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- Metamask is the most popular cryptocurrency wallet in the world.
- Its parent company, ConsenSys, has released a beta version of Dapp Portfolio.
- The digital wallet has a monthly active user count of over 21 Million.
Metamask Offering A Lot Across One Table
Metamask has established itself as the most utilized crypto wallet since the inception of the crypto market. Launched in 2016, the virtual wallet has attracted a myriad of users on its network. Recently, the brains behind this wallet, Consensys, announced that they have launched the beta version of Portfolio Dapp. According to the company blog, the application is a one-stop shop for the digital assets users.
In addition to a better Metamask experience, it eliminates the users’ need to depend on different platforms to have knowledge of their total portfolio value. The application allows the folks to add multiple accounts on the digital wallet. Additionally, they can link any ENS domain on the network. Besides this, the new application supports multiple networks including Ethereum, Avalanche, Polygon, Optimism and more.
The Portfolio Dapp will facilitate the users to view their non-fungible tokens from Polygon and Ethereum Mainnet. It will allow people to make a watchlist for the tokens to keep a track on the activities of their favorite coins and tokens in real-time. Overall, the new application is an all-in-one solution to manage the digital assets.
Since the launch of Metamask, it has allured a lot of users to its ecosystem. According to the latest data, the app has a monthly active user count of 21 Million. This shows a massive growth of over 3800% since 2020. It connects the users to over 3700 apps from various networks including Ethereum, Polygon, Avalanche and more. Its parent company, Consensys, has a net valuation at 3.2 Billion USD.
According to a research, out of 7.75 Billion people on the globe 3.4 Billion use digital wallets on their devices. This number is expected to grow by over 52% to 5.2 Billion by 2026. Virtual payments volume is anticipated to reach 12 Trillion USD by the same year considering the rapid addition of new payment types.
The world is going digital, a positive sign for virtual applications, especially the online wallets. Though it is unlikely that cybercash will replace physical cash, the possibility of a boom in the number of digital wallet users might increase e-cash utility in future by leaps and bounds.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
