AllCryptoWallets.org uniquely releases new real-user web3 adoption statistics to the public, showing that the number of real users accessing non-custodial wallets is the definitive metric for overall crypto adoption.
Amsterdam, Noord-Holland, Netherlands – AllCryptoWallets.org, the home of non-custodial crypto wallets across all blockchains, is shedding light on an often overlooked key-metric in the blockchain industry: crypto wallet adoption. As the entry point to the decentralized web (Web3) and the growing dApp ecosystems, the number of real users accessing non-custodial wallets is the definitive metric for overall crypto adoption.
Crypto Wallets in Web3
Crypto wallets adoption is the key to a blockchain’s success, as crypto wallets allow users to manage their assets, sign transactions, log-in to dApps and interact with smart contracts. Whether interacting with DeFi and GameFi, owning NFTs, sending and receiving digital currencies, non-custodial crypto wallets are the log-in to Web3.
In traditional finance the bank app is the interface to all its bank services, in contrast, blockchain its decentralized nature means you may need different wallets for the different dApps of different blockchains.
Wallet Adoption as a Live Metric of Blockchain Growth
AllCryptoWallets.org sees a steady rise in non-custodial wallet installs across multiple platforms, such as Android, iOS and browser extensions like MetaMask, Atomic and Exodus to name a few. The latest numbers are:
- Ethereum has 350 wallets supporting the blockchain, 28.2 million Chrome users and 268.6 million Google Play downloads.
- Bitcoin has 246 wallets that support the digital commodity, 10.7 million Chrome users and 249 million Google Play downloads.
- Polygon has seen a steady growth with 230 wallets, 23.2 million Chrome users and 122.5 million Google Play downloads.
- Solana and Cardano are also growing fast with 118 and 88 wallets respectively, supporting those blockchain ecosystems.
Ruben Remy, the founder of AllCryptoWallets.org says:
“The wallet adoption statistics update weekly, showing a growing interest in owning digital assets and engaging more with Web3. AllCryptoWallets.org uniquely allows users, Web3 developers, and investors to compare the growth in real user adoption across all blockchain ecosystems and cryptocurrencies.”
The Competitive Landscape: Blockchain Market Share Through Wallet Adoption
Blockchain networks are in a race for user adoption. The number of wallets compatible with a blockchain ecosystem is the metric for success. Ethereum has a large dApp ecosystem and developer community so has a large market share but Solana and Cardano are catching up fast. Wallets that offer a smooth, secure and user friendly experience are key to attracting and retaining users and driving adoption of the underlying blockchain ecosystem.
Unlocking Web3 Through Wallets
Ledger, Trezor, Tangem, and Keystone are leading hardware brands for Web3 with multi-chain support and various support for software wallets that again have dApp browsers to access web3 applications. These features make it easier for new users to onboard and interact with dApps. As users get more comfortable with crypto wallets, broader dApp and blockchain-based service adoption will follow.
A Roadmap to More Blockchain Adoption Data
AllCryptoWallets.org will continue to improve with a roadmap to roll out more adoption data over time and more insights into Web3. Also AllCryptoWallets.org is the place to find out which cryptocurrency is supported by which wallet. Later this year they will launch a new section to help users choose the right wallet for their cryptocurrency interests so they have the tools to make informed decisions in the fast changing crypto landscape.
About AllCryptoWallets.org
AllCryptoWallets.org is the largest platform to discover non-custodial crypto wallets across all blockchains. Our goal is to inform users worldwide with our list of non-custodial wallets and their adoption numbers. Founded by Ruben Remy, AllCryptoWallets.org will give you the insights to understand blockchain adoption through wallet usage.
Media Contact
Organization: AllCryptoWallets.org
Contact Person: Ruben Remy
Website: https://allcryptowallets.org/
Email: Send Email
City: Amsterdam
State: Noord-Holland
Country: Netherlands
Release Id: 19082415907
The post AllCryptoWallets.org: Crypto Wallet Adoption – The Key Metric for Web3 Success appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Euro Currents journalist was involved in the writing and production of this article.