A recent CryptoQuant study highlights the rapid growth of Bitcoin (BTC) and Ethereum Layer 2 scaling solutions, as crypto adoption surges worldwide. The report, “2024 Crypto Survey: Exchange Use and Investor Behavior,” reveals key trends shaping the digital asset market over the past year.
Bitcoin Dominates Investor Portfolios
Bitcoin continues to be the most sought-after cryptocurrency, driven by increasing demand from both retail and institutional investors. Following the approval of spot Bitcoin ETFs by the U.S. SEC, traditional financial players poured billions into BTC, propelling it to new all-time highs.

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