In the first quarter of 2024, the Bitcoin Layer 2 (L2) ecosystem has shown significant growth and innovation, with notable achievements across various platforms. Mantle, a key player in the space, reported an all-time high in Total Value Locked (TVL) of $917 million, marking a 422% increase since the start of the year, alongside a 71% increase in MNT holders. Stacks, another prominent Bitcoin L2 solution, added 142,927 new accounts in Q1, witnessing a 114% increase quarter over quarter. The Stacks DeFi ecosystem expanded with the introduction of new Decentralized Exchanges (DEXs), lending markets, liquid stacking, and vaults, indicating a broader adoption and utilization of Bitcoin L2 solutions. Additionally, DIAdata_org highlighted the vast landscape of Bitcoin L2 solutions, showcasing over 30 different platforms contributing to the ecosystem's growth.