AI Insights · Timothy · July 2022
Top 5 Cryptocurrency Apps on Android in El Salvador - Q2 2022
Discover the performance trends of the top 5 cryptocurrency apps on Android in El Salvador for Q2 2022, including weekly downloads and active users.
During the second quarter of 2022, the top 5 cryptocurrency apps on the Android platform in El Salvador showcased varying trends in terms of downloads and active users. Here is a detailed look at their performance:
Chivo Wallet from Gobierno de El Salvador saw a declining trend in weekly downloads, starting at approximately 18.3K in the last week of March and ending at around 10K by the end of June. Weekly active users fluctuated but generally trended upward, peaking at about 439.5K in early June before decreasing to roughly 402K by the end of the quarter.
MultiMoney ES by Sociedad de Ahorro y Crédito gente S.A. had relatively stable weekly downloads, hovering around 900 to 1K downloads throughout the quarter, with a noticeable spike to 1.4K in late May.
Binance: Buy Bitcoin & Crypto from Binance Inc. experienced weekly downloads that varied between 500 and 1.3K, peaking at 1.3K in early May. Weekly active users initially declined from 51.4K to 44.5K by mid-April, then remained relatively stable, ending the quarter at around 47.9K.
StormGain: Bitcoin & Crypto by StormGain Limited showed an increase in weekly downloads, reaching a high of 1.3K at the end of May. Weekly active users saw a notable rise, starting from about 7.9K in late March and peaking at approximately 10.5K by the end of May, before slightly decreasing to around 9.6K by the end of June.
Crypto.com - Buy Bitcoin, ETH by Crypto Technology Holdings Limited had a significant spike in weekly downloads in mid-April, reaching 1.5K, but then dropped sharply, averaging around 30 downloads per week for the rest of the quarter. Weekly active users peaked at about 3.8K in mid-April and gradually decreased to approximately 1.8K by the end of June.
The data for this analysis is sourced from Sensor Tower. For more detailed insights into the performance of these apps and others, visit Sensor Tower.