In This Article
- New Web3 Wallet Targets 10% Market Share By End of 2025
- Unlock High-Alpha, Early Access For New Upcoming Tokens With $BEST
- New Crypto Wallet Prioritizes Degen Security
- Here's How Best Wallet Compares to Competitors Trust Wallet, MetaMask and Exodus
- Non-custodial wallet publicly reported user metrics
- Viral Best Wallet Surges to 4th Place Web3 Wallet in Months
- Latest crypto wallet fundraising
- Here's How to Download Best Wallet and Bid $BEST Token's New Presale
Smart money are bidding a hot viral crypto wallet during $BEST token’s new presale – is Best Wallet the most promising Web3 wallet yet?
Innovative non-custodial crypto wallet Best Wallet ($BEST) has reached 250,000 monthly active users and 500,000 total users.
The secure no-KYC Best Wallet has been making waves as the top destination for savvy crypto traders searching for the latest hot upcoming tokens.
App installs are growing at a rate of 96.3% month-on-month. From Best Wallet’s launch in November last year to 29 January 2025, the overall growth rate for app installations is 658%.
Although verifiable data is hard to come by, based on several assumptions regarding the industry user base and adoption, crypto users could reach one billion by 2030, with perhaps 30-50% adopting non-custodial wallets.
However, that could be a conservative estimate that may not fully account for market catalysts such as Web3, DeFi, and dApp usage growth.
The Fastest Growing Wallet in Crypto!
In a crowded market, Best Wallet delivers the tools you need to gain an edge. 🚀
1️⃣ Exclusive alpha on new projects.
2️⃣ Buy and claim tokens in the app.
3️⃣ Manage all your assets across multiple chains in one place.This is why the Best… pic.twitter.com/AT4yos1CmG
— Best Wallet (@BestWalletHQ) December 30, 2024
Crucially, it may not fully capture the surge in meme coin activity among retail traders, where tokens will launch on decentralized exchanges that can only be accessed by non-custodial wallets, at least initially.
Assuming revenue fees, premium features’ annual revenue per user might come out at between $5 and $20, according to AI chatbot DeepSeek. This could equate to a total addressable market valued at $5-$10 billion by 2030, assuming 500 million non-custodial wallet users.
However, all of those figures may prove to be highly conservative because they leave out the impact of the US government’s pivot to a crypto-friendly stance, which could lead to explosive growth in adoption.
New Web3 Wallet Targets 10% Market Share By End of 2025
According to insiders at Best Wallet, the product aims to capture 40% of the crypto wallet market by 2026. That’s an ambitious target, but given how its feature set compares to competitors and the user metrics reported today, Best Wallet can achieve its stated goal.
Best Wallet’s success is likely driven by its bringing together a multichain approach (support for 60 chains) for its decentralized exchange and wallet features. It includes innovative features such as the incorporation of apps and its focus on providing access to new tokens with the potential to deliver substantial upside for investors.
Partner app categories include Staking, iGaming, Project Directory, News, and DeFi. In contrast, perhaps the most popular offering of the Best Wallet app is the Upcoming Tokens feature, where alpha-rich new tokens still in presale can be purchased.
Buying pre-market tokens in-wallet has advantages, such as getting early insights into the tokens before their official claim dates.
Users are able to discover and then track tokens in their portfolio before claiming, making Best Wallet an ideal way of interacting in the presale markets. There is also the added security of the Best Wallet team vetting each of the projects that it hosts, so there’s no need to worry about scammers.
$BEST, the native token of the Best Wallet is in presale now. To kick off the fundraising, it raised $1 million in just 14 days via an exclusive in-app private sale for Best Wallet users. The presale has raised $8.6 million from an eager crypto-investing public.
Unlock High-Alpha, Early Access For New Upcoming Tokens With $BEST
Best Wallet token holder benefits include ongoing presale success with exclusive perks for token holders, priority access to high-alpha new token launches, trading fee discounts, and early investment in high-potential projects.
Recent gems found by the Upcoming Tokens feature include Pepe Unchained ($PEPU), which is up 27% today and will soon launch its Layer 2 meme coin launchpad Pump.Pad, which competes with the wildly popular Solana-based pump.fun. Catslap ($SLAP) was another roaring success that saw a post-listing price pump.
There are also major enhancements to look forward to, such as the integration of Solana ($SOL) and the launch of Best Card for seamless crypto payments using $BEST.
New Crypto Wallet Prioritizes Degen Security
Non-custodial wallets are gaining popularity because crypto users want to exercise self-sovereignty over their digital assets. Maintaining direct, secure control over holdings has always been one of crypto’s unique selling points, but not everyone has found it convenient.
Through its emphasis on privacy and ease of use, Best Wallet is succeeding in overcoming pain points at various levels.
To get started with Best Wallet, you do not need to provide any identification documents or go through tedious know-your-customer (KYC) and verification steps.
As an anonymous Bitcoin wallet, Best Wallet gives users full control of their assets, not custodied by a centralized exchange (CEXs). Although CEXs are widely used for trading coins and provide a way of bridging between crypto and fiat, they have big downsides.
As FTX users found out the hard way, your assets could be locked on the CEX or disappear altogether if the platform’s business fails or is hacked. With non-custodial wallets like Best Wallet, there are no such worries.
