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Author: Admin | 2025-04-28
As we delve into the digital age, cryptocurrencies and their storage mechanisms, known as crypto wallets, are gaining substantial traction.The US Market reveals diverse wallet options, with Trust Wallet, Binance, and Coinbase Wallet leading the pack. The market for these wallets is growing exponentially, with global revenue projected to surpass $3.675 billion by 2033. Crypto wallets are undeniably becoming integral in our digital lives, transforming how we handle money.This article will answer the question, “How many crypto wallets are there?”. Top 5 Facts on Crypto WalletsHere are the top 5 facts to know when it comes to crypto wallets:In 2022, over 80 million crypto wallets exist, compared to 5.78 million in January 2016.Bitcoin wallet user count is projected to rise from 32 million in 2021 to an anticipated 200 million by 2024. The global crypto wallet market size was estimated at USD 8.42 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 24.8% from 2022 to 2030.Retail demand for Bitcoin wallets (number of wallets owned from 1 to 10 BTC) should be 300,000 by 2024.Data from Glassnode shows that the number of Bitcoin wallets holding more than one BTC crossed the one million mark. The number of crypto wallets worldwide has grown at a rate of 1,271.97% since 2016. Source: CCN, Globe News Wire, CoinTelegraph, CoinDesk, ZippiaNumber of Crypto Wallets GloballyThe global crypto wallet market has grown substantially, driven by increasing acceptance of cryptocurrencies. The total number of crypto wallets worldwide is 84.02 million, with a significant portion of users from Europe and the U.S.More than 420 million crypto users.The number of wallets on Blockchain.com, one of the leading platforms for Bitcoin transactions, reached over 81 million users in 2022. If we enlarge our horizon, there were 84.02 million crypto wallets worldwide as of August 2022.Web3 goes behind the mere number of wallets; there are more than 420 million crypto users worldwide in 2023.Out of 420 million users, more than 38 million are from Europe, and nearly 28 million are from the U.S. Projecting these numbers in economic value, experts predict the crypto wallet market size to reach USD 46.72 billion by 2028.The crypto wallet market will reach a valuation of US$ 3,675 Billion with a CAGR of 9.3% by 2033. Source: Statista, Zippia, Brandessence Research, GlobeNewswireNumber of crypto wallets yearly growth (2013-2023) Table 1: Total number of crypto wallets year by year (Statista)YearNumber of wallets (in million)20133.16 20144.4220154.8820165.78201734.82201841.89201948.32202059.98202168.42202284.022023*91.75*value estimated considering the historical linear regressionMost Popular Types of Crypto WalletsSeveral options have gained many users in recent years regarding popular crypto wallets. Popular types of crypto walletsBinance has 150 million registered users and $90 billion in trading volume from Chinese users alone in 2023. Coinbase had 98 million active users in 2023, which generated $3.1 billion in 2022, a 59.2% decline from 2021.Suppose we exclude centralized exchanges; companies such as Trust Wallet are used by over 60 million people globally. This multi-chain self-custody wallet allows the secure storage and management of thousands of
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