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As the year 2020 came to a close, the cryptocurrency app market witnessed varied performances in the United States. Data from Sensor Tower offers insights into the trends for the top 5 cryptocurrency applications on a unified platform, encompassing both iOS and Android.
Coinbase: Buy Bitcoin & Ether, a leading app in the crypto space, showed a notable increase in downloads, jumping from approximately 49K in the last week of September to an impressive 168K by the end of December. The weekly active users also saw a steady rise from around 1.8M to over 2.2M in the same period.
Another significant player, Crypto.com-Buy Bitcoin,ETH,SOL, also experienced growth in downloads, starting the quarter with 21K and peaking at 58K by the year's end. The app's weekly active users showed a consistent upward trajectory from approximately 229K to 328K.
The Coinbase Wallet: NFTs & Crypto saw its downloads more than triple, from a modest 7.6K in September to over 26K in December, while the weekly active users increased from around 89K to 170K.
Binance: Buy Bitcoin & Crypto also recorded an increase in downloads from 8.5K to 54K, and its weekly active users rose from 121K to 254K, indicating a growing interest in the Binance platform among US users.
Lastly, the Bitcoin & Crypto DeFi Wallet by Bitcoin.com saw its downloads grow from around 14K to nearly 30K. The app's active users showed a rise from approximately 73K to 111K in the final weeks of 2020.
These statistics highlight the growing engagement and interest in cryptocurrency applications as we observed the closing of the year 2020. For more detailed insights and analysis, Sensor Tower's comprehensive data provides an in-depth look at the cryptocurrency app market trends.