Here’s How Best Wallet Compares to Competitors Trust Wallet, MetaMask and Exodus
Data on wallet penetration and usage is scarce, but we have compiled some publicly available data to compare Best Wallet to the competition.
The main takeaway is that Best Wallet, which is only three months old, is gaining new users at an accelerating pace and could soon catch up with the current market leaders.
MetaMask, launched in 2016, has 30 million monthly active users, according to data revealed at Consensys in 2023. It is one of the most widely used non-custodial wallets. There is no comparable data for Binance’s Trust Wallet, but as of 2023, it had reportedly amassed 60 million downloads.
Unlike Best Wallet, MetaMask (Ethereum) and Trust Wallet (BNB Smart Chain) primarily cater to one chain. Although you can connect to certain dApps with MetaMask and Trust Wallet, there is no App library, as can be found in Best Wallet, or discovery feature similar to Best Wallet’s Upcoming Tokens.
Exodus, also launched in 2016, made a name for itself as the most popular wallet on desktop, although nowadays it is also on mobile. In 2023, it had 1 million active users, although it is thought to have grown significantly since then.
Again, Exodus lacks many of Best Wallet’s features, although it does allow staking directly within the wallet, whereas Best Wallet allows you to access third parties for those services.
But Exodus falls short on ease of use. With Best Wallet, you can get started straight away by signing up using, for example, your Apple ID. Your private key is generated in the background for you to access later in settings, copy, and store in a safe place.
Non-custodial wallet publicly reported user metrics |
|||
---|---|---|---|
Wallet name | Type | Reported User Metrics | Sources |
Best Wallet | Non-custodial | 250,000+ MAUs, 500,000+ total users | Best Wallet |
MetaMask | Non-custodial | 30m MAUs | Consensys |
Trust Wallet | Non-custodial | 60m downloads | Binance |
Coinbase Wallet | Non-custodial | 10m users estimated | Coinbase |
Phantom | Non-custodial | 3m MAUs | Phantom |
Exodus | Non-custodial | 1m active users | Exodus Movement |
Ledger Live | Hardware/Software/Non-custodial | 6m devices sold | Ledger |
Blockchain.com | Custodial/Non-custodial | 85 million wallets created | Blockchain.com |
Electrum | Non-custodial | 10m downloads (2021 estimate) | Open source community |
Argent | Non-custodial | 500,000 users | Argent Team |
Rainbow Wallet | Non-custodial | 1m downloads | Rainbow Team |
Compiled with assistance from DeepSeek – publicly available data as at 2023 unless otherwise stated |
Viral Best Wallet Surges to 4th Place Web3 Wallet in Months
Best Wallet’s public token sale approach with $BEST leaves competitors in the dust regarding fundraising. Best Wallet is ranked fourth in the table of recent wallet fundraises.
Significantly, Best Wallet beats most of the venture capital fundraising efforts across various round types.
Note the valuation of Phantom Wallet, which completed its Series C in mid-January with a raise of $150 million for a valuation of $3 billion. Best Wallet has made full Solana compatibility a No.1 priority. The table data was compiled with data from Messari.
Latest crypto wallet fundraising |
||||
---|---|---|---|---|
Company Name | Announcement Date | Amount Raised (USD) | Round Type | Valuation (USD) |
Phantom Wallet | 2025-01-16 | 150,000,000 | Series C | 3,000,000,000 |
Infinex | 2024-10-28 | 67,700,000 | Private Token Sale | |
Dfns | 2025-01-14 | 16,000,000 | Series A | |
Best Wallet | 2025-01-29 | 8,500,000 | Public Token Sale | |
Genius | 2024-10-23 | 6,000,000 | Undisclosed | |
Keplr | 2025-01-22 | 5,000,000 | Seed | 50,000,000 |
OneBalance | 2024-08-26 | 5,000,000 | Pre Seed | |
Girin Labs | 2024-11-19 | 2,000,000 | Undisclosed | |
Sorted Wallet | 2024-09-19 | 1,500,000 | Strategic | |
Kampela | 2024-09-12 | 1,000,000 | Undisclosed | |
Girin Labs | 2024-11-27 | 300,000 | Strategic | |
ME3 | 2024-12-12 | 200,000 | Private Token Sale | |
Loula | 2024-11-07 | 200,000 | Accelerator | |
Bako | 2024-12-04 | 100,000 | Accelerator | |
Social Market | 2025-01-10 | 30,000 | Pre Seed | |
Safle | 2024-12-20 | Strategic | ||
Safnect | 2024-11-30 | Seed | ||
Zerion | 2024-11-12 | Undisclosed | ||
Wave | 2024-11-01 | Seed | ||
Armor Wallet | 2024-10-16 | Strategic | ||
Mizu | 2024-09-20 | Accelerator |
Here’s How to Download Best Wallet and Bid $BEST Token’s New Presale
To get started, simply download Best Wallet from Google Play or the Apple App Store, and log in in seconds with no ID, KYC, or verification required.
Once you’ve installed the app, you can buy $BEST using a bank card or other cryptocurrencies such as ETH or USDT. For those with existing wallets, Best Wallet offers seamless importing and consolidation of assets in one convenient location for easier management.
Join the Best Wallet community conversation on X, Telegram, and Discord.
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