CoinStats partners with SPACE ID as Web3 domain name usage skyrockets

Coingapestaff
January 14, 2025
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WEDNESDAY, JANUARY 9, 2025, 07:00 EST SPACE ID, web3’s leading multichain web3 domain name service, is thrilled to announce its partnership with CoinStats, a popular crypto portfolio tracker, as CoinStats’ users are increasingly adopting domain names for simpler portfolio tracking.

This integration with CoinStats, which boasts over 1 million users and more than $100 billion in tracked assets, allows users to seamlessly track and manage their portfolios using just their simple SPACE ID domain names – rather than long, complex wallet addresses – for the first time. 

From now on, CoinStats users can track their balances across multiple wallets, with more than 120 blockchains and 1,000+ protocols supported, and seamlessly manage their portfolios using just their SPACE ID name handle – “jane.bnb”, for example – and a simple dashboard. Users can easily access performance data, transaction history, asset allocation, and market trends across their portfolios, as well as track portfolios of other SPACE ID domain holders for simplified copy-trading.

CoinStats has witnessed a significant boom in domain name usage on its platform over the last few months as several popular wallets, including Phantom and Coinbase, introduced their own usernames. The number of wallets connected to CoinStats via domains soared from 450 in October 2024 to 4,600 in December 2024, marking a 922% increase and coinciding with a five-fold growth in website traffic as the Bitcoin bull market attracted new users. The SPACE ID integration is set to supercharge the growing use of Web3 domains on CoinStats further over the coming months.

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Harrison Seletsky, Director of Business Development at SPACE ID, says: “By integrating with CoinStats, we’re expanding the number of use cases for SPACE ID domains as we continue to build a unified name service that seamlessly connects the entire Web3 ecosystem, and beyond.

As crypto investors employ more sophisticated strategies across multiple wallets and blockchains, portfolio tracking can be an invaluable tool to gain better visibility of all transactions and trends. I expect more and more people will use portfolio trackers as the market matures and we’re excited that SPACE ID is now part of this journey with sector leader CoinStats.”

Narek Gevorgyan, Founder and CEO of CoinStats, adds: “At CoinStats, our mission is to make it simpler for both new and seasoned crypto investors to keep track of their portfolio holdings. We’re excited about our integration with SPACE ID because the team shares our vision of making crypto and DeFi more accessible and user-friendly. Together, CoinStats and SPACE ID can help users avoid costly mistakes and keep their finger on the pulse of the market, saving them hours of getting lost in multiple Excel spreadsheets.” 

About SPACE ID

SPACE ID is a multichain Web3 domain and identity platform with 2.5M+ domains and 1.3M+ owners across BNB, Arbitrum, Sei, Injective and other major blockchains. It provides a comprehensive identity platform, allowing users to easily discover, register, trade, and manage web3 domains. SPACE ID also offers a Web3 Name SDK & API, enabling developers to incorporate domain and identity functionalities across many blockchains.

To learn more about SPACE ID, visit https://space.id/ 

About CoinStats

CoinStats is the leading crypto and bitcoin tracking platform, managing over $100 billion in assets. It simplifies managing multiple wallets and exchanges, helping users monitor and manage their portfolios more efficiently.

Trusted by over 1 million users worldwide, CoinStats offers powerful tools to track cryptocurrencies, explore AI-driven coin price predictions, set price alerts, and even create personalized Exit Strategies. Everything is accessible through a single, intuitive interface. 

The platform supports 120 blockchains, 300 wallets and exchanges, and over 1,000 DeFi protocols. It integrates seamlessly with leading platforms like Binance, MetaMask, Coinbase, Phantom, and more.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: This article is part of a paid partnership and should not be construed as financial advice. The views, statements, and opinions expressed herein are solely those of the sponsor and do not necessarily reflect those of Coingape. Cryptocurrencies are highly volatile, unregulated in many jurisdictions, and carry significant risk, including total loss of capital. Always conduct your own research and consult a qualified adviser before making any investment decisions. Coingape does not endorse or guarantee the accuracy, timeliness, or completeness of any information provided by the sponsor.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.