Although the global Binance app is popular in Russia, consumers often tried out new crypto wallets as soon as they were released from 2020 onwards. Legion Network and Phantom - both released in January 2022 - are examples of this. In terms of absolute downloads, however, the Binance app was downloaded more often than than the apps of Russian wallet PAYEER, the app of Blockchain.com, and MetaMask combined. It is noticeable, though, that from May 2022 onwards other wallets than those four saw a substantial increase in downloads. This includes the likes of Russian wallet Bybit, China's Huobi, or OKX from the Seychelles.
Number of downloads of 25 apps for decentralized digital assets - cryptocurrency, DeFi, NFT, Web3 (metaverse) - in Russia from January 2015 to July 2022
The 25 apps shown here are the largest in the country based on average downloads per day since initial release; Numbers are interactive: Clicking on the name reveals or removes that app from the graphic
Supplementary notes
Numbers have been gathered and sorted by Statista, based on the number of downloads per day since the app's initial release date. This to account for crypto wallets that appeared from 2020 onwards and became popular overnight - which would not reveal themselves when sorting via a metric that measures "lifetime" downloads.
The numbers provided do not include decentralized exchanges such as UniSwap, certain blockchain games like Axie Infinity, NFT collections such as Bored Ape Yacht Club or decentralized metaverses like Decentraland, as all of these are not available in the Google Play Store or Apple's App Store.
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Statista. (August 3, 2022). Number of downloads of 25 apps for decentralized digital assets - cryptocurrency, DeFi, NFT, Web3 (metaverse) - in Russia from January 2015 to July 2022 [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1324237/digital-asset-wallet-downloads-in-russia/
Statista. "Number of downloads of 25 apps for decentralized digital assets - cryptocurrency, DeFi, NFT, Web3 (metaverse) - in Russia from January 2015 to July 2022." Chart. August 3, 2022. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1324237/digital-asset-wallet-downloads-in-russia/
Statista. (2022). Number of downloads of 25 apps for decentralized digital assets - cryptocurrency, DeFi, NFT, Web3 (metaverse) - in Russia from January 2015 to July 2022. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1324237/digital-asset-wallet-downloads-in-russia/
Statista. "Number of Downloads of 25 Apps for Decentralized Digital Assets - Cryptocurrency, Defi, Nft, Web3 (Metaverse) - in Russia from January 2015 to July 2022." Statista, Statista Inc., 3 Aug 2022, https://www.statista.com/statistics/1324237/digital-asset-wallet-downloads-in-russia/
Statista, Number of downloads of 25 apps for decentralized digital assets - cryptocurrency, DeFi, NFT, Web3 (metaverse) - in Russia from January 2015 to July 2022 Statista, https://www.statista.com/statistics/1324237/digital-asset-wallet-downloads-in-russia/ (last visited October 30, 2024)
Number of downloads of 25 apps for decentralized digital assets - cryptocurrency, DeFi, NFT, Web3 (metaverse) - in Russia from January 2015 to July 2022 [Graph], Statista, August 3, 2022. [Online]. Available: https://www.statista.com/statistics/1324237/digital-asset-wallet-downloads-in-russia/
