In 2024, the crypto industry experienced significant growth due to rising coin prices, but not all networks were able to attract new users. 🚀 According to a report by Flipside, only the Base network from Coinbase showed exponential user growth, increasing by 56 times.

Ethereum also impressed, outpacing its layer-2 networks. However, Bitcoin was unable to attract many new users despite the historical price surge. 📉 Flipside notes that this is due to high speculative activity.