Ethereum (ETH) Application Metamask Exceeds 1 Million Users!
One of Ethereum’s (ETH) most popular apps, the browser wallet Metamask has officially exceeded one million users on the Google Chrome plugin. This important turning point came with the rise of ETH to the highest level in the last seven months.
Rise of Ethereum Benefits Metamask
According to Trustnodes data, Ethereum transactions increased from 400,000 to 800,000 in a short period of time. In addition, it is stated in the related Trustnodes research that the use of Gas in the Ethereum network has increased to the highest levels since September.
Although the transaction fee remained low, the increase in the use of Gas surprised many investors. This situation can be suggested as an indication that it is actually starting to solve scalability which is one of the biggest problems of ETH.
Another positive development is that the Chrome plugin of the MetaMask application has exceeded 1 million users. This situation shows that ETH reaches more and more users every day and is used by mainstream audiences. Considering the fact that cryptocurrencies need the use of mainstream masses to succeed, Ethereum is definitely on the right track for now.
The first month of the year for @metamask_io was intense!🔥
Catch up on it all in our Medium newsletter! Info on MetaMasks MetaTransaction challenge results hosted by @gitcoin, A Snaps highlight, @Google lifts it's MetaMask ban, and more!!!!)🦊https://t.co/ADsBXNLqeZ
— Jason Lee (@JSONLEE3) February 4, 2020
In addition, Metamask confirmed from the report in the tweet above that the first month of the year hosted incredible developments for them.