Bitget Overtakes MetaMask as the Most Downloaded Wallet in July
By YGG News • August 14, 2024
Bitget Overtakes MetaMask as the Most Downloaded Wallet in July
In a remarkable shift in the web3 wallet landscape, Bitget has outpaced MetaMask, becoming the most downloaded wallet in July. This leap is attributed to its focus on enhancing the mobile experience and offering user-friendly features that cater to the growing demand for seamless multi-chain asset management.
Bitget’s User Surge
Bitget Wallet’s user base has seen a significant boost, crossing 30 million globally in July—a 150% increase from the previous year. Data from CryptoRank indicates that Bitget achieved over 1.6 million downloads in July across both Google and Apple’s app stores, surpassing MetaMask’s 1.5 million downloads. Bitget COO Alvin Kan emphasized the shift in user preference towards mobile-friendly wallets over traditional computer plugin wallets.
The wallet’s expansion has been robust across Europe, North America, and Oceania. Notable increases were observed in Russia, Italy, Sweden, and Australia, where user numbers surged 40-fold. Even more impressive were the 1,000% hikes in France, Portugal, the UK, Turkey, and Canada. Significant growth was also reported in Japan, the Philippines, Thailand, India, Vietnam, and Singapore.
Innovative Features Fueling Growth
Bitget’s cross-chain wallet capabilities allow users to manage assets across multiple chains with ease. This, combined with features like smart money tracking, automatic slippage, zero gas fees, and instant trade mode, has made it a top choice among memecoin traders. The integration of The Open Network (TON) in November 2023 further accelerated Bitget’s growth, especially with the rise of Telegram mini-games.
Collaborations and Future Prospects
Bitget has partnered with over 50 prominent TON projects, enhancing its gas-free transaction experience and on-chain transfers. It was also among the first major wallet providers to integrate The Open Network, making it the most transacted network on Bitget Wallet, ahead of Polygon, Arbitrum, and BNB Chain. The wallet provider’s collaboration with crypto investment firm Foresight X in investing in Tomarket, a DeFi trading platform on the TON blockchain, highlights its commitment to fostering innovations in the blockchain space.
Looking ahead, Alvin Kan remains optimistic about the wallet’s growth despite the unpredictable market conditions. The increasing interest from retail and institutional investors in spot cryptocurrency ETF products and continuous blockchain innovations are expected to drive Bitget’s continued success.