How Uniswap & DeFi Drove Ethereum Wallet MetaMask To 1M Users
The Ethereum wallet interface and browser extension MetaMask has recently achieved a milestone 1 million monthly active users, highlighting the enormous adoption underway. The rise runs in parallel with the DeFi trend, capped off recently by the explosion in users rushing to claim new Uniswap tokens. Here’s how all these different projects and applications are […]
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The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users MetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time.The milestone comes roughly seven months after the wallet first surpassed one million users in total, suggesting the parabolic rise of decentralized finance (DeFi) in 2020 has driven the surge in MetaMask’s user base.In an announcement, MetaMask notes top DeFi protocols Uniswap, Yearn Finance, Curve,....
MetaMask has recently seen massive adoption as both the DeFi and NFT markets are surging. The increased adoption of the Ethereum network is bringing more investors into the market. Hence the need for storage wallets has gone through the roof. And MetaMask has benefitted greatly from this growth. MetaMask is a crypto wallet that allows […]
Only Wrapped Bitcoin (wBTC) can be stored on MetaMask as this wallet supports Ethereum-enabled distributed applications specifically. MetaMask is a well-known wallet for Ethereum-enabled distributed applications (dApps). But can MetaMask hold Bitcoin (BTC), which remains the largest cryptocurrency?For many crypto investors, Bitcoin is an important part of their portfolio. Besides being an investment asset, Bitcoin can also be used as a payment method. Thanks to wallets such as MetaMask, paying via blockchain technology has become much easier. This Ethereum crypto wallet enables millions of....
There are several ways in which users can get started using the Uniswap DEX such as the MetaMask wallet, the Trust Wallet, and the Coinbase wallet. The Uniswap decentralized exchange (DEX) is the most popular DEX built on the Ethereum blockchain. For users wondering, "What is Uniswap?," this article provides an overview of what it is and how it works as well as several ways users can get started using the Uniswap DEX.With Uniswap, users can swap crypto tokens without having to rely on an intermediary. Not having to rely on a third party leads to next to no economic rents being collected.....
According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added bank-to-crypto transfers through the ACH company Sardine. “With Sardine’s new instant ACH integration, you can buy crypto instantly with no settlement delays,” Consensys explains in the recently....