GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.
Perhaps ironically, BlueSky was founded in 2019 by Jack Dempsey, the former CEO of Twitter.
Membership is skyrocketing at the nascent service, while its main competitor, X, has been hemorrhaging users.
The answer to that question is a bit complicated.
Read on to learn more.
How Fast Is BlueSky Growing?
Users have been flocking to BlueSky, particularly in 2024.
In August, Brazil banned X, and BlueSky gained an estimated 3 million users as a result.
This pushed the total number of BlueSky users to 15 million,according to The Guardian.
What Is Happening at X?
Should You Buy Shares of BlueSky?
However, BlueSky Digital Assets Corp. is a completely unrelated company.
More From GOBankingRates
Share This Article:
