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TechFlow reports on March 12, according to on-chain analytics firm IntoTheBlock (@intotheblock), Bitcoin's market dominance has been steadily rising since 2022, marking one of the longest sustained growth periods in history. However, looking at active user metrics, Bitcoin's share is trending downward, with more on-chain activity shifting toward Ethereum and other Layer 1 networks.
According to on-chain analytics firm IntoTheBlock (@intotheblock), Bitcoin's market dominance has been steadily rising since 2022, marking one of the longest continuous growth periods in history. However, looking at active user metrics, Bitcoin's share is trending downward, with more on-chain activity shifting toward Ethereum and other Layer 1 networks.
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