In the third quarter, Safe, a popular cryptocurrency wallet, saw a record number of new accounts, with 14 million created, up 693% from the previous quarter. Most of these new accounts (93%) came from World IDs in World Chain. Safe currently holds over $72 billion in assets, spread across more than 25 million smart accounts, with 84% of these assets on the Ethereum network.
Safe has recently introduced a fee structure for native transactions, expected to bring in $1.7 million annually for SafeDAO. Active Safe users make up 88% of the Optimism chain, while Ethereum handles 83% of Safe’s transaction volume.
