Ambire Wallet

WALLET Price

About Ambire Wallet (WALLET)

Ambire Wallet is a non-custodial, open-source DeFi wallet designed to simplify Web3 interactions through advanced security and account abstraction features.

• It utilizes EIP-7702 to enable smart wallet functionality for existing Externally Owned Accounts (EOA) without requiring users to migrate to new addresses.
• The platform features a chain-agnostic "Gas Tank" that allows users to pay transaction fees in various stablecoins or native tokens across multiple networks.
• Ambire includes built-in cross-chain swapping and bridging, enabling seamless asset transfers between Ethereum-compatible networks in a single click.

What Is Ambire Wallet

Ambire Wallet is a multi-chain self-custody solution that aims to bridge the gap between traditional fintech ease-of-use and the technical complexity of decentralized finance. It functions as a gateway to the Web3 ecosystem, allowing users to manage tokens, NFTs, and DeFi positions across various networks from a single dashboard. Unlike traditional extension wallets, Ambire focuses on reducing technical friction by automating complex processes like network switching and gas management.

Value flows through the system via the WALLET token, which serves as an application utility token for governance and ecosystem participation. The token is "put to work" through a staking mechanism and its role as an optional payment method for protocol service fees within the wallet. As the ecosystem grows, the WALLET DAO uses a portion of fee revenues for buyback and burn events, aligning the token's value with protocol usage.

What Makes Ambire Wallet Unique

• EIP-7702 Integration: Ambire is among the first wallets to natively support EIP-7702, which grants smart contract capabilities to standard accounts, making them programmable and more secure.
• Approval Minimization: The wallet utilizes transaction batching to combine multiple interactions, significantly reducing the need for persistent ERC-20 token approvals that often lead to security vulnerabilities.
• Privacy-First Architecture: Ambire avoids third-party data providers by making direct batch calls to network RPCs, which protects user privacy and ensures the wallet remains functional during external service outages.
• Hardware Wallet Synergy: It offers seamless support for hardware devices like Trezor, Ledger, and Grid+ Lattice, combining the security of cold storage with the advanced UX of a smart wallet.

What Can You Use Ambire Wallet for?

• Unified Portfolio Management: View and manage all assets, DeFi positions, and NFTs across every supported Ethereum-compatible network in one interface.
• Cross-Chain Operations: Execute swaps and bridges between different Layer 2 networks and the Ethereum mainnet without manual network switching.
• Fee Optimization: Utilize the "Gas Tank" to prepay for protocol service fees or pay them using stablecoins, avoiding the need to hold native gas tokens on every new chain.
• Governance Participation: Use WALLET tokens to vote on proposals within the WALLET DAO, influencing the future development and fee structures of the ecosystem.

How Does Ambire Wallet Work?

Ambire Wallet operates by supercharging standard accounts with account abstraction, a method that makes accounts programmable like smart contracts. Through the implementation of EIP-7702, it enables features like transaction batching—where multiple actions are bundled into a single transaction—and transaction simulation, which previews the outcome of an interaction before it is signed.

The wallet's performance is driven by a custom method of retrieving data called "batch calls." Instead of relying on various third-party APIs, Ambire makes a single, large request to the blockchain's Remote Procedure Call (RPC) node. This "eth_call" technique allows the wallet to load balances, NFT data, and simulations quickly while maintaining a high degree of decentralization and user privacy.

Team Info and Investors

Ambire was founded by Ivo Georgiev, an experienced developer who also created the AdEx protocol. The project is governed by the WALLET DAO, which transitions control of the ecosystem to its community of token holders. While the source material focuses on the DAO and early distribution via "Ambire Rewards," it notes that the project has undergone extensive security audits by multiple firms to ensure the robustness of its smart contracts.

Where can you buy Ambire Wallet?

WALLET tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Ambire Wallet is Uniswap V3 (Ethereum), where the most active trading pair WALLET/WETH has a trading volume of $11,452.76 in the last 24 hours. Other popular options include Sushiswap and Gate.

What is the daily trading volume of Ambire Wallet (WALLET)?

The trading volume of Ambire Wallet (WALLET) is $13.66 in the last 24 hours, representing a -90.30% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Ambire Wallet (WALLET)?

Ambire Wallet (WALLET) reached an all-time high of $0.1997 and an all-time low of $0.003291. It’s now trading -93.10% below that peak and 318.80% above its lowest price.

What is the market cap of Ambire Wallet (WALLET)?

Market capitalization of Ambire Wallet (WALLET) is $9,963,877 and is ranked #1090 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of WALLET tokens (720 Million tokens are tradable on the market today).

What is the fully diluted valuation of Ambire Wallet (WALLET)?

The fully diluted valuation (FDV) of Ambire Wallet (WALLET) is $10,151,860. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion WALLET tokens are in circulation today. Depending on how the emission schedule of WALLET tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Ambire Wallet compare against its peers?

With a price increase of 9.80% in the last 7 days, Ambire Wallet (WALLET) is outperforming the global cryptocurrency market which is up 3.10%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add Ambire Wallet (WALLET) to MetaMask?

Adding Ambire Wallet (WALLET) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import WALLET as a token. You can copy WALLET’s contract address (0x88800092ff476844f74dc2fc427974bbee2794ae) and import it manually, or if you've installed MetaMask's chrome extension, add WALLET to MetaMask with one click on CoinGecko.

Add WALLET to MetaMask.