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New Web3 Wallet Hits 250K Users: Is The $BEST Presale Hottest Crypto Wallet Opportunity?

By Sam Cooling

Last Updated: Jan 30, 2025

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Smart money are bidding a hot viral crypto wallet during $BEST token's new presale - is Best Wallet the most promising Web3 wallet yet?
Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

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. 

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.

Smart money are bidding a hot viral crypto wallet during $BEST token's new presale - is Best Wallet the most promising Web3 wallet yet?

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.

Visit Best Wallet website

EXPLORE: $1M Catslap Crypto Burn Expected To Trigger Major Upside For $SLAP Price

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Sam Cooling
Sam Cooling
Lead Editor

Sam Cooling is the Lead Editor at 99Bitcoins.com and is based in London, UK. Sam Cooling steers News Strategy and Written Content with our market-breaking news team, with over half a decade of experience in cryptocurrency journalism and crypto trading.... Read More

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