On-chain data from Ethereum shows that the proportion of long-term holders significantly increased in 2024, rising from 59% at the beginning of the year to 75% by the end of the year, indicating a growing confidence in the market for Ethereum. In contrast, the proportion of long-term holders of Bitcoin slightly decreased to 62.31%. This trend may reflect investors' optimistic expectations for the development of the Ethereum ecosystem and its potential in the fields of decentralized applications and smart contracts.