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Google plans to display token balances in wallets operating on Bitcoin, Polygon, and Fantom blockchains

Earlier this month, Google Search initiated a feature displaying wallet balances for users of the Ethereum Name Service (ENS).

Google has made a significant move in support of cryptocurrencies by introducing a feature that allows users to view their wallet balances directly through a simple Google search. This new capability extends to wallets operating on various blockchains, including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. By integrating this feature into its widely-used search engine, Google aims to streamline the process of engaging with digital wallets, potentially attracting more users to the cryptocurrency space.

It’s important to note that the displayed balances may not update in real-time and will only reflect balances in the native tokens of the respective blockchains eligible for this Google feature. Images showcasing this functionality have already surfaced on social media platforms.

However, it’s crucial to understand that blockchain transactions are publicly recorded, and a wallet address alone does not reveal the identity of the wallet holder. Each wallet’s control resides in its private key, which is possessed by the wallet owner.

This announcement comes amid a bullish trend in the cryptocurrency market. Bitcoin, for instance, recently surged to a new all-time high of over $73,000. According to predictions from Standard Chartered, Bitcoin is expected to reach $200,000 by 2025. With the introduction of ETFs in the US and ETNs in the UK, more investors are likely to enter the crypto market, leading to increased traffic on Google for wallet balance checks.

This isn’t the first time Google has introduced a crypto-friendly feature to its search platform. Earlier this month, Google Search began displaying wallet balances for active ENS users. The Ethereum Name Service simplifies complex wallet addresses into human-readable, shortened addresses, enhancing accessibility and usability for users.

Overall, Google’s decision to integrate wallet balance displays into its search engine reflects a growing acceptance and adoption of cryptocurrencies in mainstream technology platforms. By providing users with easier access to their cryptocurrency holdings, Google is contributing to the broader accessibility and understanding of digital assets among its user base.

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