YEREVAN (CoinChapter.com) — CoinStats, a crypto portfolio tracking platform managing over $100 billion in assets, has integrated SPACE ID to simplify wallet management. This integration allows users to replace long wallet addresses with Web3 domains, such as “alex.bnb,” making portfolio tracking more accessible.
The platform, which supports over 120 blockchains, has seen a significant rise in Web3 domain usage. The number of wallets connected via domains increased from 450 in October 2024 to 4,600 in December 2024, reflecting a 922% growth in just two months.
This growth demonstrates the rising use of Web3 domains for portfolio management. Harrison Seletsky, SPACE ID’s Director of Business Development, stated that the partnership enhances SPACE ID’s role in linking users to the Web3 ecosystem.
How SPACE ID Integration Works
The SPACE ID integration on CoinStats allows users to manage their crypto wallets using a single Web3 domain handle. Instead of dealing with multiple wallet addresses, users can link their wallets under one SPACE ID name, simplifying the process of tracking balances, transactions, and portfolio performance. This integration is compatible with popular wallets like MetaMask and Trust Wallet, making it easy for users to access their data.
By using SPACE ID handles, users can also explore other portfolios and monitor performance without needing lengthy wallet addresses. This feature is particularly beneficial for those managing assets across multiple blockchains, as it reduces errors and enhances efficiency.
Key Details on SPACE ID and CoinStats
SPACE ID supports Web3 identity management across major blockchains, including BNB and Arbitrum. The platform has registered over 2.6 million domains, with more than 1.3 million unique owners. Its integration with CoinStats aims to further streamline crypto wallet management for its users.
CoinStats, trusted by over 1 million users, tracks more than $100 billion in assets across 120 blockchains. It supports portfolio management for 300 wallets and over 1,000 protocols, offering tools that simplify crypto tracking and reduce manual effort.
