Messari releases Safe Q3 report: Over 14 million new accounts added, of which 93% are World ID accounts.
On November 8, according to the latest report from Messari, Safe performed impressively in the third quarter of 2024. The number of new accounts for Safe in the third quarter exceeded 14 million, an increase of 693% from the previous period, with 93% being World IDs. At the same time, active users on Safe's Optimism chain accounted for 88%, while Ethereum processed over 83% of total transaction volume and stored 84% of total assets, highlighting its position as a major asset storage platform.
SafeDAO launched local exchange integrated community alignment fees in Q3 and generated $1.7 million annualized revenue. In addition, Safe also launched the open-source research project Safe{Foundry}, focusing on account abstraction and cross-chain interoperability; it provided support for developers through its multi-chain Gas Station project called Safe{Core}. During the governance cycle of SafeDAO, multiple proposals were approved with cumulative grants exceeding $300k used for decentralized decision-making and ecosystem development which further matured the Safe ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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