Glossary
Web3 Wallet Meaning: What Does Web3 Wallet Mean in Crypto?
Definition
Browser extension or app that interacts with decentralized applications
Integral to dApps, Web3 wallets like Phantom for Solana bridge users to DeFi and NFTs, evolving with standards like WalletConnect for cross-chain compatibility. Key Features: WalletConnect: v2 supports session management. EIP-1193: Provider API standard. Multi-Chain: Supports 10+ networks. User Base (2025): MetaMask: 30M MAU, Phantom: 10M MAU.