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Over $3.1 Billion Has Been Transacted Via Blockchain Web Wallet

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newsbtc
4 years ago
1 min read

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Blockchain.info is setting all sorts of records lately. Most recently, the internet’s most popular bitcoin-related web property announced they had surpassed 1.5 million web wallets.

Now, according to the service’s wallet page, over $3.1 billion worth of bitcoin has successfully been transacted using the Blockchain web wallet. Certainly an impressive milestone.

Blockchain continues to grow, now with 1.69 million web wallets set up and between 25,000 – 30,000 transactions taking place using the service every day.

And with Apple’s recent decision to amend their App Store rules to not discriminate against digital currency applications, these figures could very well get higher just as soon as the Blockchain app returns to the App Store.

“We will definitely be resubmitting the Blockchain iOS app and look forward to the day where we can invest and improve the experience,” Blockchain CEO Nic Cary told me this week.

The Blockchain web wallet’s growth began its spectacular climb in popularity late last year — coinciding with the great price spike of 2013, in which the price of bitcoin exceeded $1,100 per unit at some exchanges.

The event created tremendous interest in the digital currency, prompting newcomers to set up wallets at Blockchain, which no doubt has been one of the better options available.

In an interview with Bitcoin website CoinTelegraph, Blockchain COO Peter Smith said that the company is hoping to add another 10 million users to the service this year.

That, of course, might require a new price spike to spur interest, but we’d say what the Blockchain team has accomplished thus far has been impressive.

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