Pavel Durov, founder of Telegram, says more than 700,000 self-custodial wallets were created in just 48 hours, including 333,188 in a single day. The sharp increase comes with the phased rollout of Gram Wallet, a self-custody wallet built into the messaging app. Wallets activate automatically when they receive Gram tokens, turning every transfer into a potential new user. Telegram has more than one billion users, while the roughly 700,000 creations relate exclusively to the new service and not the existing Wallet mini-app and bot, which has reported more than 150 million users. No independent verification of on-chain activity or wallet retention has been reported, meaning wallet creation does not guarantee usage.
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