Bitget Wallet has surpassed MetaMask in the CryptoRank rating of the Top Crypto Wallet Mobile for downloads. 1.6 million users downloaded Bitget Wallet during July 2024, while 1.5 million users opted for MetaMask.
CryptoRank, a crypto analysis platform, has released the ranking of the Top Crypto Wallet Mobile for downloads in July 2024. MetaMask has fallen to second place.
It appears that Bitget Wallet set the record with 1.6 million downloads in the Google and Apple app stores, while MetaMask collected 1.5 million. This represents a monthly discrepancy of 100,000 downloads.
Phantom, with 667,000 downloads, always occupies the podium. Coinbase Wallet, with 475,000 downloads, and SafePal by Animoca Brands, with 157,000 downloads, follow in that order.
To be more precise, the non-custodial Web3 wallet of Bitget Wallet, which was acquired by the crypto-exchange Bitget in 2023 for $30 million, attained a total of 30 million users by July 2024.
Bitget Wallet has experienced a +150% increase in growth compared to the previous year. The region of Japan, the Philippines, and Thailand experienced a 20x increase in downloads, which was the primary focus of its geographic expansion. Additionally, there has been a +300% increase in the number of users in India, Vietnam, and Singapore.
Furthermore, Bitget Wallet has emerged victorious in Nigeria, surpassing social media applications such as WhatsApp, TikTok, Telegram, and YouTube in terms of downloads. It has also gained popularity in Sweden, Australia, Italy, and Russia.
Despite the 100,000-download disparity, MetaMask and Bitget Wallet continue to be the most popular Crypto Wallet Mobile applications in July 2024.
Therefore, upon reviewing the most recent news, it is evident that MetaMask launched its Delegation Toolkit in the same month, which facilitates the interaction between developers and consumers in the Web3 domain.
The goal is to streamline the development of dApps and generate novel user experiences. The MetaMask Delegation Toolkit is currently accessible on any Ethereum Virtual Machine (EVM) network, and it is supported by a user operation bundler that includes Arbitrum, Avalanche, Base, Linea, Optimism, and Polygon.
In addition, MetaMask consistently disclosed its acquisition of Wallet Guard in July 2024. This is a strategic initiative to fortify the security of its platform and safeguard users from the increasing hazards of Web3.
July 2024 brought news to the Bitget Wallet, even at home. The announcement of the launch of an MPC wallet that is connected to the TON blockchain and Telegram is undeniable. In practical terms, it would be the first multi-party computation wallet to be developed within the Telegram ecosystem, providing the community with increased security and flexibility.
There was also an additional innovation at that time: Bitget Wallet’s substantial investment in the Web3 trading platform Tomarket. The objective is to acquire market shares in sectors that exceed trillions of dollars, with a primary emphasis on decentralized markets (DEX).
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