Summary of Bitcoin, Web3, Ethereum, and Cryptocurrency
- Bitget surpasses Metamask as the most downloaded web3 wallet in July
- Bitget Wallet achieves 30 million users globally with a 150% increase from last year
- Expanding user base in Europe, North America, Oceania, and significant growth in specific countries
- Key drivers of Bitget’s growth include cross-chain capabilities and memecoin trading features
- Integration with The Open Network boosts user base in the first half of 2024
- Collaborations with TON projects enhance transaction experience and support on-chain transfers
- Positive outlook for continued growth supported by market interest in spot cryptocurrency ETF products
Bitget Surpasses Metamask in Downloads
Bitget has surpassed Metamask to become the most downloaded web3 wallet in July, with over 30 million global users and a 150% surge in user base compared to the previous year. The wallet saw over 1.6 million downloads in July, surpassing Metamask’s 1.5 million. Bitget’s focus on mobile experience has been a key factor in its popularity, as many users prefer the convenience of mobile wallets over plugins on computers.
Growth and Expansion of Bitget Wallet
Bitget Wallet has seen significant expansion in Europe, North America, and Oceania, with user numbers in countries like Russia, Italy, Sweden, and Australia increasing 40-fold. Growth in France, Portugal, the UK, Turkey, and Canada accounted for a 1,000% hike. The wallet also witnessed a 20-fold increase in users in Japan, the Philippines, and Thailand, while user growth in India, Vietnam, and Singapore exceeded 300%. Key drivers of this growth include Bitget’s cross-chain wallet capabilities, seamless asset management, decentralized trading, and memecoin trading features.
Integration with The Open Network and Future Outlook
Integration with The Open Network in 2023 propelled Bitget’s user base growth in the first half of 2024. Collaborations with over 50 TON projects provided users with a gas-free transaction experience and on-chain transfers. Bitget’s positive outlook for continued growth is supported by market interest in spot cryptocurrency ETF products and ongoing innovations in the blockchain space.
