Galaxy Research predicts Bitcoin L2 networks could bridge $47B by 2030

Galaxy Digital estimates that Bitcoin (BTC) layer-2 (L2) networks could bridge $47 billion in liquidity by 2030, driven by maturing ecosystems and yield-seeking BTC holders, Cointelegraph reported. Venture capital funding for Bitcoin L2s has reached $447 million in 2024, with a sevenfold increase in projects and significant investment shifts. The report highlights that Bitcoin Ordinals and BRC-20 tokens have opened new opportunities, attracting crypto VCs who previously saw Bitcoin only as "digital gold."