TREE NEWS update: Telegram founder Pavel Durov said more than 700,000 wallets were created on the messaging app in 48 hours. The figure comes from the Gram explorer’s creation count, which includes wallets that have no onchain transactions, a different measure from active wallets.
Durov: Over 700,000 Telegram Wallets Created in 48 Hours
AI take
The headline number is a creation count, not adoption: wallets with no onchain transactions can inflate the tally, so the figure speaks to onboarding reach rather than usage. The distinction matters because Telegram's distribution is its main claim on the crypto market, and a large messaging audience converting to wallet holders would be a meaningful funnel for consumer-facing apps. Whether those wallets ever transact — and how the gap between creation and activity closes — is the open question worth watching.
Generated by AI for reference only.
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