PANews reported on November 21st that, according to Cointelegraph, Galaxy Research analyzed the rise of the BTCL2 ecosystem in its latest report in 2024, pointing out that the number of projects has increased by 7 times, and as of now, the amount of venture capital has reached about 4.47 billion US dollars. Galaxy estimates that by 2030, approximately 47 billion US dollars of BTCLiquidity may be accessed to the BTCL2 network. Researchers emphasize that venture capital in the BTCL2 field has reached $447 million, with 39% of investments occurring in the first three quarters of 2024. From January to September 2024, BTCL2 projects raised $174 million in funding. Of this, $105 million went to the Sidechain project, while $63 million went to the rollups project. Researchers also pointed out that there was a significant change in the second quarter of 2024, with the BTCL2 project accounting for 44% of the total investment in L2 networks in the entire cryptocurrency industry. Compared to the first quarter, the investment rose by 159% in the second quarter. Galaxy explained that the rise in investment indicates that before 2024, traditional encryption investment companies (excluding funds focused on BTC) had less involvement in the BTC ecosystem. Galaxy believes that as the ecosystem matures, encryption investment companies will continue to deploy funds to BTCL2 projects.