The Dune index, which tracks on-chain activity and user profiles, indicates that crypto adoption has reached an all-time high. The index has been steadily growing since September, with a recent expansion from 33 points to 84 points. This coincides with Bitcoin reaching its all-time high above $99,600. On-chain data shows that crypto adoption has surpassed previous market peaks and reflects the successful weeks of the bull market. The Dune index focuses on chains with the most valuable networks and common uses for crypto. Leading chains driving adoption in Q4 were Solana, Bitcoin, and Ethereum. Solana saw the biggest increase in the index, while Ethereum had the highest overall index. L2 chains have seen some adoption but still make up a small percentage of overall economic activity in the Ethereum ecosystem.



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