The MetaMask wallet can “boast” more than 21 million users

This became known from ConsenSys, which said that its main cryptocurrency wallet MetaMask now has more than 21 million monthly user audience. 

Back in April of this year, 5 million people regularly used the Ethereum MetaMask wallet. Therefore, we can talk about an increase of 420% in 7 months. In the last 3 months alone, the number has increased by 11 million. 

As noted in the article of the ConsenSys blog, the increase in the percentage of users is directly related to the demand for decentralized finance (DeFi) and collectible tokens (NFT) projects. And to date, the popularity of these projects is not decreasing. 

Jacob Kantele, who works as the operating director of MetaMask, told about the main reason for the growth. These are game projects, among which there are hundreds of games where the presence of a cryptocurrency wallet is required. You can also notice that those users who have become participants in the game project are also starting to use decentralized finance applications. 

As you know, not so long ago a version of the MetaMask Institutional wallet was introduced, where functions for institutional investors are included. In addition, in November, MetaMask developers restored support for Ledger Nano hardware wallets.