Brave Growth and BAT Adoption are two Very Different Things

brave browser BAT

The Brave browser has proven to be of great interest to a lot of people. Despite the healthy growth, it would appear that few actually hold BAT rewards at this time. 

There are many advantages to using Brave as a browser.

BAT Growth Continues to Stagnate

It is a much faster experience compared to Chrome, Firefox, Edge, Safari, and others.

Secondly, it removes all ads and tracking scripts which makes users subject to data harvesting.

Combined with the option to be rewarded for clicking notifications or viewing sponsored backgrounds, there is an option to earn some money as well.

That money is paid out in BAT, or Basic Attention Token.

With over 10 million people using the Brave browser at this time, one would expect there to be a lot of BAT owners as well.

So far, that has proven to not be the case.

Glassnode statistics indicate how there are just over 618,000 BAT addresses.

This list includes exchange wallets and browser-based addresses, indicating how the growth isn’t accelerating as much.

What is even more worrisome is how roughly one-third of the total addresses hold Basic Attention Token.

Fueling further growth of this ecosystem will be crucial. 

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