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As the cryptocurrency market continued to gain traction in the fourth quarter of 2020, Android users in the United States actively engaged with leading cryptocurrency apps, as shown by Sensor Tower's data. Here we analyze the performance of the top five cryptocurrency applications.
Coinbase: Buy Bitcoin & Ether saw a significant increase in downloads, starting the quarter with 27K and peaking at 108K in the last week of December. Weekly active users also surged from 1M to over 1.4M during the same period.
Crypto.com-Buy Bitcoin,ETH,SOL experienced a steady climb in downloads beginning with 8K and closing the quarter at 29K. The app's weekly active users followed a similar trajectory, increasing from 94K to over 147K by the end of December.
Voyager initially had no downloads in early October but witnessed a remarkable growth, concluding the quarter with 23K downloads. Its active user base expanded from a modest 1K to 48K in the final week of 2020.
Coinbase Wallet: NFTs & Crypto downloads varied throughout the quarter, with a notable peak of 17K mid-November and ending with 12K. The weekly active users saw an overall rise from 30K to 67K.
Lastly, Blockchain.com: Crypto Wallet downloads remained fairly consistent, ranging from 5K to 7K, and capped the quarter with 7.6K downloads. Active users saw a modest increase from 30K to 36K.
For more insights into the app performance and trends, Sensor Tower provides detailed analytics and data to help understand the cryptocurrency app market better.