PANews reported on March 3 that according to the Bitcoin Q4 Report released by Messari, the Bitcoin ecosystem will experience explosive growth in Q4 2024, driven by a surge in ETF adoption, a mining boom, and the rise of DeFi. BTC prices rose 48% quarterly and 121% year-on-year to $93,400, spot Bitcoin ETF assets under management (AUM) increased 80% to $108.43B, and Bitcoin DeFi TVL surged 693%. Although daily trading volume has declined, active addresses have increased, BRC-20 and Runes transactions have rebounded, and mining computing power has reached a new high, indicating that the economic security of the network has been further enhanced.