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@0xafonsoAnalysis of Here Wallet Activity since 2024
Flipside AI
The Near blockchain's Here Wallet demonstrates remarkable growth and user engagement, with a 1,155% surge in transaction volume from 53,534 to 61,833,754 monthly transactions and a staggering 22,000% increase in total users from 4,709 to 1,041,232 between January and June 2024. The platform attracted 587,373 unique swappers in January 2024, with a concentrated user base of 1,425,188 power users performing over 50 transactions, and processed $70.4M in trading volume. Despite experiencing dramatic volatility, with unique monthly swaps peaking at 1.37M in March 2024 before declining, the ecosystem shows potential, with 306,569 occasional swappers and transactions predominantly under $100, indicating a diverse and active user base.
HERE Wallet is a non-custodial mobile wallet designed for the NEAR Protocol, offering users a secure and user-friendly interface to manage their digital assets. Available on both iOS and Android platforms, HERE Wallet enables users to store, send, and receive NEAR tokens and other digital assets within the NEAR ecosystem.
Key Features:
Non-Custodial Design: As a non-custodial wallet, HERE Wallet ensures that users have full control over their private keys and seed phrases, enhancing security and privacy.
Cross-Platform Accessibility: The wallet is accessible on both iOS and Android devices, providing flexibility for users across different platforms.
User-Friendly Interface: Designed with simplicity in mind, HERE Wallet offers an intuitive interface suitable for both beginners and experienced users.
Security Measures: The wallet incorporates security features such as Face ID and PIN protection to safeguard user assets.
NFT Support: Users can manage and interact with non-fungible tokens (NFTs) on the NEAR network directly through the wallet.
Integrated DEX Aggregator: The wallet includes a built-in decentralized exchange (DEX) aggregator, enabling users to swap tokens directly within the app.