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Are crypto wallets rushing to issue tokens? Time is running out for them

Are crypto wallets rushing to issue tokens? Time is running out for them

ForesightNews 速递2025/09/24 13:33
By: ForesightNews 速递
TWT-0.82%RBW0.00%CLANKER-0.86%
The coming months may present a good opportunity for wallet projects to launch their tokens.
The coming months may present a prime opportunity for wallet token launches.


Written by: 1912212.eth, Foresight News


Crypto wallets are one of the most important infrastructures in the industry. As the industry has developed, wallets have evolved from mere asset storage tools to ecosystem gateways and value distribution platforms. Some wallets attract users through point systems, NFT airdrops, and by supporting more chains, aiming to increase user stickiness and ecosystem vitality.


According to industry data, the number of wallet users has exceeded 100 millions, and token launches are often accompanied by high rewards, driving rapid market cap growth. Since Metamask confirmed it would issue a token, the previously lukewarm wallet sector has suddenly become lively.


MetaMask: From Rumor to Confirmation


As a flagship wallet in the Ethereum ecosystem, MetaMask boasts over 30 million monthly active users. As early as the last cycle, many users had high expectations for its token launch, but after the market turned bearish, the plan was shelved.


On September 11, ConsenSys CEO Joseph Lubin responded on Twitter to questions about the LINEA token, hinting that at some point in the future, if you hold N LINEA tokens for M days, this might allow another token to enter your account. If N and M are large, you will receive more rewards.


Are crypto wallets rushing to issue tokens? Time is running out for them image 0



On September 19 this year, Joseph Lubin officially confirmed in an interview with The Block that MetaMask's native token $MASK is about to launch, hinting that the timing may be "sooner than expected." Lubin stated that the token will give users more decision-making power on the platform and reward active behaviors within the wallet, such as trading and staking.


Although MetaMask has been heavily criticized for product updates and user experience, it is still strengthening its infrastructure, such as launching perpetual contract trading via Hyperliquid within the wallet, introducing the stablecoin mUSD, rolling out social login features, and simplifying wallet creation and recovery processes.


Rainbow Targets Q4 Launch


As an EVM-compatible wallet, Rainbow is well-received by the community for its user interface and experience. On September 22, Rainbow officially announced that its native token $RNBW will launch in Q4 2025. Rainbow has also introduced a series of other upgrades in its wallet app, including real-time price updates, instant balance refresh, and improved price chart features. In addition, Rainbow will launch perpetual contract trading supported by Hyperliquid.

Are crypto wallets rushing to issue tokens? Time is running out for them image 1


Points are calculated based on historical activities (such as swaps, asset holdings, and migration from MetaMask), and users can view their rankings and points in the app. The official statement emphasizes that $RNBW will be used for governance and fee discounts.


In fact, as early as October 2023, Rainbows tweeted with hints of an airdrop and "coming soon," suggesting an airdrop, but nothing materialized. Now, nearly two years have passed since the airdrop announcement. In terms of funding, Rainbow has received a total investment of $19.5 million, with Reddit co-founder Alexis Ohanian's venture capital firm Seven Seven Six leading the round.


Recently, Rainbow released an open letter proposing the acquisition of Clanker and suggested including CLANKER token holders in its broader plan to acquire Clanker. The Rainbow Foundation stated that if the acquisition is successful, 4% of the total RNBW supply will be allocated to CLANKER token holders, accounting for about 20% of the circulating supply at the token generation event (TGE). However, this proposal has been rejected by Clanker.


Rabby: Poll Hints at Market Cap


Rabby Wallet, developed by DeBank, supports 141 EVM chains and has over 4.2 million users.


Are crypto wallets rushing to issue tokens? Time is running out for them image 2


On September 19, Rabby officially launched a poll on X, asking, "What will the market cap of $RABBY be?" This was seen as a clear signal of an upcoming token launch. The community speculates a Q4 launch, with the points system starting in January 2024 and initial points distributed to each EVM address, including retroactive and ongoing activity rewards (such as trading and cross-chain activities).


Phantom: Officially Denies Token Plans, Rumors Persist


As a Solana ecosystem wallet, Phantom has high user activity but maintains a conservative stance on token issuance.


In January 2024, Phantom officially clarified that there are no plans to launch a token or airdrop. However, as the market recovers and Solana and meme coins gain traction, rumors about a token launch continue to circulate. Therefore, in January 2025, Phantom once again tweeted to remind that there are no plans to launch any token.



Changpeng Zhao Endorses TWT, Q4 May See a Wave of Wallet Token Launches


On September 19, Changpeng Zhao (retweeted the "Trust Wallet updates token Litepaper" tweet and commented that the TWT token was initially just an experiment. FDV rose rapidly. They burned 99% of the supply, but there weren't many use cases. Now, use cases are expanding.

Are crypto wallets rushing to issue tokens? Time is running out for them image 3



This endorsement triggered a surge in TWT price, soaring from a low of $0.8 to $1.53. The current market cap has fallen back to $500 million.


After the Federal Reserve's rate cuts and whales taking profits, the crypto market's momentum cooled again. However, as liquidity returns at the end of the year, the next three months may be an excellent window for wallet token launches.

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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