A recent update to the Rainbow Ethereum Wallet, version 1.9.74 released on August 7, 2025, has garnered significant positive feedback from its user base, specifically for marked performance improvements. User dhai.eth
took to social media to express strong approval, stating, "Maybe I'm late to the party but the new Rainbow wallet is snappy as fuck, whatever you guys did, it worked wonderfully well @mikedemarais." This sentiment highlights a successful push by the Rainbow Studio team to refine the wallet's speed and responsiveness.
The non-custodial Rainbow Wallet, a prominent player in the Ethereum ecosystem, is recognized for its intuitive user interface and visually appealing design, supporting assets across mainnet, Polygon, Optimism, Arbitrum, Base, and Zora. The latest update, as detailed in app store release notes, specifically targeted "Bug fixes" and "Performance improvements," directly addressing user experience. This continuous refinement aligns with the company's stated commitment to optimizing its product.
Discussions from a Reddit AMA with the Rainbow Wallet team in March 2025, including co-founder Mike Demarais, indicated an ongoing focus on enhancing performance, particularly for Android users where challenges were acknowledged. The team emphasized their efforts in "perfecting the chain abstraction UX" and making transactions feel more seamless. This strategic direction aims to simplify the user journey within the complex Web3 landscape.
Rainbow Wallet differentiates itself through features such as comprehensive NFT support, WalletConnect integration for decentralized applications, and the ability to use ENS usernames for transactions. It also offers built-in instant bridging and swaps, aiming to provide a more integrated experience compared to some competitors. The positive reception of its latest performance upgrade reinforces its position as a user-centric solution in the competitive crypto wallet market.