This is How Much Crypto Users Grew in 2024, According to Flipside’s On-Chain Analysis
The crypto market grew extremely in 2024 in the middle of increasing coin costs, however the very same can not be stated for on-chain users throughout many pertinent chains. A 2024 on-chain user report by the blockchain development platform Flipside exposed a requirement for networks to provide amount and quality on-chain activity to draw in users and turn them into high-value factors.
According to the report shown CryptoPotatojust Base, the layer-2 network introduced by the biggest American crypto exchange, Coinbase, experienced rapid development in user count for 2024. Other networks, like Bitcoin and some Ethereum-based layer-2 chains, had a hard time to keep their development and even draw in brand-new users throughout the year.
Base and Ethereum Take the Lead
Flipside's report exposed...