SPACE ID and CoinStats Join Forces as Web3 Domain Adoption Surges
WEDNESDAY, JANUARY 9, 2025, 07:00 EST — SPACE ID, a prominent multichain service in the web3 domain industry, is excited to reveal its collaboration with CoinStats, a well-known crypto portfolio tracking app. The partnership comes as CoinStats users increasingly turn to domain names for more straightforward portfolio management.
Through this integration, CoinStats' extensive user base of over a million individuals, managing assets exceeding $100 billion, can now effortlessly monitor and handle their portfolios. They can do this using simple SPACE ID domain names instead of complicated wallet addresses for the first time.
CoinStats users can now keep tabs on their balances across numerous wallets, with support for over 120 blockchains and more than 1,000 protocols. They can efficiently manage their portfolios using straightforward SPACE ID handles like "jane.bnb" and a user-friendly dashboard. This feature allows users to access performance insights, transaction records, asset distribution, and market trends across their portfolios, as well as track other SPACE ID domain holders' portfolios for easy copy-trading.
Recently, CoinStats has noted a sharp rise in domain name utilization on its platform, spurred by the introduction of usernames by popular wallets like Phantom and Coinbase. The number of wallets connected to CoinStats via domains skyrocketed from 450 in October 2024 to 4,600 by December 2024, representing a staggering 922% growth. This surge coincided with a fivefold increase in website traffic as the Bitcoin bull market drew new users. The SPACE ID integration is anticipated to further accelerate the use of Web3 domains on CoinStats in the coming months.
Harrison Seletsky, who leads Business Development at SPACE ID, comments:
“By teaming up with CoinStats, we are broadening the applications for SPACE ID domains as we work on creating a unified naming service that seamlessly connects the entire Web3 ecosystem and beyond.
As crypto investors adopt more advanced strategies across various wallets and blockchains, portfolio tracking becomes an essential tool to gain clearer insight into transactions and trends. I anticipate that more individuals will utilize portfolio trackers as the market evolves, and we are thrilled that SPACE ID is now part of this journey with CoinStats, a leader in the sector.”
Narek Gevorgyan, Founder and CEO of CoinStats, shares:
“At CoinStats, we aim to simplify the process for both novice and experienced crypto investors in managing their portfolio holdings. We are thrilled about our integration with SPACE ID because their team shares our vision of making crypto and DeFi more accessible and user-friendly. Together, CoinStats and SPACE ID can help users avoid costly errors and stay informed about market movements, saving them hours otherwise spent on multiple Excel spreadsheets.”
About SPACE ID
SPACE ID is a multichain Web3 domain and identity platform with over 2.5 million domains and 1.3 million owners across BNB, Arbitrum, Sei, Injective, and other major blockchains. It offers a comprehensive identity platform that enables users to discover, register, trade, and manage web3 domains with ease. Additionally, SPACE ID provides a Web3 Name SDK & API, allowing developers to integrate domain and identity features across numerous blockchains.
To learn more about SPACE ID, visit https://space.id/
About CoinStats
CoinStats is the leading crypto and bitcoin tracking platform, managing over $100 billion in assets. It simplifies managing multiple wallets and exchanges, helping users monitor and manage their portfolios more efficiently.
Trusted by over 1 million users worldwide, CoinStats offers powerful tools to track cryptocurrencies, explore AI-driven coin price predictions, set price alerts, and even create personalized Exit Strategies. Everything is accessible through a single, intuitive interface.
The platform supports 120 blockchains, 300 wallets and exchanges, and over 1,000 DeFi protocols. It integrates seamlessly with leading platforms like Binance, MetaMask, Coinbase, Phantom, and more.
For more information: https://coinstats.app/
Press Contacts
SPACE ID
Rebecca Jones
Anna Fedorova
CoinStats
Tigran Mkrtchyan
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Investment Disclaimer
