PANews reported on March 12 that according to IntoTheBlock's monitoring, Bitcoin's market capitalization has continued to grow since 2022, becoming one of the longest growth cycles in history. However, in terms of the number of active users, Bitcoin's share has declined, and more on-chain activities are shifting to Ethereum and other Layer 1 networks.
Bitcoin's market capitalization share has continued to grow since 2022, but the share of active users has declined
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