continue to deploy funds to Bitcoin L2 projects.
