TL;DR
- Bitget Wallet Surpasses MetaMask: In July 2024, Bitget Wallet achieved 1.6 million downloads, surpassing MetaMask by 100,000 downloads, driven by a surge in memecoin transactions and early support for the Open Network (TON) mainnet.
- Strategic Growth and User Engagement: The launch of Bitget Wallet Token (BWB) in March 2024 significantly boosted user engagement and trading volumes, leading to 30 million users, with notable growth in Italy, Australia, and Sweden.
- Global Expansion: Bitget Wallet saw significant expansion in Asia and other regions, including Nigeria, Russia, and Australia, highlighting its growing influence in the crypto space.
Bitget Wallet has surged past MetaMask in the number of downloads, according to data from CryptoRank. In July 2024, Bitget Wallet secured 1.6 million downloads, surpassing MetaMask by 100,000 downloads. Among other popular wallets, Phantom Wallet stands out with 667,000 downloads, followed by Coinbase Wallet with 475,000, and SafePal, which has garnered 157,000 downloads.
Top 10 Mobile Crypto Wallets by Downloads in July@BitgetWallet – 1.6M@MetaMask – 1.5M@Phantom – 667K@CoinbaseWallet – 475K@iSafePal – 157K@solflare_wallet – 156K@exodus_io – 133K@Uniswap – 116K@keplrwallet – 12K@rainbowdotme – 11K pic.twitter.com/wlWU3DET1W
— CryptoRank.io (@CryptoRank_io) August 13, 2024
Bitget Wallet’s impressive rise can be attributed to several key factors. One significant driver is the surge in memecoin transactions, which has attracted many users to the platform.
Additionally, Bitget Wallet’s early support for the Open Network (TON) mainnet has played a crucial role. The TON mainnet has quickly become the top network on the wallet, further boosting its popularity.
Strategic Moves and User Engagement
Alvin Kan, Bitget Wallet’s COO, credits the wallet’s growth to the launch of Bitget Wallet Token (BWB) in March 2024. At the time of writing, the BWB token is trading at $0.3608, increasing nearly 5% in the last 24 hours, according to CoinMarketCap.
This strategic move has significantly boosted user engagement and trading volumes. As a result, Bitget Wallet now boasts 30 million users, with notable growth in regions such as Italy, Australia, and Sweden.
Despite Bitget Wallet’s success, MetaMask remains a strong contender in the crypto wallet space. Many users have already installed MetaMask, and it continues to be a popular choice.
However, some users have pointed out issues with MetaMask’s mobile app experience, which may have contributed to Bitget Wallet’s recent download surge.
Bitget Wallet’s Global Expansion and Future Prospects
Bitget Wallet’s growth is not limited to a single region. The wallet has seen significant expansion in Asia, with a 20x increase in downloads in Japan, the Philippines, and Thailand. Additionally, the number of users in India, Vietnam, and Singapore has increased by over 300%.
Bitget Wallet has also gained popularity in Nigeria, surpassing social media apps like YouTube, Telegram, WhatsApp, and TikTok in terms of downloads. Other countries where it has grown in popularity include Russia, Italy, Sweden, and Australia.
While MetaMask and Bitget Wallet remain the two most downloaded crypto wallets in July 2024, Bitget Wallet’s recent surge in downloads highlights its growing influence in the crypto space. With strategic moves and a focus on user engagement, Bitget Wallet is poised to continue its upward trajectory.
