In actual usage, no not really. In bubble based investment, yes. I know people who run bitcoin ATMs, and who trade bitcoin for cash, they have seen only a marginal increase in activity over the last few years.
Bitcoin is a useful store of value, it provides ways to transmit value, the electronic equivalent of cash. But the use cases have not much improved, and so it's usage (outside of financial sectors) has not really grown (except the marginal increase of late-adapters in sectors where it is useful).
Financial sectors of economies are supposed to help manage the allocation of resources. What financial sectors make are the tools for economies. The bitcoin financial sector forgets this way too much. They don't actually make anything of real value. Which is why these bubbles happen, people are speculating bitcoin will be a great economic tool someday.
Except that bitcoin is loosing to other coins in features. As well as the trust of the people using it to produce actual value.
