It’s still a pretty big increase when you think about it, because Bitcoin started from nothing and now has over $2 trillion market cap. But if you compare that to the global M2 money supply of around $95 trillion, the percentage is still small. That shows there’s no massive adoption yet , most of the money in crypto is really just from big investments.

And if you look at the daily transactions, this year compared to last year, there’s actually been a huge decline. That signals adoption for daily use isn’t consistent  as the value of Bitcoin may have gone up, but the majority of the volume is still coming from investments or institutional players, not regular everyday use.