Multi-wallet usage up 16%, but AI may address crypto fragmentation gap

Quick Summary:

Related: Crypto hackers hit DeFi for $92M in April as attacks double from MarchMobile wallets dominate, hardware wallet usage on the riseOut of the 1,000 surveyed participants, 51% of users preferred using a mobile wallet, down from 54.8% in 2024.

Source: Nansen, ReownOnly 10% of the respondents preferred using a hardware wallet, up from just 7% a year ago, signaling that hardware wallets are slowly gaining traction among more advanced crypto users.

According to a research report published by onchain user experience platform Reown and crypto intelligence firm Nansen, 62% of crypto users reported using at least two wallets over the past three months, up from 45% in 2024.

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Article Details

Author / Journalist: Cointelegraph by Zoltan Vardai

Category: Crypto

Markets: United States

Topics: Wallet User Hardware According Wallets Users Crypto Social Bringing Security Using

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 09:22:09 (3 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28307716

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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Publisher ID: #11

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