Polkadot’s Subwallet App Surpasses 1.6M Downloads, Attracts 800K Active Users

• Polkadot’s Subwallet records massive adoption with 1.6 million total downloads and 800k active users and services according to data. 

• The Subwallet supports over 150 networks, enabling users to manage over 380 tokens. 

Subwallet was recently reported by Crypto News Flash to have announced its support for the Polkadot Kusama bridge and Polkadot Ethereum bridge on its browser extension. Soon after this groundbreaking initiative, it recorded over 1.6 million total downloads and 800k active users and services. On top of that, it has cemented its position as the most comprehensive non-custodial wallet solution for the Polkadot, Substrate, and Ethereum ecosystem. 

Did you know? @subwalletapp, the Polkadot-native self-custody solution, has over 1.6M total downloads and 800K active users and devices What we’re trying to do here is to aggregate all the major use cases within the Polkadot ecosystem with an easy and straightforward UX …… pic.twitter.com/MZtO701nPs— Polkadot (@Polkadot) July 12, 2024

Recently, the team behind Subwallet facilitated the integration of the Asset Conversion pallet on its web dashboard for seamless swapping among DOT, USDT, and USDC on the Polkadot Asset Hub network. As disclosed by developers, the added bridges and swaps are crucial in expanding the use cases of the ecosystem with Subwallet becoming the first to support them on an incredible user interface. 

According to the research lead at Subwallet DJ Hà Trang, the ongoing development around the app transcends DOT on the relay chain to all the protocols. 

What we’re trying to do here is to aggregate all the major use cases within the Polkadot ecosystem with an easy and straightforward UX … it’s not just about DOT on the relay chain, it’s about all the protocols as well.

Impact of Subwallet on the Polkadot Ecosystem

For the co-founder and CEO of the Subwallet Hieu Dao, Polkadot was long deemed unfriendly to users until their innovative approach and intervention revolutionized its DeFi landscape. With this, Dao believes that Subwallet would continue to support new ecosystem updates to facilitate the realization of the mission of onboarding more users to the Polkadot ecosystem. 

As a proactive agent in the Polkadot ecosystem, we follow ecosystem updates closely and are always one of, if not, the fastest to provide support. Polkadot has long been deemed unfriendly to users, and it’s our responsibility as the first touch point to change this belief. Bridging and swapping are crucial components of a flourishing DeFi landscape that Polkadot is heading towards and we want users to have the smoothest and easiest experience with SubWallet.

Currently, Subwallet distinguishes itself from other wallets by supporting more than 150 networks and allowing users to manage more than 380 tokens. Also, it enables cross-chain transfers by facilitating the sending and receiving of assets across the Polkadot and Kusama ecosystems. Other key features of the wallet include NFT management, staking and nomination pool, hardware wallet integration, user-friendly interface, utmost security and privacy, fiat-to-crypto integration, and supported chains and parachains. 

Recently, Subwallet announced a partnership with Super Army Web3 to drive the advancement of Web3. 

By partnering with SubWallet, Super Army Web3 gains access to a comprehensive non-custodial wallet solution that supports Polkadot, Substrate, Ethereum, and a wide range of other chains and parachains. This collaboration aligns with Super Army Web3’s focus on inclusivity and collaboration, providing its community with new opportunities to engage with the Web3 space.

At press time, Polkadot (DOT) was trading at $6.4 after surging by 4% in the last 24 hours and 9% in the last seven days.