Pavel Durov: 700K+ Telegram wallets created in 48 hours
Pavel Durov said more than 700,000 self‑custodial wallets were opened on Telegram in the past two days, highlighting viral adoption as wallets activate on receipt of Grams.
Pavel Durov@durov · Context: COINMAG Newsroom
Key takeaways
- Telegram’s wallet onboarding is scaling quickly, with 700K+ new accounts in two days.
- Automatic activation on receipt of Grams creates a frictionless entry point for new users.
- The growth signals broader mainstream adoption of crypto through familiar platforms.
Pavel Durov, the founder of Telegram, posted on X that over 700,000 self‑custodial wallets were created on the platform in the last 48 hours. He explained that the wallet activates automatically when a user receives Grams, Telegram’s native token, which he described as a viral adoption mechanism. This is significant because it shows rapid user onboarding for a blockchain‑based product integrated directly into a mainstream messaging app, potentially expanding the user base for crypto beyond traditional exchanges. Durov’s statement also underscores Telegram’s ongoing commitment to building a decentralized ecosystem after the 2022 launch of the TON blockchain and its associated token, Grams.
“700K+ self-custodial wallets created on Telegram in the last 48 hours alone. Adoption spreads virally: a wallet activates the moment someone receives Grams. The crypto revolution is going strong.”
— Pavel Durov (@durov) on X · X ↗
Pavel Durov is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.
COINMAG NewsroomStories researched and written by the COINMAG news desk from multiple independent reports.
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