Crypto Wallet MetaMask Announces Massive 55% Growth in Users Between September and January

Widespread crypto pockets MetaMask is seeing a surge in energetic customers.

In an announcement, MetaMask developer Consensys says that the pockets’s month-to-month energetic customers (MAU) grew from 19 million to over 30 million between September 2023 and January 2024, representing a rise of over 55%.

The present variety of month-to-month energetic customers practically matches Metamask’s historic excessive of 31.7 million in January 2022.

“This development practically matches the height figures seen throughout the bull market in 2022.”

The announcement comes after MetaMask inked a partnership with buying and selling platform Robinhood to allow customers to seamlessly purchase crypto property straight throughout the pockets.

Final yr, MetaMask additionally launched a brand new characteristic that enables customers to transform their digital property into fiat forex by straight sending the crypto to their financial institution or PayPal account.

Consensys says the pockets’s integration of main conventional finance gamers together with enhancements in regulatory environments drive broader mainstream adoption.

“Extra broadly, web3 has seen important alerts of mainstream adoption with an more and more sturdy regulatory, workforce and technical basis, and rising regulatory certainty in jurisdictions such because the UK, EU and Hong Kong.”

Citing the outcomes of a Morning Seek the advice of survey, Consensys says 76% of US crypto house owners think about safety as the first issue influencing their alternative of a pockets.

Says Consensys chief ethos officer and MetaMask co-founder Dan Finlay,

“As we witness the expansion of MetaMask and the broader web3 ecosystem, we perceive that the muse of this enlargement is consumer belief and safety.”

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