Opera's Built-In Crypto Wallets Have 170K Monthly Active Users

The Norwegian browser maker has disclosed its crypto wallet user numbers for the first time.

The longstanding Norwegian browser company has been on a recent crypto streak. (Danny Nelson/CoinDesk)

Opera’s web browser is slowly amassing a following among those advocating for a decentralized internet, with 170,000 users now engaging with its built-in Ethereum, Tron and Bitcoin wallets every month.

  • Announcing crypto wallet usage numbers for the first time Friday, the longstanding Norwegian browser company gave some context to its two years-long courting of the Web 3, decentralized application (dapp) and distributed computing communities.
  • While the firm would not provide a breakdown of the numbers by blockchain network, Charles Hamel, head of crypto at Opera, said Ethereum is "by far the most popular."
  • While the wallet engagement figures pale in comparison to Opera’s total monthly active user-base (about 360 million) they’re not quite as far off from similar web-wallet products. MetaMask, a wallet browser extension provider, measured 192,000 monthly active users in May 2019.
  • Opera worked on Friday to woo yet more wallet users by announcing that decentralized application clearinghouse Dapp.com will now power its Web 3 app store.
  • U.K. users will now also be able to access the crypto top-up feature that Opera had previously rolled out in the U.S. and European markets. Fiat-to-crypto bridge company Ramp Instant will provide the U.K. service, Opera said.
RealFi 169 Image

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.