Trust Wallet Discusses the Challenges and Future of Crypto Wallets | Airdrop Alert Pro

The adoption of global digital assets is expected to drive the increase in the use of cryptocurrency wallets in the coming years. In preparation for adoption surge, developers focus on increasing Safety Complexity and extension capabilities.

Beincrypto talked with the Trust Wallet team to discuss the future of crypto wallets, its utilities and still-to-be-surpassed barriers to bounce to the mainstream market.

Crypto wallet adoption is expected to grow significantly

In recent years, The development of the cryptocurrency industry is very obviousreflecting the overall growth in global adoption rates. According to 2024 Report Today, from Triple-A, 562 million people worldwide own certain or all forms of digital currencies, up 6.8% from the previous year.

As cryptocurrencies gain mainstream and institutional acceptance, Encrypted wallet Becoming more and more important. These platforms provide secure management and storage of user digital assets, including private keys, while ensuring accessibility to their holdings.

Although the use of crypto wallets has declined in 2022 Encrypted winter and FTX crashesresearchers expect the market size to increase significantly in the next few years.

Report estimate In 2024, the global crypto wallet market size was approximately US$3.22 billion. By 2033, this is expected to reach USD 33.67 billion, with a CAGR of 29.81%. It believes that acceptance of cryptocurrencies continues to become a legitimate asset class, a major driver of market growth.

Institutional adoption of Bitcoin and Ethereum, including Their availability as U.S. exchange funds (ETFs)especially the turning point of cryptocurrencies that have been previously excluded from traditional finance.

With full strength in 2025, wallet developers are focusing on refining software and security technologies to keep up with the increasingly fierce market.

Integrate crypto wallets into the wider fintech market

Pierre Lavarague, head of business development at Trust Wallets, is optimistic about the future of crypto wallets. In conversation with beincrypto Paris NFTLavarague said the success of the field depends on its integration with the broader, more traditional financial markets.

“I think one of the main successes of wallets in 3 to 5 years is if we are not considered crypto wallets but as a mass market fintech. This means moving from the niche we have now, from us It is more common in terms of habits and vision for all the different users that can be possessed,” he said.

Making users seamless transitions will ensure that this happens.

“So the idea is just to be the next fintech where users will be able to use many blockchain-powered financial services without noticing it. I will consider what the work someone does when interacting with a trust wallet, like Like any other fintech application,” Lavarague added.

But to achieve this, crypto wallets must address one of the most critical obstacles they face today.

Meet new users in the middle

Crypto wallets are facing increasing demands that can accommodate users with different levels of technical expertise to facilitate wider adoption.

“I think one of the key challenges today is how to add crew members to cryptocurrencies defior Web3 general. From a customary point of view, this is something very new. If you randomly take 100 people on the street and ask them to download their wallets and engage in any Defi protocols with them, the drop rate will be close to 100 people. ” Lavarague explained.

The user experience must be smooth and simple to ensure that customers can easily browse the features of their wallet.

“We want to have a seamless introductory process to remove most of the friction people may face when interacting with their wallets or Web3, just to give them the same experience as the Web2 experience they can have,” he told Beincrypto.

Emerging technologies can also help solve this process.

The role of AI in simplifying the onboarding process

As Web3 builders continue to merge Artificial Intelligence (AI) features Lavarague in their projects can do the same thing to improve user interaction with crypto wallets.

“I think AI provides AI with the correct data of the user, which can bring a lot of help to design this custom experience. We can imagine an AI based on its chain action, age, preference, and users are willing to give it when they join the company. All of our data designs are a complete user journey. AI can use it to tailor a fully personalized experience in an application,” he said.

This technology can also be similarly used to facilitate customer experience for users who have mastered themselves in cryptocurrencies and use their wallets for several different purposes.

“From my point of view, where AI will bring most of the value is to provide a custom experience for every user in your wallet. So you can imagine a single app, but according to your preferences, chain activity and sense Center of interest, millions of different user experiences. Do you prefer NFT? Do you prefer to exchange tokens? Do you prefer to farming or Stablecoin loan? You can imagine AI reshaping various parts of your own user experience based on how you use the product to better meet your needs. ” Lavarague explained.

AI can also protect increasingly complex attacks to prevent users from being safe.

Protect complex cyber attacks

Security remains a key issue for encrypted wallets. 2025 Chain Analysis Report Revealed this compromise Private key This is the main reason for cryptocurrency theft in 2024 and is the largest share of the stolen funds.

These thefts totaled $2.2 billion, an increase from $1.7 billion in 2023. The number of hacking incidents has also surged.

Trust Wallet Chief Information Security Officer Eve Lam said Wallet Developers is augmenting its technology in several critical ways to address the growing complexity of cyberattacks.

“A significant improvement is the integration of AI-driven vulnerability detection in the development pipeline. By incorporating AI into the development process, vulnerabilities in smart contracts and blockchain systems can be more efficiently identified and mitigated. Automated security checking and prediction tools Enable developers to capture potential problems before deployment. As a result, AI becomes a fundamental component of secure blockchain development,” Lam told Beincrypto.

At the same time, it is becoming more and more complex Crimes related to blockchain Real-time monitoring and effective fund recovery solutions are required. Artificial intelligence can help this.

“Crypto wallets focus on enhanced on-chain threat monitoring and recovery mechanisms. AI-driven tools can proactively detect risk. Similarly, improved blockchain tracking increases the chances of recovering lost funds. The movement to track stolen assets through obfuscation technology Advanced forensic tools provide hope for victims and raise the bar for attackers, which makes them more difficult to succeed,” Lam explained.

Deployment of these mechanisms in 2025 is crucial to curbing the rise in cyberattacks against crypto wallet users’ assets.