On February 14, 2020, Metamask exceeded a million users of its Google Chrome extension. This achievement means Ethereum adoption is pushing to high levels.

The team behind Metamask plan to make how users engage with Ethereum network simpler and, in turn, make it available to the masses by integrating the blockchain into the browser. In addition to the Chrome browser, the wallet also offers extensions for popular browsers such as Firefox, Opera, and Brave.

Just four years after launch, this remarkable milestone comes as ETH daily transactions see a sharp rise, doubling in less than a month from 400,000 to 800,000, the highest spike of any top blockchain.

Moreover, gas usage also increased to its highest level since Sep. 2019, while fees remain very low at less than 5% for a fast transaction of under 2 minutes.

For the first time in months, the ETH hash rate has also risen, up from 150 to now at 170 TH/s.

Meanwhile, ETH prices surpassed the $280 mark, the highest level since July last year, with hope apparently rising within the ETH ecosystem after two years of a cruel bear market.

All of these positive steps for ETH will likely increase the usage of browser-based tools such as Metamask, essentially paving the way for mass crypto adoption in the general public.

MetaMask Could Foster Mass Crypto Adoption Via Mobile Apps

MetaMask’s most promising avenue for growth remains in mobile applications, with mobile-based crypto wallets becoming a very popular means to manage digital assets.

MetaMask may now be at 1,000,000 users, but if it expands to the mobile market, these numbers may soon look very small compared to what the future holds, improving the prospects of an imminent mass crypto adoption.

The team behind Metamask recently showcased a new development called Snaps at the ETHDenver hackathon. It will now enable developers to build plugins that can improve efficiency and functionality for Metamask, allowing more members of the general public to use and hold crypto.

Bullish Signs For Ethereum

The growth of the DeFi markets is one of the more bullish signs for ETH as it has become the standard monetary unit in this nascent financial landscape.

Metamask browser wallet can be used to tap into DeFi platforms to effortlessly transfer crypto and set up smart contracts for earning high-interest rates in minutes.

Besides, recent news that JPMorgan will be partnering with ConsenSys is also very bullish for ETH. Moreover, energy giant BP recently revealed it would join the list of sponsors for the ETHDenver event, which could signal a growing interest in the Ethereum ecosystem.

