2019 has so far been an amazing year for cryptocurrency. According to recent stats, there are now over 6,500 cryptocurrency apps across iOS and Google Play at the end of Q2, 2019. This is an increase of 35% since January 2018.
There have been 67 million downloads of cryptocurrency applications so far in 2019 alone. Research shows that demand is still high largely driven by the mobile and finance ecosystem.
Fintech apps are particularly interesting because they carve out large user bases and foster habit-forming behaviors. Mobile fintech apps tend to be quite sticky, with average users checking them nearly daily. Daily usage was up 35% in 2018 since 2016.
Below are some of the 2018 mobile stats that show why mobile is fueling this industry:
194 billion worldwide mobile app downloads in 2018
$101 billion consumer spend in app stores in 2018
3 hours average user spend on mobile in 2018
360% high average IPO valuation for companies with mobile as core focus in 2018