The partnership between CoinStats and SPACE ID allows users to manage and track portfolios using simple Web3 domain names instead of complex wallet addresses. With over 1 million users and 100 billion USD in assets, CoinStats now offers an intuitive solution for portfolio management, enhancing accessibility and user experience.

The partnership has led to a surge in Web3 domain usage on CoinStats, with connected wallets increasing from 450 in October 2024 to 4,600 by December 2024. This increase is aligned with a Bitcoin bull market, showing a 922% rise, demonstrating the growing interest in easier portfolio management tools within the crypto space.