In the past, Bitcoin led the way for other cryptocurrencies like Litecoin and Ethereum. Now, the landscape has changed significantly over the last 15 years.

Initially known for simple investment strategies, Bitcoin now looks to Ethereum for inspiration in expanding its uses beyond just holding assets. Ethereum's innovations in decentralized finance (DeFi), nonfungible tokens (NFTs), and layer-2 solutions have set a new trend.

Bitcoin, aiming to replicate Ethereum's past successes, is enhancing its ecosystem with native tokens, DeFi protocols, and interoperability features. Despite facing challenges with various token standards and layer-2 technologies, Bitcoin's ecosystem is growing, led by platforms like Stacks and the Lightning Network.

For Bitcoin to become a hub for DeFi, NFTs, and real-world assets, it needs universal standards that simplify transactions across different chains. Collaboration among Bitcoin developers could lead to significant growth in user engagement and total value locked (TVL).

Although Bitcoin's TVL is currently lower than Ethereum's peak, trends suggest potential for rapid growth, akin to Ethereum's rise before the DeFi boom. With a burgeoning ecosystem including BRC-20 tokens and increasing network activity, Bitcoin is poised for substantial expansion.

Despite potential regulatory hurdles, adopting Ethereum's successful strategies could propel Bitcoin into becoming the world's largest multi-token ecosystem by 2025, increasing its overall value significantly.