BlockchainEthereum

Metamask Reaches One Million Users

The ethereum browser wallet Metamask has surpassed one million users of its Google Chrome extension.

Four years after launch this milestone comes as ethereum transactions see a spike, doubling in less than a month from 400,000 to now 800,000 transactions a day, the highest of any top blockchain.

Ethereum transactions double, Feb 2020
Ethereum transactions double, Feb 2020

Gas usage has also spiked to its highest level since September, while fees remain very low at less than five cent for a fast transaction of under two minutes.

For the first time in months ethereum’s hashrate has also risen, up from 150 Terahashes to now at 170 TH/s.

Metamask crosses one million users, Feb 2020
Metamask crosses one million users, Feb 2020

Google searches remain very low compared to the 2017 hight, but for the past 12 months they have reached 50% of the peak.

That’s while ethereum’s price crosses $280, its highest level since July, with hope seemingly rising in the ethereum ecosystem after two years of a brutal bear market.

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