I seriously doubt it considering that these people will create another wallet address unless those wallets private keys are being stolen in one of the centralised exchanges. That would alter the creation of new wallet and the number will increase again significantly. Although I am fully aware that a single person can create a multiple wallet if he/she wants to but this doesn't answer the fact of how many people are using cryptocurrency.

This is a impressive number but to understand the significance of this information, we would need more detailed and objective information.
I bet that most of those addresses are made by blockchain services, where people just register but for some small bonuss or referrer fee not to use their addresses ever.

I wonder if the creation of more wallets was because of wider adoption or because they know that 2019 is the right time to buy crypto currencies as the price is very affordable and they can easily gain more profits once the market will start to be alive again.

I have used blockchain.com but lately I transfer to our local exchange as I can easily convert my funds to my local currencies. It will be best also if it was included in the article if from what country has the most wallets created in mid-2019 so we can see which of the countries are adopting crypto currencies vastly.

It is not good to have a lot of wallet because they wasting they time from creating on it. It is like a disposable project where they try to be success but it's not easily by 40 million kind of wallet?

It will be good if there are some country who do at least once per country who can help to withdraw the money easily.

Unfortunately, it is impossible to know the real number of users behind this figure and researchers define crypto users in a different way. Is it only active crypto traders or also hodlers etc.? We have tried to make some reasonable calculation and we think that the total number of crypto users (meaning that these people at some point had something to do cryptos) across the globe is around 65-70mln people, which is almost 1% of the world population.

This is also an interesting read about the crypto penetration rate. They calculate the total number to be around 42mln people, like half a percent of the population>> https://www.chappuishalder.com/wp-content/uploads/2019/06/Publication_Crypto-traders-06-2019.pdf

One thing is clear... it is still a baby industry but there is huge growth potential and it is quite interesting to be at the forefront of innovation.

Is this a particular wallet provider or general wallet combined? If this is all wallets by users then the figure will be wrong I know my country would have created more than 2M this year alone because of the massive education of blockchain going on in campuses and media.

It is also surprising that so many wallet forms have been formed, but it can also be concluded that most wallets are made only temporarily to accommodate the tokens that were made, but subsequently are not used anymore. so naturally there will be a lot but what is really needed is only a few.

That does not really say much, as anyone can create as many wallets as they wish. Most people on this forum probably have more than one wallet, which shows how imprecise such data can be.

It's a big change and improvement to bitcoin for the past 10 years but we still need to go further to reach our aim which is mass adoption. Yes it is not accurate but this also matters because it shows how big bitcoin changes over time. Even without this statistics, we all know that bitcoin is continuously growing.

Another year will come for bitcoin and let's expect more positive happenings and more wallets to come!