Regardless of what purpose people use cryptocurrencies (trading, payment transactions, hedging etc.), they need to have a cryptocurrency wallet. A cryptocurrency wallet is a software, which is used to receive and spend cryptocurrencies, with storing private and public keys. Users can also check their balance and estimate fees regarding transactions. Most of the cryptocurrencies have their basic own wallet, like Bitcoin Core or Mist browser for Ethereum. However, wallet providers with multitude of functions are more popular, because they are easier to use. The smaller part of wallet providers run by volunteer developers (15%), but the majority is run by publicly registered companies (85%).
The total number of Blockchain wallets:
With the exponential increase in a number of wallets, there is a high chance that cryptos will go up again and we may see Bitcoin for $100 000 in 2020. Just HODL!
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